Top news for real estate pros
Franchise Group, with Chapter 11, plans to close 300-plus store American Freight?chain
Franchise Group, Inc. , the parent of The Vitamin Shoppe and Pet Supplies Plus , has filed for Chapter 11 bankruptcy to restructure and plans to close its struggling American Freight chain, adding to the growing pile of retail bankruptcies and store closings in 2024.
Hyatt sees elevated attrition as some hotel owners resist?renovations
HYATT Hotels reported a record pipeline of 135,000 rooms across 690 hotels, but CEO Mark Hoplamazian noted an increase in hotel attrition due to owners unwilling to meet brand standards, reflecting industry-wide tensions over deferred maintenance and renovations.
Apartment REITs see end to supply glut, elevate outlook for?2025
Apartment REIT executives are optimistic about revenue growth opportunities in 2024, with MAA CEO Eric Bolton predicting the spring leasing season will mark the start of a recovery cycle with improved leasing conditions.
Cushman & Wakefield reports surge in leasing revenue in sign of ‘turning?point’
戴德梁行 said revenue increased 3% in the third quarter to $2.3 billion — including a 13% gain in leasing revenue to $492.7 million — driven by strong industrial and office leasing activity in its Americas and Asia-Pacific regions.
Take a peek inside Google’s future office home in downtown?Chicago
谷歌 has previewed potential plans for the James R. Thompson Center in Chicago’s Loop, showing a free-flowing layout that would be open to the public after the company’s move-in and purchase.