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A bad August just got worse for prison REITs The Geo Group and Corrections Corporation of America. This afternoon Homeland Security Secretary Jeh C. Johnson announced it would be reviewing its use of detaining immigrants in private detention facilities. The news follows the U.S. Department of Justice announcement this month that it would be phasing...
Hertz Investment Group has acquired four office towers in Indianapolis, Milwaukee and Cleveland totaling more than 3 million square feet from Equity Commonwealth (NYSE: EQC) for $416.9 million. The...
The U.S. Department of Education late last week barred ITT Educational Services Inc., (NYSE:ESI) a publicly held Indiana-based firm that operates 138 school campuses in 39 states, from accepting any new...
Capella Education Co., which currently occupies 371,225 square feet at Capella Tower in Minneapolis, MN through October 2018, has re-worked its existing lease . The renewal deal will see the tenant...
It's time to update those contact managers with CoStar's People of Note , reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Chicago, Dallas...
A case scheduled to come before the California Supreme Court Sept. 7 is set to re-examine the fiduciary responsibilities borne by real estate brokers who engage in "dual agency" representation -- the situation...

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