July 21, 2025 - 04:42
John Yemelos, a prominent real estate developer in New Orleans, has passed away at the age of 82. Known for his remarkable contributions to the region's architectural landscape, Yemelos played a pivotal role in shaping various communities. His legacy includes the iconic three Lakeway towers in Metairie, which offer stunning views of Lake Pontchartrain, as well as several hotels in Covington, Slidell, and Biloxi, Mississippi.
Beyond these notable projects, Yemelos was involved in the development of numerous subdivisions and commercial properties that have become integral parts of their respective areas. His passion for real estate was evident in every project he undertook, reflecting his belief in the excitement and potential of the industry. Colleagues and friends remember him as a dynamic figure who was always eager to explore new opportunities and push the boundaries of development. His contributions will be felt for generations to come, leaving an indelible mark on the landscape of New Orleans and its surroundings.
September 4, 2025 - 05:14
Blackstone Restructures Leadership in Asia Real Estate DivisionBlackstone Inc. is undergoing a significant restructuring of its senior management within its Asia real estate division following the announcement that its long-serving head of acquisitions will be...
September 3, 2025 - 21:36
Major Sale Completed for Georgetown Plaza in Annapolis, MDExplore the latest deal in commercial real estate with the sale of Georgetown Plaza in Annapolis, Maryland, which has been finalized for approximately $4.9 million. This significant transaction...
September 3, 2025 - 04:54
Unraveling the Challenges in Commercial Real EstateThe commercial real estate (CRE) sector is currently facing significant challenges, marked by rising loan delinquencies and increasing refinancing risks. As interest rates continue to climb, many...
September 2, 2025 - 21:27
Upcoming Climate Week NYC 2025: A Hub for Climate Action in Real EstateClimate Week NYC is set to make a significant impact this September 21–28, coinciding with the United Nations General Assembly. This annual event, organized by the nonprofit Climate Group,...