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Monthly Archives: April 2022

Home›2022›April
  • REITS
    By Cheryl A. Kitts
    April 30, 2022
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    Link Real Estate Investment Trust (OTCMKTS: LKREF) Short interest up 61.8% in April

    Link Real Estate Investment Trust (OTCMKTS:LKREF – Get a rating) saw a sharp increase in short-term interest in April. As of April 15, there was short ...
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  • US Property
    By Cheryl A. Kitts
    April 29, 2022
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    Uzbeks say planes stolen from Afghanistan are US property

    TASHKENT, Uzbekistan — Defying Taliban demands, Uzbek authorities say dozens of planes that flew into their territory during the fall of the former Afghan government last ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 29, 2022
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    The Cité restaurant atop the Lake Point tower is bankrupt and for sale – again

    “We may be closing today and paying off the bank,” she said on April 26. “Space is not for sale. It was never for sale. All ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 29, 2022
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    Metairie, Louisiana 2020

    Metairie is a census-designated place in the state of Louisiana, United States. It is a residential suburb and commercial center of the region which has yet ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 28, 2022
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    JLL invests in NZ’s Re-Leased cloud-based commercial proprietary software

    The venture capital arm of global property management and investment firm JLL has invested in New Zealand’s cloud-based commercial property software Re-Leased. File picture. Photo: 123RF ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 27, 2022
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    St. Louis County Council Approves $6 Million in ARPA Funds to Demolish Mall | State

    (The Center Square) — St. Louis County Council on Tuesday approved $6 million in federal COVID-19 funds to demolish an abandoned mall. The council voted 6-0 ...
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  • REITS
    By Cheryl A. Kitts
    April 27, 2022
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    Form 8.3 – Hibernia REIT plc

    UK DISCLOSURE, April 27, 2022 (GLOBE NEWSWIRE) — 19 a.m. FORM 8.3 IRISH TO RESUME SIGN DISCLOSURE BELOW RULER 8.3 OF THE IRISH TO RESUME SIGN ...
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  • US Property
    By Cheryl A. Kitts
    April 26, 2022
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    CBP seizes counterfeit Stanley Cup championship rings

    CHAMPLAIN, NY – U.S. Customs and Border Protection (CBP) officers at the Champlain Port of Entry Cargo Facility seized National Hockey League (NHL) Stanley Cup championship ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 26, 2022
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    WRAL TechWire LinkedIn Live: Economy Embarks on ‘Greater Work Experience’

    Editor’s Note: The “Future of Work” is a WRAL TechWire series, supported by commercial real estate company JLL and other partners. Each week, WRAL TechWire will ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 26, 2022
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    SafeEntry barriers removed at malls as shoppers applaud convenience of relaxed COVID-19 rules

    At the nearby Ang Mo Kio hub, which is also a transport node, CNA saw the SafeEntry gates being dismantled and removed. Check-in stations and small ...
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  • REITS
    By Cheryl A. Kitts
    April 25, 2022
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    Cannabis REIT is a ‘marijuana bank’ in disguise, according to a costume

    By Charlie Innis (April 25, 2022, 5:59 p.m. EDT) — An investor sued Innovative Industrial Properties Inc. in New Jersey federal court on Monday for alleged ...
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  • Several Banks Charge More for Small Loans Than Payday Lenders
    Bankroll
    By Cheryl A. Kitts
    April 25, 2022
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    Several Banks Charge More for Small Loans Than Payday Lenders

    Although a number of jurisdictions have regulations limiting the fees involved with payday online loan for georgia resident, some payday lenders have joined with a variety ...
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  • US Property
    By Cheryl A. Kitts
    April 25, 2022
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    Blinken and Austin travel to Kyiv to meet Zelensky

    Blinken and Defense Secretary Lloyd Austin visited the Ukrainian capital, where they met with Ukrainian President Volodymyr Zelensky and other Ukrainian officials, making them the most ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 24, 2022
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    A Booming Commercial Real Estate Market in the Quad Cities

    DAVENPORT, Iowa (KWQC) -Despite ongoing supply chain issues and labor shortages, developers in our region argue that new industrial spaces cannot be built fast enough to ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 24, 2022
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    Mall stores partially resume online services in Shanghai

    Some shopping malls in Shanghai have resumed online services as the city continues to enforce lockdown measures to curb the spread of COVID-19. The city of ...
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  • REITS
    By Cheryl A. Kitts
    April 24, 2022
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    City Office REIT, Inc. (NYSE:CIO) Received Consensus Recommendation to “Hold” by Brokerages

    City Office REIT, Inc. (NYSE: CIO – Get a rating) received an average recommendation of “Hold” by the seven brokerages that currently cover the stock, Market ...
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  • US Property
    By Cheryl A. Kitts
    April 23, 2022
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    First-time home buyers are being squeezed out by investors and businesses

    CHARLOTTE, NC — In her first encounters with clients, many of whom are hoping to buy a first home, Sarah Ortiz Hilton reviews a list of ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 22, 2022
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    Commercial Real Estate Software Market Size, Scope and Forecast

    New Jersey, United States – the Commercial Real Estate Software Market is the ultimate tool to help industries, businesses and organizations make informed decisions for their ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 22, 2022
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    Gwinnett Place team releases two mall redevelopment proposals

    Cycle and pedestrian lanes would be added to Ring Road, which surrounds the mall. It would connect to nearby parks and the Gwinnett County Transit Center ...
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  • US Property
    By Cheryl A. Kitts
    April 21, 2022
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    A candidate from Indiana exchanged a house of $ 1 million against an apartment in a garage | Tennessee News

    By CASEY SMITH and TOM DAVIES, Associated Press/Report for America UTICA, Ind. (AP) – An Indiana congressional candidate changed his voter registration last year to an ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 21, 2022
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    Is commercial real estate a millionaire investment strategy?

    Historically, commercial real estate investing has been more of an investment strategy for millionaires than an investment strategy for millionaire makers. Business owners and other wealthy ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 21, 2022
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    This is why several shopping centers have received bomb threats in Hungary!

    Almost all shopping centers in Budapest and some in other parts of Hungary received bomb threats by email on Tuesday, and police had to evacuate the ...
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  • REITS
    By Cheryl A. Kitts
    April 20, 2022
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    Without a power plant, renewable energy REIT turns to leasing to grow

    Citicore Energy REIT Corp. is preparing to move to “more secure” land rental income after more than doubling profits from energy sales last year. The country’s ...
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  • US Property
    By Cheryl A. Kitts
    April 19, 2022
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    Marshall Fire Debris Removal Program underway in Superior and Louisville

    Marshall Fire Debris Removal Program underway in Superior and Louisville Boulder County, Colo. – Starting this week, crews and trucks have arrived in Superior and Louisville ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 19, 2022
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    MetroNational resumes construction of Memorial City office building

    Houston-based MetroNational last week resumed construction of a nine-story office building at its Memorial City mixed-use development in west Houston after a pandemic-related pause of more ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 18, 2022
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    Famous Jewelry Designer and Luxury Bedding Company Hit Bal Harbor Stores – Trade Observer

    Bal Harbor Shopsone of the country’s swankiest malls, is set to house a luxury jewelry designer and an Italian bedding brand, according to public filings. Fret, ...
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  • REITS
    By Cheryl A. Kitts
    April 18, 2022
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    Spirit Realty Capital Stock: A Recession-Resistant REIT (NYSE: SRC)

    Abu Hanifah/iStock via Getty Images Despite an unprecedented global pandemic impacting the U.S. real estate market in 2020, Spirit Realty Capital (NYSE: CBC) plans to increase ...
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  • US Property
    By Cheryl A. Kitts
    April 17, 2022
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    Trump as a Modern Day Party Leader: Hoarding Money and Handing Out Favors

    The relentless stream of party fundraising messages that use Mr. Trump’s name — and sometimes make it look like the money is his — is proof ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 16, 2022
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    How a lone tenant holds up a $70 million condo deal

    The condo market is booming, a potential boon for holdouts like Mr. Ozsu. Manhattan saw the most apartment sales of any first quarter in 33 years, ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 16, 2022
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    A New Jersey-based store will be the focus of its own horror movie

    Everyone’s favorite last-minute Halloween store is getting its own horror movie. The New Jersey-based company has been known to randomly show up in the abandoned K-Mart ...
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  • REITS
    By Cheryl A. Kitts
    April 15, 2022
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    Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) Short yield up 224.4% in March

    Invesco KBW Premium Yield Equity REIT ETF (NASDAQ: KBWY – Get a rating) was the target of a significant increase in short interest during the month ...
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  • US Property
    By Cheryl A. Kitts
    April 15, 2022
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    Arizona man froze nearly 200 animals in garage freezer | Arizona

    An Arizona man is facing animal cruelty charges after 183 dead dogs, rabbits, birds and other animals were found in a freezer, some of them apparently ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 14, 2022
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    Chicago’s downtown office vacancy rate hits new high

    In another case last month, the New York owner of the 1.3 million square foot office building at 135 S. LaSalle St. revealed he was negotiating ...
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  • REITS
    By Cheryl A. Kitts
    April 13, 2022
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    ZRE vs. XRE: Which REIT ETF is the Best Buy for Canadian Investors?

    Image source: Getty Images Welcome to a series where I break down and compare some of the most popular exchange-traded funds (ETFs) available to Canadian investors! ...
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  • US Property
    By Cheryl A. Kitts
    April 12, 2022
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    New York Lieutenant Governor Brian Benjamin Charged in Alleged Bribery Scheme

    Damian Williams, U.S. Attorney for the Southern District of New York, is scheduled to hold a press conference on the indictment at 12 p.m. ET. The ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 12, 2022
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    Hot Properties, April 12 > GSA Business

    The following commercial real estate transactions have recently been completed in Upstate. For weekly updates on business deals, check out the Hot Properties feature every Tuesday ...
    Read More
  • Shopping Malls
    By Cheryl A. Kitts
    April 11, 2022
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    Why Chick-fil-A Employees Say “My Pleasure”

    Have you ever wondered why the folks at Chick-fil-A say “please” instead of “nothing” or “no problem?” Two decades ago, Chick-fil-A borrowed a tactic from the ...
    Read More
  • REITS
    By Cheryl A. Kitts
    April 11, 2022
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    Plymouth Industrial REIT (NYSE: PLYM) downgraded by Zacks Investment Research to “Sell”

    Zacks Investment Research decline in shares of Plymouth Industrial REIT (NYSE: PLYM – Get a rating) from a hold rating to a sell rating in a ...
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  • US Property
    By Cheryl A. Kitts
    April 10, 2022
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    ‘Criminal and Evil’: White House Redoubles Efforts to Condemn Russian Attacks | Joe Biden

    The White House has doubled down on its condemnation of Russian targeting of Ukrainian civilians as war crimes, describing recent events, including Friday’s missile strike on ...
    Read More
  • Commercial Real Estate
    By Cheryl A. Kitts
    April 9, 2022
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    Bridge Industrial Names Jonathan Pozerycki as Chicago Area Partner

    Jonathan Pozerycki Bridge Industrial (“Bridge”), the privately held, vertically integrated real estate operating company and investment manager, today announced the appointment of Jonathan Pozerycki as a ...
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  • REITS
    By Cheryl A. Kitts
    April 9, 2022
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    Treasury Secretary Yellen Warns of a Recession: Our Top Picks

    Alex Wong/Getty ImagesNews On Wednesday, Treasury Secretary Janet Yellen testified before the House Financial Services Committee and warned that the world would suffer “enormous economic repercussions” ...
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  • US Property
    By Cheryl A. Kitts
    April 8, 2022
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    Gibson Dunn wins two awards at 2022 Benchmark Litigation US West Coast Awards

    April 8, 2022 Reference dispute named Gibson Dunn as “West Coast Entertainment Company of the Year” in its 2022 West Coast Awards. Additionally, Benchmark named Century ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 8, 2022
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    Newmark Expands Presence in Boston Commercial Real Estate Market

    Commercial real estate service provider Newmark Group, Inc. (NMRK) acquired tenant representation and real estate consulting from Boston McCall & Almy, which has expertise in multi-market ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 8, 2022
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    Village Food Courts and Zing have announced a partnership to establish virtual food courts in India

    Village Food Courts Pvt. Ltd and Zing Ventures Pte Limited have announced a joint venture worth US$4.00 million to establish Virtual Food Halls (VFHs) in India, ...
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  • REITS
    By Cheryl A. Kitts
    April 7, 2022
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    ADDITION OF MULTIMEDIA Inovalis REIT strengthens its presence in France with the acquisition of a ninth property in Île-de-France and reinstates the dividend reinvestment plan

    TORONTO–(BUSINESS WIRE)–Inovalis Real Estate Investment Trust (TSX: INO.UN) (“Inovalis REIT”) announced today he has finalized the acquisition of the “Gaïa” office building in Nanterre, in the ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 6, 2022
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    Standard Real Estate Investments makes its first investment in New York

    Standard Real Estate Investments, LP (Standard), a national minority-owned real estate private equity firm, today announced its first foray into the New York City real estate ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 6, 2022
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    The Lexus RZ 450e electric SUV has 1 major downside

    It is finally here ! The Lexus RZ 450e, the first electric SUV in the Lexus Electrified lineup, has arrived. The automaker offered two photos of ...
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  • REITS
    By Cheryl A. Kitts
    April 6, 2022
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    Boston Properties Stock: Overvalued World-Class REIT (NYSE: BXP)

    CHUNYIP WONG/E+ via Getty Images Boston Properties (NYSE: BXP) is the largest developer, owner and manager of publicly listed Class A office properties in the United ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 5, 2022
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    Samsung announces partnership with ABB, expanding SmartThings support for residential and commercial buildings – Samsung Global Newsroom

    Through a collaboration with ABB, Samsung is strengthening its Home IoT solution in the residential and commercial construction market, combining smart home solutions with SmartThings for ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 4, 2022
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    With crime a top concern in Illinois, Democrats are under pressure for legislative action

    CHICAGO — House Minority Leader Jim Durkin, who is aiming this fall to become the first Republican Speaker of the Illinois House in 25 years, thinks ...
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  • REITS
    By Cheryl A. Kitts
    April 4, 2022
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    BSR REIT TO ANNOUNCE ITS FIRST QUARTER 2022 FINANCIAL RESULTS ON MAY 10, 2022

    SMALL ROCK, AR and TORONTO, ON, April 4, 2022 /CNW/ – BSR real estate investment fund (the “REIT”) (TSX: HOM.U; HOM.UN) announced today that it will ...
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  • US Property
    By Cheryl A. Kitts
    April 3, 2022
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    Mixed results for pioneering drug decriminalization in Oregon | Oregon News

    By ANDREW SELSKY, Associated Press SALEM, Ore. (AP) — Oregon voters approved a 2020 ballot measure to decriminalize hard drugs after being told it was a ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 3, 2022
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    Commercial Mortgages: With Fed Rising Interest Rates, Commercial Real Estate Interest Rates Are Rising | Economic news

    Federal Reserve Chairman Jerome Powell was channeling the “this is just the beginning” refrain from the Chicago rock band’s hit “Beginnings” of the late 1960s and ...
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  • REITS
    By Cheryl A. Kitts
    April 2, 2022
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    3 of my biggest high yield positions

    The dividend yield on these stable stocks should help Seeking Alpha readers find some peaceful income. Pogonici/iStock via Getty Images Prepare for graphs, images and tables, ...
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  • US Property
    By Cheryl A. Kitts
    April 2, 2022
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    US investigators find evidence that Russian oligarchs are trying to evade sanctions – official

    NEW YORK, April 1 (Reuters) – U.S. prosecutors have found evidence that Russian oligarchs are trying to evade sanctions put in place to pressure Moscow into ...
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  • Commercial Real Estate
    By Cheryl A. Kitts
    April 1, 2022
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    Brookfield buys 51% stake in four assets of Bharti Enterprises

    Bengaluru: A real estate fund from the Canadian company Brookfield Asset Management will buy a 51% stake in the four commercial properties of Bharti Enterprises – ...
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  • Shopping Malls
    By Cheryl A. Kitts
    April 1, 2022
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    Join the Mad Hatter for the Easter Egg Hunt at Glasgow Mall

    You’d have to be mad as a hatter to miss the fabulous entertainment at the Braehead Center starting today (Friday). Children are encouraged to bring their ...
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  • REITS
    By Cheryl A. Kitts
    April 1, 2022
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    UPDC REAL ESTATE INVESTMENT TRUST: 2021 AUDITED FINANCIAL STATEMENTS

    UPDC REAL ESTATE INVESTMENT TRUST FINANCIAL STATE FOR THE YEAR ENDED DECEMBER 31, 2021 #Classified as confidential UPDC REAL ESTATE INVESTMENT TRUST FINANCIAL STATEMENTS FOR THE ...
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