Global real estate firms Jones Lang LaSalle and Cushman & Wakefield have both announced job cuts. For Jones Lang LaSalle, a publicly traded company on the NYSE, the move is a cost-containment measure. For Cushman & Wakefield, a privately...
Since the economy has slowed, landlords and tenants should review the remedy provisions for defaults under their leases. Like so many legal documents, the details become important. This article outlines some of the important issues to which both...
Stamford, Conn.-based General Electric Capital Corp., a diversified financial services company and subsidiary of the General Electric Co., has acquired Chicago-based Heller Financial Inc. for $5.3 billion in cash or $53.75 per share. All required...
Seattle – Locally based Nordstrom Inc. recently announced that it laid off 900 more employees than was originally reported earlier in the month...
Sylvan M. Cohen, chairman of Pennsylvania Real Estate Investment Trust (PREIT), died on Sept. 8 at his home in Center City Philadelphia at the age of 87...