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Commercial Real Estate News for Wednesday, July 19

In today’s commercial real estate news -we’ll look at the commercial market in Southwest Florida, how Fortis Management Group was forced into receivership, and more.

It’s not just the housing market in Southwest Florida that’s been running strong, commercial building is booming too.

Landlords Force Skilled Nursing Facility Operator Fortis Management Group into Receivership

Landlords have reached a consensual agreement to have a receiver appointed for Fortis Management Group…

If JLL’s projection becomes reality, the U.S. would lose about 18,000 of its roughly 90,000 bank branches.

Tertiary markets can be fragile. Investors who have local knowledge of the market may be best positioned to succeed.