Real Estate Blog

Sears, which has dozens of locations across the Carolinas, has filed for Chapter 11 bankruptcy protection with plans to keep hundreds of stores open — for now — under a deal reached with its lenders. Meanwhile, the retailer's chairman, Eddie Lampert, has stepped down from his post as CEO, effective immediately.

Illinois-based Sears Holdings Corp. (NASDAQ: SHLD) filed for bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York in White Plains early on Monday.

Sears has…

Woodfield Investments is proposing to tear down a small office building in Reston and replace it with a much larger, 308-unit apartment building in a move that adds to a flurry of new development in the area.

The developer, which has a principal office in Ashburn, plans to construct the 291,650-square-foot multifamily building across 6.5 acres north of Sunrise Valley Drive, east of Reston Parkway and south of the Dulles Toll Road.

It would replace a vacant 26,000-square-foot office building at…

There will be a bump wherever HQ2 lands. But how much?

Prospera specializes in developing and managing affordable housing complexes throughout South Texas.

A Dayton-area university will add a $13.3 million new residence hall for the next school year.

Cedarville University trustees have approved the construction of a 63,000-square-foot residence hall with approximately 300 beds to address the university's increasing need for student housing after welcoming two consecutive record freshman classes.

The three-story residence hall will provide private lounge areas on each wing for men and women, and a central common lounge on the first floor, according…

Housing advocates say a plan to exempt some luxury residential projects from a real estate surtax hike to create an affordable housing trust fund could shortchange the fund.

The City Council is set to vote Monday evening on a bill to create an affordable housing fund of up to $20 million annually in the coming years through the “yield” tax routinely charged on residential units valued at $1 million or more. But an amendment made during a Sept. 27 committee hearing would exempt some of the city's…

The expected addition has also prompted a name change for one of the largest commercial real estate brokerage firms in the City Beautiful.

After more than a year of proposals, denials and new submittals for the Saratoga retail project, construction could be just months away.

Sears, the 125-year-old retailer that shaped American buying habits during much of the 20th century, filed for bankruptcy protection on Monday just ahead of the Christmas shopping season.

Sears Holdings Corp., which owns Sears and Kmart, filed for Chapter 11 protection in U.S. Bankruptcy Court in White Plains, New York, on the same day it was due to make a $134 million debt payment.

The company said in an announcement it would close 142 “unprofitable” stores by the end of the year, with liquidation…

The executives have had decades-long careers at CBRE and Trammell Crow Co.