(Bloomberg)—MGM Resorts International, the largest operator of casinos in Las Vegas, is
The largest operator of casinos in Las Vegas is working with an adviser to solicit interest from potential buyers.
Even with several large-scale acquisitions behind it, the REIT plans to keep looking for more industrial portfolio acquisitions.
In 2015, industrial REIT Prologis Inc. led the $5.9 billion purchase of the industrial assets and operating platform of privately-held KTR Capital Partners
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It’s no secret—LLCs are purposely difficult to get
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The city is now second only to the San Francisco Bay Area for high-tech employment.
New York is seeing major tech companies expanding their presence in the city. The New York Times
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Real estate investors are bundling increasingly speculative short-term mortgages into CLOs.
(Bloomberg) --A real estate financing tool revived from the pre-crisis era is growing riskier.
Real estate investors are bundling increasingly speculative short-term commercial property mortgages into bonds known as collateralized
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The private equity giant is in talks with prospective buyers, including Prologis.
(Bloomberg)—Blackstone Group LP is talking with prospective buyers for some of the warehouses it will amass as part of an
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Toys “R” Us stores will open two permanent stores in November, reports CNBC. A San Francisco ballot measure would restrict office development in the city, according to the San Francisco Chronicle. These are among today’s
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Best practices for CRE fair value accounting.
Fair value accounting—using current market values as the basis for recognizing certain assets and liabilities—is at the core of understanding your portfolio’s
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The company closed a $503 million fund to invest in property technology startups by raising money from mall owners, hotel operators and office developers.
(Bloomberg)—Fifth
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Getty Images Multifamily sales came to a standstill in New York after new rent control regulations.
(Bloomberg)—Things looked promising for the sellers of a collection of Harlem apartment buildings, listed in April for
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