Posted on 6/19/20
25,000 Stores Might Close in 2020, Endangering Shopping Malls
Simon Property Group (NYSE:SPG) doesn't have enough money to buy up all of the retailers that are going to close their doors this year.The shopping mall . . .
Posted on 6/18/20
JLL Secures Financing for Acquisition of $66M, 530,000 SF Office Campus
JLL Capital Markets announced today that it has arranged debt and equity financing for The Campus at Marlborough
Posted on 6/18/20
The Real Brokerage - Corporate Update
The Real Brokerage Inc. (TSXV: REAX), a national, technology-powered real estate brokerage in the U.S. announced that it has granted an aggregate of 5,850,000 stock options . . .
Posted on 6/18/20
CIT Provides $35.9 Million in Financing for Construction of Apartment Building
CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided a $35.9 million senior secured loan for construction of a new 183-unit . . .
Posted on 6/18/20
Subway Restaurants to Add 50,000 Jobs in Communities Across North America
With record unemployment levels across the country, Subway Restaurants announced its local Franchise Owners seek to hire approximately 50,000 jobs in North American restaurants. This effort . . .
Posted on 6/18/20
NKF Orchestrates $66M Sale of The Campus at Marlborough in Suburban Boston, MA
Newmark Knight Frank (NKF) announces the successful completion of the $66 million sale of The Campus at Marlborough in Marlborough, Massachusetts on behalf of a fund . . .
Posted on 6/17/20
Service Properties Trust Closes $800M of Senior Unsecured Notes Offering
NEWTON, Mass.--(BUSINESS WIRE)--Service Properties Trust (Nasdaq: SVC), or SVC, a Maryland real estate investment trust, or REIT, today announced that it has closed its underwritten public . . .
Posted on 6/17/20
Office Properties Income Trust Prices $150 Million of 6.375% Senior Notes
NEWTON, Mass.--(BUSINESS WIRE)--Office Properties Income Trust (Nasdaq: OPI) today announced that it has priced an underwritten public offering of $150 million of 6.375% senior notes due . . .
Posted on 6/17/20
Vicinity Energy Acquires Central Energy Plant Serving Historic Watergate Complex in Washington D.C.
Vicinity Energy announced today that it has acquired the district energy system serving the historic Watergate Complex in Washington D.C. and taken over operations as of . . .
Posted on 6/17/20
Peabody Company’s Kristen Fowler Receives Fair Housing Compliance Designation
The Peabody Companies, a group of award-winning property management and real estate firms, is proud to announce that
Posted on 6/16/20
Peak Image Med Spa Prepares Reopening of Braintree, Boston Location in Vansanity
New Kenmore Square location shut down days after grand opening Just days after Peak Image Med Spa ( www.peakimagemedspa.com) celebrated the opening of their newest location . . .
Posted on 6/16/20
Pure Glow Opens Second Massachusetts Location and Introduces Medical Grade Beauty and Wellness Services
Today, Pure Glow, Boston's popular organic spray tan studio,announced the opening of its second location in Wellesley. Located 10 miles outside of the city, Pure Glow's . . .
Posted on 6/16/20
Twin River To Resume Operations At All Properties
Twin River Worldwide Holdings, Inc. (NYSE: TRWH) today announced the planned resumption of operations at its Golden Gates, Golden Gulch and Mardi Gras Casinos, in Black . . .
Posted on 6/16/20
Greentown Labs Announces Expansion to Houston
In a celebratory announcement with Houston Mayor Sylvester Turner, the Greater Houston Partnership, and cleantech and energy leaders from around the region, Greentown Labs today announced . . .
Posted on 6/16/20
Cushman & Wakefield’s Capital Markets Team Sells 14 Central Park Drive in Hooksett, New Hampshire
Momentum for the Capital Markets team continues with sale in Manchester area Cushman & Wakefield’s Capital Markets team recently sold 14 Central Park Drive in Hooksett, . . .
Posted on 6/15/20
VICI Properties to Provide $400 Million Mortgage Loan to Caesars/Eldorado
NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI), an experiential real estate investment trust, today announced it has agreed to provide a $400 million mortgage loan secured . . .
Posted on 6/15/20
JLL Advises Kamber Management on Repositioning Tower 45 for Post-COVID-19 World
First building in Manhattan to install AtmosAir™; ownership enhancing Class A, 458,446-square-foot office building with amenities focused on tenant health and wellnessJLL is advising Kamber Management . . .
Posted on 6/15/20
Wyndham Hotels & Resorts Opening Five New Ramada Hotels in China
Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,300 hotels across 90 countries, today announced plans for further growth in China as . . .
Posted on 6/15/20
Jay Nuss Realty Group Completes Sale of Commercial Property at 1589 Columbus Avenue, Boston
Jay Nuss Realty Group, LLC, a leading commercial real estate brokerage firm, recently completed the sale of a
Posted on 6/15/20
Mack-Cali Appoints Maryanne Gilmartin Board Chair
Completes Reconstitution of Board of DirectorsMack-Cali Realty Corporation (NYSE: CLI) announced that MaryAnne Gilmartin has been elected Chair of the Board of Directors, effective immediately. Mack-Cali . . .
Posted on 6/14/20
SVN Expands Presence In California With The Addition Of Capital West Partners
Boston, MA (GLOBE NEWSWIRE) -- SVN International Corp. (SVN), a full-service commercial real estate franchisor of the SVN® brand, announced the addition of its newest franchise . . .
Posted on 6/14/20
First Citizens’ Federal Credit Union Reopens Hanover Branch with Enhanced Safety Features
The First Citizens’ Hanover team (from left to right): Sydney Elliott, Shawna O’Neil, Brian Lawless, Agnieszka Hinz, and Ryan BulakFirst Citizens’ Federal Credit Union announced today . . .
Posted on 6/13/20
Brown Harris Stevens And Halstead Restructure To Strategically Form One Unified Entity
The owners of Terra Holdings, along with Alan Kersner as COO, today announced Halstead is now part of Brown Harris Stevens residential brokerage. This strategic restructuring . . .
Posted on 6/12/20
Trade Hounds Raises $3.2 Million Seed Round
BOSTON--(BUSINESS WIRE)--Trade Hounds, the largest professional community built exclusively for the construction industry, today announced the closing of its $3.2 million seed funding round. The round . . .
Posted on 6/12/20
Realty Income Vs. W. P. Carey: And The Winner Is...
Summary Triple-net REITs occupy an exalted place in the "REIT-sphere" but the pandemic has taken some of their shine.The pandemic also has created opportunities to get . . .
Boston
