(Bloomberg)—L Brands Inc. agreed to sell a controlling stake in its
Sycamore Partners agreed to buy a 55 percent stake in the chain in a deal that values it at $1.1 billion.
Hilton has agreed to operate three hotels that will be part of Genting Group’s Resorts World Las Vegas.
(Bloomberg)—The Las Vegas Hilton was a landmark of
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D Magazine looks at what commercial real estate investors want in today’s market. California lawmakers are looking at new legislation meant to reduce the number of empty homes in
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The time horizon might be as long as five to seven years, according to one industry source.
The U.S. off-price retail sector remains a bright spot in the turbulent retail environment plagued with bankruptcies and store closings.
Off-price
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Getty Images Debt funds, mortgage REITs and other finance companies finished 2019 with a boffo quarter and are off to a running start so far
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Marc Piasecki/Getty Images Simon, Brookfield and Authentic Brands plan to keep most of the chain’s U.S. stores open post-bankruptcy.
(Bloomberg)—Forever 21
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The number of bank branches in New York fell by 6.8 percent in the 12 months through June, according to JLL.
(Bloomberg)—Bank branches are shuttering at an ever-faster rate in the New York area while
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Apartment building developers who get tax breaks for affordable housing for the middle class may be required to rent to shelter residents.
(Bloomberg)—The search to find shelter for
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Getty Images The value of cell towers is expected to rise, reports the Wall Street Journal. Home furnishings retailer Pier 1 files for bankruptcy, according to CNN Business. These
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Getty Images After a new round on Treasury guidelines on Opportunity Zones, developers seem to be more confident in the program.
In April 2020, workers will start construction on Scottsdale Entrada in Scottsdale, Ariz. The massive
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