Bankrupt Steward Health Putting All Of Its Hospitals Up For Sale, Owes $6.6B In Rent
The Dallas-based hospital operator plans to sell all of its 31 hospitals across eight states this summer.
The Dallas-based hospital operator plans to sell all of its 31 hospitals across eight states this summer.
Commercial real estate appraisers find themselves in the center of the story of the office and its devaluation.
There are roughly 355,000 apartments under construction across the United States, roughly 26% of all housing units being built in the country.
With 10M SF of office leases terminated, the effort to slash the federal footprint is creating turmoil for CRE.
DOGE posted about the lease terminations on X but didn't say which buildings were included.
Around a quarter of the value-add fund's cash has already been deployed on assets, including in San Diego and South Florida.
The ABC warned that strong contractor demand and threats of further tariffs could cause prices to rise further this year.
2024 still saw an average tenant improvement allowance of $87.51 per SF and 8.9 months of free rent.
Investors burned by Schwartz include physicians, real estate investors, a candy manufacturer and a plumbing contractor.
The Denton City Council approved a $3.2M incentive package this week to entice Novartis to invest $280M in a 51K SF facility at 2101 Shady Oak Drive.
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