Top News for Real Estate Pros
Here’s How the Real Estate Slowdown Cuts Pay of Brokerage?CEOs
The CEOs of the four largest commercial real estate brokerages — CBRE, JLL, Cushman & Wakefield and Colliers — have received pay cuts as their firms deal with slowing sales and profits caused by high interest rates and low deal volume.
Who Would Want To Buy Family Dollar? The Answer Could Be?Far-Flung.
With discount chain Family Dollar possibly going up for sale, retail industry analysts and brokers are speculating on who would have the financial wherewithal — or motivation — to acquire a business with nearly 8,000 stores.
Here’s Why Housing Inventory Is Growing in These Areas More Than?Others
Housing inventory growth hasn’t been evenly distributed: While markets in states such as Florida, Texas and Arizona have experienced rapid growth, and in some areas have achieved pre-pandemic inventory levels, other regions are still stuck.
Alamo Drafthouse Franchisee Files for Bankruptcy After 'Worst-Performing' Quarter in Its?History
An Alamo Drafthouse Cinema franchisee has filed for Chapter 7 bankruptcy and closed six movie theaters in Texas and Minnesota as it deals with the headwinds facing the industry and the constraints of being a franchise.
One of Chicago’s Tallest Skyscrapers Nears $415 Million?Refinancing
One of Chicago’s tallest skyscrapers is set to be refinanced with $415 million in commercial mortgage-backed securities debt, one of the largest real estate loans in the city since the arrival of COVID-19 more than four years ago.