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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...