Sears Holdings sign
Eddie Lampert’s ESL Investments submitted a revised bid for Sears totaling more than $5 billion.

(Bloomberg)—Sears Chairman Eddie Lampert submitted a revised takeover bid in excess of $5 billion for the company,

Analysis from RentCafe showed that Thanksgiving and winter holiday spending combined adds up to an average of $1,100 per household.

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Last year ended on a sour note; what will 2019 hold in store for commercial real estate?

Through the third quarter of 2018, U.S. investment markets were exhibiting a relative calm. Jobs

Diplomat Beach ResortDiplomat Beach Resort
Thayer Lodging Group, a Brookfield subsidiary, is welling the Diplomat Beach Resort in Hollywood, Fla.

(Bloomberg)—A South Florida resort owned by a subsidiary of

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The Wall Street Journal reports on a case of EB-5 fraud surrounding a mixed-use development in Houston, Texas. WeWork has re-branded as The We Company and expects a $2 billion new investment from SoftBank, reports CNBC.

Red Capital 2019 outlook
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2019 appears likely to be a transitional year that will serve as a bridge from the robust conditions observed this year to sluggish “new normal” growth in 2020.

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NIC 2019 Outlook
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The seniors housing sector will remain an intriguing and compelling—albeit potentially challenging—property type for capital providers and seekers in 2019.

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Apartment developers are paying more interest on their construction loans—but that isn’t keeping developers from planning and financing new projects.

Despite rising interest rates and the nagging anxiety that developers are already building too

sears
A judge granted ESL until 4 p.m. today to come up with a $120 million deposit and Sears will allow Lampert to take part in a bankruptcy auction scheduled for Monday.

Sears may not be dead just

850 Third Ave
China-based HNA Group sold 850 Third Ave. in a $422 million deal.

(Bloomberg)—HNA Group Co. sold a building in Manhattan to help ease the embattled conglomerate’s debts and stave

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