Company Buys Ultimate Soccer Arena in Pontiac for $23.3 Million Ultimate Soccer Arena United Wholesale Mortgage has acquired the Ultimate Soccer Arena complex in Pontiac, Michigan, where it plans to incorporate the building into the company's headquarters campus while continuing to operate a portion of the facility as a sports and entertainment complex. The mortgage company paid $23.3 million for the 378,399-square-foot, multi-purpose facility that sits just down the street f

Tennis Club Sells Los Angeles Facility A private investor purchased The Claremont Club at 1777 Monte Vista Ave. in Claremont, California, for $18.5 million from Claremont Tennis Club. The buyer spent an additional $1.1 million on related fixtures, furniture and equipment. The facility totals 82,946 square feet and features 27 tennis courts, a central grandstand, Olympic-size swimming pool with hot tubs and saunas, a fitness center, yoga and Pilates studios, cardio room, day s

After years of anticipation and disappointments, airport privatization in the U.S. (commonly referred to as “public-private partnerships” or “P3s”) seems finally ready to take off. A number of P3 transactions are currently in the works with the promise of more to come. This has investors, operators, and U.S. public sector airport owners sitting up and taking notice. The history of airport P3 transactions in the U.S. has been disappointing. Over the past 20 years of the Federa