Resi roundup: Fort Partners, Theory and Hewlett Packard bosses buy, sell homes
In the latest roundup of residential sales, executives from Fort Partners, Theory and Hewlett Packard Enterprise bought and sold homes across South Florida. Deals spanned Surfside to Wellington, and...
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AI halts Tyler Perry’s $800M expansion of Atlanta film studio
Developers have struggled to get projects off the ground over the past year amid high interest rates and tough lending standards. For Tyler Perry, the roadblock is artificial intelligence. The...
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Che Fico team to create “new concept” eatery in SF’s Mission Rock
The restaurant group behind the award-winning Che Fico will open a new full-service restaurant at Mission Rock, according to a press release from co-developers Tishman Speyer, the San Francisco Giants...
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WeWork to ditch 92K sf at Gas Company Tower in Downtown LA
Bankrupt WeWork will exit a landmark office location in Downtown Los Angeles. The New York-based co-working firm is vacating nearly 92,000 square feet of offices after failing to cut a deal with the...
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LA authorizes master leases with apartment owners
Los Angeles wants to become a landlord and sublease apartments to homeless residents. The City Council voted to launch a “master leasing” program to lease all or part of an apartment building, then...
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Sixth Street eyes commercial real estate opportunities in Europe
Another investment firm is circling distress in the commercial property market, on the lookout for opportunities. Alan Waxman, chief executive officer of San Francisco-based Sixth Street Partners,...
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JPMorgan Chase plans full-on renovation of namesake downtown tower
JPMorgan Chase just added a rare tally to the win column for downtown Chicago’s office market. The financial services giant aims to renovate its 55-story namesake tower, at 10 South Dearborn Street,...
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Barings lists Wall St. office tower for nearly $150M less than it paid
Barings is looking to sell a Wall Street office tower for less than half of the $270 million price tag the firm paid a decade ago as investors become increasingly willing to unload properties at deep...
View ArticleWest Palm approves Capstone’s 238-unit apartment project with workforce housing
Capstone Realty Group scored approval for a 238-unit apartment project in West Palm Beach, marking the firm’s development debut in South Florida. The Englewood, New Jersey-based firm plans an...
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Owner of former Trump Hotel in DC defaults on $285M loan
The owner of Donald Trump’s former Washington, D.C. hotel may be able to sympathize with the former president after defaulting on a loan at the property. This month, Miami-based CGI Merchant Group...
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