The team wants to build a two-story addition to Wrigley Field at the southeast corner of the historic stadium. The Cubs want to open the sportsbook by the end of 2022 and believe it will take a year to construct. The plan requires approval from both the landmarks panel and the City Council, which would […]
The REIT owns the on-average 13-acre parcels under Sears stores. The move comes amid a tempered appetite for mall real estate. The largest mall owners, which include Simon Property Group and Brookfield Asset Management, are also slimming down portfolios. Seritage lost $92 million in the 12 months ending in March and saw shares drop over […]
This isn’t the first CEO package shareholders have shot down. Funds will go toward refinancing a $1.4 billion construction loan, returning $1 billion in equity to the sponsor and boosting reserves for outstanding construction costs by $70.9 million, according to Fitch Ratings. Any cookies that may not be particularly necessary for the website to function […]