Companies are sitting on a mountain of empty office space that has yet to hit the market, CNBC reports. Persistent inflation is increasing how much it costs to develop data centers, according to Bisnow. These are among today’s must reads from...
Washington Business Journal cites D.C. Property Tax Administration's assessment of the market value of the nation’s highest profile government buildings, such as the White House. The Empire State Building is among a number of office buildings that...
The Golden State is home to some of the U.S.’ most expensive real-estate, making the ultra-tight market a headwind for attracting those crucial college students in the coming years.
Fueled by billions of dollars from affluent individuals, Blackstone Real Estate Income Trust has become one of the firm’s top profit drivers, expanding property investing in private markets to the masses. Now, the money machine is facing its...
David Simon defended the future of physical retail real estate in the firm’s third quarter call. IKEA filed a cease and desist letter against a software developer that has built a survival horror video game set in an IKEA¬-like furniture store...
The state accused Albertsons and Kroger in the lawsuit of running afoul of its antitrust and consumer protection laws. Bob Ferguson, the state’s attorney general, plans to file a request for a temporary restraining order to block Albertsons from...
Multiple publications look at the impacts of rising interest rates on various aspects of the commercial real estate business, including debt availability and office valuations. Apartment evictions are back on a grand scale as federal emergency...
