Delaware
5 Upstate NY Regions Begin Reopening; Some Beaches to Open with Restrictions
Five upstate New York regions have met all seven metrics to begin reopening, Gov. Andrew Cuomo said Friday. For New… Read more
C-Store Royal Farms Adds 2 MD Locations
KLNB recently facilitated the opening of two new Royal Farms in Maryland. Principals Ryan Minnehan and Patrick Miller represented the convenience store chain… Read more
Massachusetts Joins Regional Group on Reopening State Economies
Massachusetts Gov. Charlie Baker said Tuesday the commonwealth had joined the group of six neighboring Northeastern states to develop a… Read more
States on East, West Coasts Forge Regional Pacts to Restart Economies
Led by New York State, six East Coast states have agreed to partner on a strategy to slowly reopen their… Read more
WeWork Sues SoftBank Over Terminated $3B Stock Deal
WeWork says it had filed a lawsuit in the Delaware Court of Chancery against SoftBank Group, which last week terminated… Read more
Dermody Acquires Share of Redevelopment at Delaware GM Site
Dermody Properties will partner with Harvey Hanna & Associates on the latter’s redevelopment of the former General Motors (GM) plant… Read more
Reonomy Report: No Surprise — Multifamily Thrives in O-Zones
While the Opportunity Zone program is geared to work with all real estate types, some CRE assets seem to be… Read more
FEMA Bought 43K Flood-Prone Homes; Could End Up Buying More
Americans voluntarily sold more than 43,000 properties in high-risk, flood-prone areas to the government, including FEMA, since 1989, according to… Read more
Greystar Hires Clarkson as Managing Director of Development
Charleston, SC-based real estate company Greystar has hired John Clarkson as Managing Director of Development. Clarkson will be responsible for… Read more
RAIT Financial Seeks Ch. 11 Protection
Philadelphia-based RAIT Financial Trust has filed for Chapter 11 protection at U.S. Bankruptcy Court in Delaware. The mortgage REIT has… Read more
Atlanta & O-Zones: Coldwell Banker Commercial Talks to Invest Atlanta’s Edward Smith
Opportunity Zone development is starting to pop up all over the place. Atlanta has 26 designated Opportunity Zones (there are… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Where are Best Places to Get a Summer Job?
This summer’s job market is likely going to be challenged by the tight U.S. labor market. The national unemployment rate… Read more
Multifamily in Flux? Q&A with Colliers International’s Will Mathews
This past year continued positive for the multifamily sector, though issues such as affordable housing and increases in construction costs… Read more
Charlotte Russe Declares Bankruptcy, Plans to Close Nearly 100 Stores
Charlotte Russe Holdings Corporation, together with its subsidiaries, voluntarily filed for relief under Chapter 11 of the Bankruptcy Code in… Read more
Six Red Lobster Restaurants Trade for $26M
Mill Valley, CA-based Four Corners Property Trust (FCPT) acquired six Red Lobster restaurant properties in Delaware, Indiana, Kentucky, Minnesota, Mississippi… Read more
Demolition at Shuttered GM Plant Will Make Way for Logistics Center
Developer Harvey Hanna & Associates has secured permits to begin demolition work at the three-million-square-foot former General Motors assembly plan… Read more
New York REIT Will Cease Trading in November
Shares of New York REIT Inc., which is winding down operations, will cease trading Nov. 2 on the New York… Read more
A Higher and Better Use for Old Manufacturing Plants
They’re well located near highways, ports and rail lines. They’re situated on enormous tracts of land. They can be had… Read more