The decrease in October moving intentions was the sixth straight and coincides with a rapid run-up in mortgage rates, according to the Federal Reserve Bank of New York survey data.

The Shanghai-based group has been informally fielding interest from potential buyers of Club Med. It could seek to value the business at around $1.5 billion in any transaction, according to the people.

Miami voters last week nixed a trio of proposed projects by Starwood, Related Cos. and Don Peebles, reports The Wall Street Journal. WeWork is launching a new offering aimed at finance and law firms, according to Bisnow. These are among today’s...

The changes took place just before Xi was set to meet US President Joe Biden Monday on the sidelines of a Group of 20 summit.