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Monthly Archives: September 2021

Home›2021›September
  • US Property
    By Cheryl A. Kitts
    September 30, 2021
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    Governor Pritzker says bear move out of Chicago would be “disappointing” – NBC Chicago

    Illinois Governor JB Pritzker called the news that the Chicago Bears could potentially leave the city for Arlington Heights “disappointing.” “Let me start off by saying ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 30, 2021
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    Factory closures in China could lead to shortage of Christmas shopping in the United States

    BEIJING (AP) – Buyers around the world face a possible shortage of smartphones and other goods before Christmas after blackouts to meet official energy consumption targets ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    September 30, 2021
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    SVN® EXPANDS ITS PRESENCE IN OHIO WITH THE ADDITION OF SVN |

    Boston, September 30, 2021 (GLOBE NEWSWIRE) – Boston, Massachusetts – (September 30, 2021) – SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the ...
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  • REITS
    By Cheryl A. Kitts
    September 30, 2021
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    Reit’s fusion may not have died in the water

    End of preliminary talks between LXi and Secure Income LXi shareholders ask for more details on unusual denial A £ 2.5bn tie-up between two UK property ...
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  • US Property
    By Cheryl A. Kitts
    September 30, 2021
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    Archdiocese Raised Over $ 1.6 Million Through Real Estate Auctions | Local News

    An eight-day online property auction has raised nearly $ 1.68 million for the Archdiocese of Santa Fe’s bankruptcy efforts, an auction company executive said this week. ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 30, 2021
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    Golden Week travel to China not expected to return to pre-COVID levels this year

    BEIJING, Sept.30 (Reuters) – China’s Golden Week holiday this year is unlikely to see domestic travel rebound to pre-COVID levels, according to industry estimates, affected by ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 30, 2021
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    Finanznachrichten | Börsennews | finanzen.at

    Für die aufgeführten Inhalte kann keine Gewährleistung für die Vollständigkeit, Richtigkeit und Genauigkeit übernommen werden. Kursinformationen von SIX Financial Information Deutschland GmbH. Verzögerung 15 Min. (Nasdaq, ...
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  • REITS
    By Cheryl A. Kitts
    September 29, 2021
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    Those who invested in Link Real Estate Investment Trust (HKG: 823) five years ago are up 39%

    Link Real Estate Investment Trust (HKG: 823) Shareholders could be worried after seeing the stock price drop 13% in the last quarter. But at least the ...
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  • US Property
    By Cheryl A. Kitts
    September 29, 2021
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    FEMA ranks Charlotte among America’s best cities for flood risk management

    Protecting property with flood insurance is set to become much more affordable for residents of the City of Charlotte thanks to the efforts and leadership of ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 29, 2021
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    dxFeed will act as Index Calculation Agent for BRIXXTM Commercial Real Estate Indices

    New York, NY, September 29, 2021 – dxFeed, a leading provider of market data solutions for the global financial industry, announced that it is serving as ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 29, 2021
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    Multiplan Empreendimentos Imobilirios SA: launches the first advertising campaign for the Multi superapp

    This month, Multiplan launched its first ad campaign to promote the Multi superapplication. The campaign pieces present the app created in 2019 as “a complete shopping ...
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  • REITS
    By Cheryl A. Kitts
    September 29, 2021
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    CareTrust REIT, Inc. (NASDAQ: CTRE) achieved better ROE than its industry

    Many investors are still educating themselves about the various metrics that can be useful when analyzing a stock. This article is for those who want to ...
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  • US Property
    By Cheryl A. Kitts
    September 29, 2021
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    A family says their neighbor is playing tapes of racist slurs and monkey noises. Police say it is “not subject to criminal prosecution”

    “The minute we found this house, I loved it,” Jannis Martinez told CNN. “It was all I envisioned for my family and to raise my children ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 29, 2021
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    Plaza Coral Gables secures major trade deals

    Written by Abraham Galvan on September 28, 2021 Advertising With the goal of completion in August 2022, The Plaza Coral Gables is entering into major commercial ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 29, 2021
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    NHN launches AI fashion service for small shopping centers

    [Courtesy of NHN] SEOUL – NHN, an information technology company in South Korea, has launched an artificial intelligence service specializing in fashion. With the service of ...
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  • REITS
    By Cheryl A. Kitts
    September 28, 2021
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    Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) Notification of distribution sources under section 19 (a)

    NEW YORK, September 28, 2021 / PRNewswire / – This press release provides shareholders of Cohen & Steers REIT and Preferred and Income Fund, Inc. (NYSE: ...
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  • US Property
    By Cheryl A. Kitts
    September 28, 2021
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    Communities open to host housing workshops

    Open Communities, the leader in fair housing advocacy for Chicago’s northern and northwestern suburbs, is hosting a series of free workshops and events throughout October for ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 28, 2021
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    Top 10 Loans in the Outer Borough of New York in August 2021

    Rendering of 227 West Street; Brian Kingston from Brookfield (OMA, Brookfield) Brooklyn saw large real estate finance deals increase 20% from July to August to a ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 28, 2021
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    Key workers to be vaccinated in some South Eastern European states

    As in Greece, vaccination has been compulsory in the health sector in Hungary since September 15. A healthcare worker appealed to the Hungarian Constitutional Court on ...
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  • US Property
    By Cheryl A. Kitts
    September 28, 2021
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    She bought the house of her dreams. Then ‘Sovereign Moors’ changed the locks.

    Letters of official appearance began to arrive shortly after Shanetta Little bought the pretty Tudor house on Ivy Street in Newark. Bearing a gold seal, in ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 28, 2021
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    Power cuts in China could foreshadow shortages of global goods – CBS17.com

    BEIJING (AP) – Buyers around the world face a possible shortage of smartphones and other goods before Christmas after blackouts to meet official energy consumption targets ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    September 27, 2021
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    Empire State Realty Trust Signs New Lease with American Eagle Outfitters at Leading Retail Location in Connecticut

    The stores at 69-97 Main Street are in the center of from Westport first shopping district. Double store entrances provide direct access to premises from Main ...
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  • REITS
    By Cheryl A. Kitts
    September 27, 2021
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    Summit Industrial Income REIT Announces Market Leading $ 75 Million Green Unsecured Development Credit Facility

    TORONTO, September 27, 2021 / CNW / – Summit Industrial Income REIT (“Summit” or the “REIT”) (TSX: SMU.UN) announced today that it has entered into a ...
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  • US Property
    By Cheryl A. Kitts
    September 27, 2021
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    PBOC vows to protect consumers as China Evergrande falters

    The company logo can be seen at the headquarters of the China Evergrande Group in Shenzhen, Guangdong Province, China on September 26, 2021. REUTERS / Aly ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 27, 2021
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    Cushman & Wakefield represents Sterling Bay and JP Morgan Asset Management in the sale of a Class A office building in Chicago

    CHICAGO–(COMMERCIAL THREAD) – Cushman & Wakefield (NYSE: CWK) announced that the commercial real estate services firm has represented Sterling Bay, the Chicago-based real estate investment and ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 27, 2021
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    Franchisee Uncle Sharkii bites into new territory

    The grand opening of the new store will be located at the Solano Town Center in California Fairfield, California (RestaurantNews.com) The sky is the limit for ...
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  • REITS
    By Cheryl A. Kitts
    September 27, 2021
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    Proxy Consulting Firms Back Blackstone Deal for WPT Industrial

    Blackstone’s offer to buy WPT Industrial REIT Toronto firm in the boiling industrial REIT sector took an important step forward last week when WPT announced that ...
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  • US Property
    By Cheryl A. Kitts
    September 27, 2021
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    Yen sinks, Aussie climbs as Evergrande contagion fears fade

    Hand holding a magnifying glass and looking in the yen banknotes. Zhang Peng | LightRocket | Getty Images The safe-haven yen hit a nearly three-month low ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 26, 2021
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    Don O’Rourke lists Brisbane shopping center as $ 150 million in assets change hands

    Veteran Queensland developer Don O’Rourke has put up for sale a new neighborhood mall in Brisbane amid strong demand from private and institutional investors for convenience ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 26, 2021
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    The Latest: CDC Chief Acknowledges Confusion Over Boosters | Government-and-politics

    HELSINKI – Norwegian police have reported dozens of unrest and violent clashes, including mass brawls in major cities across the Nordic country, after streets, bars, restaurants ...
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  • US Property
    By Cheryl A. Kitts
    September 26, 2021
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    Beach church property sells for high prices

    A developer paid $ 6.5 million for the former Romar Beach Baptist Church at 23370 Perdido Beach Blvd., in Orange Beach, according to court records. The ...
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  • REITS
    By Cheryl A. Kitts
    September 26, 2021
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    Want more diversity in your portfolio? Do these 3 moves now | Personal finance

    If your goal is to further diversify your portfolio, then in ETFs it is worth focusing on those who follow the S&P 500 Index. This index ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 26, 2021
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    Commercial property owners ask for tax relief after pandemic challenges

    The documents show that the operator of the Hilton, a 600-room convention hotel developed by Cuyahoga County, is asking to reduce the value of the property ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 26, 2021
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    Marriott and Macerich Mall Operator Promote Shopping Trips

    Sleep at night, shop all day. AFP PHOTO / – / China OUT (Photo credit should read – / AFP … [+] via Getty Images) AFP ...
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  • REITS
    By Cheryl A. Kitts
    September 26, 2021
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    What types of shareholders own Champion Real Estate Investment Trust (HKG: 2778)?

    If you want to know who really controls Champion Real Estate Investment Trust (HKG: 2778), then you will need to look at the makeup of their ...
    Read More
  • US Property
    By Cheryl A. Kitts
    September 25, 2021
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    New Jersey’s ‘tent city’ where Afghan refugees wait to start new lives

    They call it Liberty Village, a tent city that has grown almost overnight to have a population greater than half of the cities in New Jersey. ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    September 25, 2021
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    Apartment complexes in Normal Heights and Sherman Heights sell for over $ 2 million

    2262, rue Market Photo credit: courtesy of Marcus and Millichap Two apartment buildings, one in Normal Heights and the other in Sherman Heights, have been sold, ...
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  • REITS
    By Cheryl A. Kitts
    September 25, 2021
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    Rayonier REIT Inc. – Consensus indicates downside potential of -3.9%

    Rayonier REIT inc. found using the ticker (RYN) now have 4 analysts covering the headline with the consensus suggesting a rating of “Hold”. The range between ...
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  • US Property
    By Cheryl A. Kitts
    September 25, 2021
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    The situation in Del Rio was worse than you can imagine

    I spent last Saturday in Del Rio with local and state leaders and law enforcement. What I heard and what I saw was absolutely devastating. The ...
    Read More
  • Shopping Malls
    By Cheryl A. Kitts
    September 24, 2021
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    Cherokee Street statue is missing, and its sculptor agrees with it

    According to Bill Christman’s recollections, the Cherokee Street shopping district in southern St. Louis was starting to fade in 1984. “Back then, before the malls took ...
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  • REITS
    By Cheryl A. Kitts
    September 24, 2021
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    Artis REIT sells four shopping malls in Regina

    The $ 41.3 million deal adds up to 1.4 million square feet of space and 11.1 acres of land sold to four separate buyers Artis Real ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 24, 2021
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    KEI Properties buys Hialeah Office-Retail for $ 8 million

    3750 West 16th Avenue in Hialeah (courtesy RG Property Group) KEI Properties has taken over the Hialeah Medical Plaza for $ 7.7 million. The North Miami-based ...
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  • US Property
    By Cheryl A. Kitts
    September 24, 2021
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    ‘Quad’ meets at White House as China watches warily

    A general view of the White House in Washington, United States, July 15, 2021. REUTERS / Jonathan Ernst / File Photo WASHINGTON, Sept.24 (Reuters) – Leaders ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 24, 2021
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    Sale of Banker Row office building approaches $ 38 million

    Two real estate investors in a joint venture bought a renovated Palm Beach office building at 440 Royal Palm Way, their second purchase this year on ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 24, 2021
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    Toronto to host COVID-19 vaccination clinics in select malls on September 25-26

    The city of Toronto is hosting a number of mobile COVID-19 vaccination clinics in city malls this weekend. The campaign, titled #ShopAndVax, is part of the ...
    Read More
  • REITS
    By Cheryl A. Kitts
    September 24, 2021
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    Heiwa Real Estate REIT: Notice Regarding the Relocation of the Headquarters of the Investment and Asset Management Company

    September 24, 2021 For immediate release REIT Issuer HEIWA REAL ESTATE REIT, Inc. 9-1 Nihonbashi Kabuto-cho, Chuo-ku, Tokyo Aya Motomura, Executive Director (Securities code: 8966) Asset ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 23, 2021
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    72SOLD and Hague Partners acquire The Midland Team in Tempe

    The subsidiary of 72SOLD Hague Partners announced the acquisition of The Midland team, one of the most successful residential and commercial real estate groups Midland Real ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 23, 2021
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    Friday: Cherokee Street statue is gone, and its sculptor agrees with it

    This interview will be on “St. Louis on the Air” during the noon hour on Friday. This story will be updated after the show. You can ...
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  • REITS
    By Cheryl A. Kitts
    September 23, 2021
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    Is American Tower Corp (AMT) a winner in REIT

    American Tower Corp (AMT) is near the top of its industrial group according to Investors Observer. AMT gets an overall rating of 65. This means that ...
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  • US Property
    By Cheryl A. Kitts
    September 23, 2021
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    What type of shareholders make up the share register of Nam Tai Property Inc. (NYSE: NTP)?

    A look at the shareholders of Nam Tai Property Inc. (NYSE: NTP) can tell us which group is more powerful. Institutions often own shares in larger ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 23, 2021
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    What happened to Brookwood Village? : The cluttered history and uncertain future of a beloved Birmingham shopping center

    Diana Hansen opened her first boutique, White Flowers, in Brookwood Village in 1986. She grew up in Homewood and said she started White Flowers in the ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    September 22, 2021
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    Commercial Real Estate and Aerial Photography by Duncan Avenue Studios – Hudson Valley, Catskills and Westchester, NY

    Walgreens Pharmacy, Highland, NY – Commercial Real Estate and Aerial Photography by Duncan Avenue Studios – Hudson Valley, Catskills and Westchester, NY Real estate transactions are ...
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  • US Property
    By Cheryl A. Kitts
    September 22, 2021
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    Evergrande gave workers a choice: lend us money or lose your bonus

    When struggling Chinese real estate giant Evergrande ran out of cash earlier this year, it turned to its own employees with a strong case: Those who ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    September 22, 2021
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    National Commercial Real Estate Company Stream Realty Partners Opens Phoenix, Arizona Office | New

    PHOENIX, September 22, 2021 / PRNewswire / – Stream Realty Partners (Stream), a national real estate services, development and investment firm, today announced the opening of ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 22, 2021
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    Cargamos Last Mile Logistics Platform Raises $ 11 Million to Expand Same Day Delivery – TechCrunch

    Mexico City-based last mile logistics platform Cargamos wants same-day delivery to Latin America. The company announced a $ 7 million increase in follow-up funding, bringing its ...
    Read More
  • REITS
    By Cheryl A. Kitts
    September 22, 2021
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    What types of shareholders own Allied Properties Real Estate Investment Trust (TSE: AP.UN)?

    Every investor in Allied Properties Real Estate Investment Trust (TSE: AP.UN) should know about the most powerful shareholder groups. Institutions often own shares in more established ...
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  • US Property
    By Cheryl A. Kitts
    September 22, 2021
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    Global stocks mixed as investors eye concerns over Chinese real estate

    Read More
  • Shopping Malls
    By Cheryl A. Kitts
    September 21, 2021
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    Toronto offers COVID-19 vaccines in select malls this weekend

    Those who want to get their COVID-19 vaccine this weekend will be able to do so at one of Toronto’s many malls as part of a ...
    Read More
  • REITS
    By Cheryl A. Kitts
    September 21, 2021
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    Here’s why Canadian REITs are rallying despite Liberal promise to master the industry

    Canadian real estate investment trusts (REITs) are trading broadly higher on Tuesday, with investors largely ignoring concerns that the newly elected Liberal minority government will soon ...
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  • US Property
    By Cheryl A. Kitts
    September 21, 2021
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    Pre-market equities: markets climb a wall of worry from Evergrande to Delta and inflation

    But to keep moving forward, stocks will need to overcome a long list of smoldering anxieties that threaten to curtail the spectacular run of the year. ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    September 21, 2021
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    Coldwell Banker Realty returns to commercial real estate in Hawaii

    Mahalo for his support of the Honolulu Star-Advertiser. Enjoy this free story! One of Hawaii’s largest residential real estate companies is returning to the commercial real ...
    Read More
  • REITS
    By Cheryl A. Kitts
    September 21, 2021
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    Concern over the benchmark price of IGB commercial REIT

    PETALING JAYA: Some industry observers have expressed concern about the benchmark price of the IGB Commercial Real Estate Investment Trust REIT or IGBCR, which they believe ...
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  • US Property
    By Cheryl A. Kitts
    September 20, 2021
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    True or false: setting the record straight on SBA loans and FEMA assistance

    The U.S. Small Business Administration (SBA) loan application offers many benefits to Hurricane Ida survivors who seek FEMA disaster assistance. True or false: I can be ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    September 20, 2021
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    Thor Equities Hires Adam Popper as New Executive Vice President of Acquisitions – Business Observer

    There’s a new sheriff in town when it comes to Thor actions‘business portfolio. The owner appealed to the former Columbia Real Estate Trust executive Adam popper ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 20, 2021
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    Is China about to face its “Lehman Brothers moment”?

    One of China’s largest real estate developers is at risk of running into billions of dollars in debt, leading investors around the world to fear that ...
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  • REITS
    By Cheryl A. Kitts
    September 20, 2021
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    Real estate investment trusts: what are they and how to invest in them

    A REIT (pronounced REET), or real estate investment trust, is an entity that holds a portfolio of commercial real estate or real estate loans. Congress established ...
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  • US Property
    By Cheryl A. Kitts
    September 20, 2021
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    Home Flipping increased in second quarter, while profits fell in the United States

    E-mail Sign up for our free weekly newsletter According to the second quarter of ATTOM Data Solutions US Home Turnaround Report 2021, 79,733 single-family homes and ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    September 20, 2021
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    Burger King near downtown closes before redevelopment

    Loading… Thomas gounley September 20, 2021 0 The old Burger King at 1010 W. Colfax Ave. was closed last week. (Photo by Thomas Gounley) You’ll have ...
    Read More
  • Shopping Malls
    By Cheryl A. Kitts
    September 20, 2021
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    Coin Operated Entertainment News | Ferris wheel on the roof of the FEC shopping center

    A FEC on the roof of a shopping center in Colombia could be copied in other shopping centers in the country, explains its operator Jorge Montero. ...
    Read More
  • REITS
    By Cheryl A. Kitts
    September 20, 2021
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    Schroder Real Estate Investment Trust Ltée

    For release September 20, 2021 Schroder Real Estate Investment Trust Limited(“SREIT” / the “Company” / “Group”) UPDATE OF ASSET MANAGEMENT AND RENT COLLECTION Schroder Real Estate ...
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  • US Property
    By Cheryl A. Kitts
    September 20, 2021
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    North Bay Tribe Propose $ 600 Million Casino Project

    The Koi Nation, a federally recognized tribe based in Sonoma County, has announced plans to turn a 68-acre vineyard southeast of Windsor into a $ 600 ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 19, 2021
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    Tri-Cities commercial real estate activity reaches peak | Rogersville

    Tri-Cities commercial real estate had one of its best months in August. There were 64 commercial and sales leases, up 82.9% from last year. It should ...
    Read More
  • Shopping Malls
    By Cheryl A. Kitts
    September 19, 2021
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    NJ business leaders say this is how we get better workers

    What’s the best way for the New Jersey economy to be revitalized and recharged from the disruption caused by COVID? New report offers recommendations for rebuilding ...
    Read More
  • REITS
    By Cheryl A. Kitts
    September 19, 2021
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    3 stocks that make you a check every month

    Dividend stocks are a great way to start earning passive income. However, a minor downside to most dividend stocks is that they only cut checks quarterly. ...
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  • US Property
    By Cheryl A. Kitts
    September 19, 2021
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    Grassroots Partnership gets $ 1.1 million to build sidewalks in Evergreen

    On September 15, the Montana Department of Transportation awarded $ 1.1 million in funding for the Evergreen Sidewalk project after a year of efforts to improve ...
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  • US Property
    By Cheryl A. Kitts
    September 18, 2021
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    Sears closes its last department store in Illinois, the retailer’s home state

    The Sears department store at Woodfield Mall in Schaumburg, a Chicago suburb, will close on November 14. Transformco, which acquired Sears Holdings after the company filed ...
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  • Shopping Malls
    By Cheryl A. Kitts
    September 18, 2021
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    Singaporeans Still On The Go But More Cautious As Daily Covid-19 Cases Rise, Community News & Top Stories

    SINGAPORE – Although Singaporeans continue to go out, many are taking more precautions, such as avoiding crowded areas as daily Covid-19 cases increase. Mr Edward Pang, ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 18, 2021
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    Commercial Real Estate Expert Brosnan C. Hoban Shares Perspective on Post-Pandemic Industry – Sponsored Content

    The onset of the Covid-19 pandemic has taken a heavy toll on the global economy. Its impact was felt intensely in all sectors, and many had ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    September 18, 2021
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    Real Estate Newsletter: “Homeless Billionaire” Wins Historic Estate

    Welcome back to the real estate newsletter. There’s a strange new trend lately: More and more iconic Southern California estates are being auctioned off. It’s a ...
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  • REITS
    By Cheryl A. Kitts
    September 18, 2021
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    Is Apple Hospitality REIT, Inc. (NYSE: APLE) Popular Among Insiders?

    If you want to know who really controls Apple Hospitality REIT, Inc. (NYSE: APLE), then you will need to look at the makeup of its share ...
    Read More
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