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April 12, 2023

Chicago Cubs Trial Over Alleged ADA Violations Opens

Owners of Chicago’s 109-year-old Wrigley Field are on trial this week, facing allegations a $575M stadium renovation project that concluded in 2019 wiped out much of its wheelchair-accessible seating in violation of the Americans With Disabilities Act.

Chicago Cubs Trial Over Alleged ADA Violations Opens

In a bench trial that began Monday and is expected to continue through the week, attorney David Cerda said what accessible seating remains “is located in low visibility areas with poor angles,” Courthouse News Service reported.The Cubs, owned by the Ricketts family, say the renovations altered where wheelchair-accessible seats…

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Ultra Low Interest Rates Will Be Back — But That's Not Entirely A Good Thing For Real Estate

Ultra Low Interest Rates Will Be Back — But That's Not Entirely A Good Thing For Real Estate  

Inflation was a blip, and long-term ultra-low interest rates will return — but only because world economic growth will be anemic. That is the not entirely upbeat conclusion of the latest >

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Office Properties Income Trust To Merge With Healthcare REIT To Reduce Exposure To Offices

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A publicly traded office owner is trying to boost its standing with investors by merging with a healthcare and senior housing operator and diminishing its exposure to the troubled office market.Office REIT Office Properties Income Trust has agreed to acquire Diversified Healthcare Trust in an all-stock merger transaction…

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