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Press Releases

Berengaria Development Acquires 142,000 Square-Foot Power Center in Grove City, OH.

MILWAUKEE---- Berengaria Development, a portfolio company of Marcus Investments, today announced it has acquired Parkway Centre North, a key Power Center in the Parkway Centre retail development, located in Grove City, Ohio. Two anchor stores in the Parkway Centre North shopping center, recently acquired by Berengaria Development. Jay Peirick, President of...

Source: Business Wire

US lumber producers see huge opportunity, rush to expand

With demand for lumber on the rise and Canadian imports falling, U.S. producers are trying to expand their businesses.


San Francisco to consider tax on companies to help homeless

San Francisco voters will decide in November whether to tax large businesses to pay for homeless and housing services, an issue that set off a battle in another West Coast city struggling with income inequality.

Source: The Associated Press

Homebuilder sentiment, still high, stalls as tariffs, labor and land drive up costs

Homebuilders are facing rising costs for land, labor and materials, especially with new tariffs on Chinese steel and aluminum in addition to duties imposed on Canadian lumber last year.


Petco tries to 'Amazon-proof' its business with a new store

The launch of the new PetCoach store comes as the pet-goods industry overall has been under increasing pressure.


Affording 90210: What it costs to live in America’s most expensive ZIP codes

Ready to rub elbows with the upper crust in Greenwich or Beverly Hills? Here's what it takes to live in the country's priciest towns.


After Hurricane Maria, foreclosures in Puerto Rico stopped. They’re starting again

There's a new crisis sweeping across Puerto Rico in the wake of Hurricane Maria: A wave of foreclosures, The New York Times reports.

Source: The New York Times

RLH Corporation Closes Sale of Hotel RL Spokane at the Park for $35 Million

DENVER, July 17, 2018-- RLH Corporation announced today the sale of Hotel RL Spokane at the Park, for $35 million. “With the completion of the Spokane sale we have now completed nine of the 11 targeted real estate sales,” said RLH Corporation President and Chief Executive Officer Greg Mount.“ We continue to see strong real estate market conditions and are optimistic...

Source: Globe Newswire

RLJ Lodging Trust Sets Dates for Second Quarter 2018 Earnings Release and Conference Call

BETHESDA, Md.---- RLJ Lodging Trust today announced it will report financial results for the second quarter ended June 30, 2018, after the markets close on August 7, 2018. The Company will also host a conference call on August 8, 2018, at 9:00 a.m.. A replay of the call will be available from 12:00 p.m. on August 8, 2018, until midnight on August 22, 2018.

Source: Business Wire

Global Medical REIT Inc. Schedules 2018 Second Quarter Financial Results Conference Call

BETHESDA, Md.---- Global Medical REIT Inc., a Maryland corporation engaged primarily in the acquisition of licensed, state-of-the-art, purpose-built healthcare facilities and the leasing of these facilities to strong clinical operators with leading market share, announced today that it intends to release its financial results for its second quarter ended...

Source: Business Wire