Loop office tower faces foreclosure after conversion fails
A high-rise tower in the Loop that was supposed to have Chicago’s largest co-living property is now at risk...
Commercial Real Estate
National
Hewlett Packard Enterprise leaves Silicon Valley for Texas
Hewlett Packard Enterprise Co. is moving its headquarters out of high-priced Silicon Valley to the Houston area. The company...
National
Family offices are gearing up to pounce on distressed real estate
The world was still feeling the aftershocks of America’s subprime mortgage crisis when Julien Haccoun landed his MBA and...
National
Convention centers boom despite shows going virtual
Why, in the midst of a pandemic, would a 25-member board in Indianapolis vote unanimously to expand a convention...
National
Kushner looks to unload multifamily properties for $800M
Kushner Companies just put 10 Baltimore multi-family properties on the market, a portfolio that the firm’s president believes could...
National
Leadership shake-ups hit Vornado, Cushman & Wakefield and Howard Hughes
Three major real estate firms announced shake-ups to their leadership teams this week. Vornado Realty Trust’s chief financial officer...
Marijuana dispensaries level up with sleek design, larger footprints
Marijuana dispensaries are leveling up. What used to be small, funky shops hidden in industrial parks are now going...
National
Mirae Asset wins lawsuit over scrapped $5.8B Anbang hotel deal
South Korean investment bank Mirae Asset Daewoo won a significant U.S. court case against Anbang Insurance Group after Mirae...
National
Offices remain empty, and big cities are feeling the crunch
Companies’ hopes of bringing workers back to offices have been dashed as confirmed Covid-19 cases spike throughout the U.S....
Tri-State
Can the American Dream mall survive the pandemic?
New Jersey’s American Dream mall was projected to have 40 million visitors when it opened in 2019 — and...