(Bloomberg)—Walgreens
Spencer Platt/Staff/Getty Images News The drugstore operator has held informal talks with private equity investors, including KKR, to discuss a potential buyout.
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A Middle Eastern buyer agreed to pay more than $2 million a key for the five-star Montage Beverly Hills
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Two of the world’s biggest real-estate owners accumulate millions of square feet in warehouse space, according to the Wall Street Journal. Technology is beginning to transform construction, reports Forbes. These are among today’s must
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Getty Images In spite of the fallout from trade wars, construction materials prices remained stable in 2019. That’s likely to change.
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Eugene Schuldinger The hotel operator lowered its full-year projections due to slowing demand.
(Bloomberg)—Marriott International Inc. reported third-quarter profit that missed estimates, and the company lowered full-year projections in
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The area on Fifth Avenue between 42nd and 49th streets saw a 25 percent decline in retail rents since 2018.
(Bloomberg)—A few blocks makes all the difference when it comes to rent on Manhattan’s Fifth
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Apple is the latest tech giant to commit billions toward affordable housing in the Bay Area, reports MarketWatch. The New York Times looks at how Airbnb is marketing itself. These are among today’s must reads from around the commercial real estate industry.
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The department store’s flagship New York location will remain open for at least another year.
(Bloomberg)—After weeks of hand-wringing over its fate, the flagship location of Barneys New York Inc. will stay open for at least another year, albeit
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Getty Images A former trader alleges the bank aggressively marketed a deal for bonds backed by hotels in a way that “could amount to securities fraud.”
(Bloomberg)—U.S.
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There was a wide discrepancy in the performance of student housing properties in the fall of 2019.
The
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