Like Blackstone, Starwood is also limiting investor redemptions in one of its funds, Barron’s reported. Conferences are upping the bells and whistles to draw attendance in a work-from-home era, according to Vox. These are among today’s must reads...
Malls are changing more than ever, according to a reit.com’s interview with CBL CEO Stephen Leibovitz. Americans for Tax Reform argues why the carried interest loophole is a fallacy. These are among today’s must reads from around the commercial...
Blackstone Real Estate Income Trust Inc. has been facing withdrawal requests exceeding its quarterly limit, a major test for the one of the private equity firm’s most ambitious efforts to reach individual investors.
The 16-acre (6.5-hectare) parcel, once home to the Miami Herald newspaper, is one of the largest undeveloped pieces of land along the city’s waterfront. The property sits on Biscayne Bay, across from Miami Beach and near art and concert venues.
The Wall Street Journal looks at the history of pyramid in Memphis, Tenn., that now houses a massive Bass Pro Shop. The U.S. has seen $71.9 billion in industrial property sales so far in 2022, according to CommercialEdge. These are among today’s...
Meta will return its space at 30 and 55 Hudson Yards to landlord Related Cos., according to people with knowledge of the plans, who asked not to be named because the matter is private.
Companies including Vonovia SE, Land Securities Group Plc and Unibail-Rodamco-Westfield have announced plans to sell large chunks of their portfolios to shore up balance sheets, but rampant inflation and rapidly rising interest rates are deterring...
Zhang Xin’s and Pan Shiyi’s five-part strategy—build a successful business in China, list it on a global exchange, pay out billions of dollars in dividends, set up a family office abroad and buy up foreign real estate—means their fortune is...
Retailers discounted generously on Black Friday and Cyber Monday this year in an effort to clear excess inventory and lure consumers who are increasingly strained by inflation. Those efforts drove foot traffic up.
More concern is being voiced by the commercial real estate industry over new challenges facing the office sector. Brookfield might be on the verge of becoming an even more influential dealmaker, according to Propmodo. These are among today’s must...
