“Flooding may worsen in many locations across South Carolina, North Carolina, and Virginia as precipitation continues to fall on saturated ground and runoff drains slowly toward the coast,” AIR Worldwide said in a statement.
Private equity, infrastructure and real estate firms are broadening their sources of capital to fuel expansion and remain nimble.
Bookstores are getting creative in the age of Amazon, according to Crain’s New York Business. Mobile home values may be rising as traditional home values, MarketWatch reports. These are among today’s top must reads from around the commercial real...
Rick Singer starts this month at Winter, a New York-based real estate investment, management and development company backed by the founders of closely held Standard Industries.
Billionaire Dan Och’s hedge fund firm is targeting $2 billion for its fourth fund focused on opportunistic property investments as soon as the end of the year, according to people familiar with the matter.
The Chicago-based real estate investment trust is looking to sell 800 Sixth Ave., a high-rise tower in Chelsea, and 505 W. 54th St. in Hell’s Kitchen, according to a person with knowledge of the offering.
The real estate sector is awaiting the true impact from Hurricane Florence, according to Seeking Alpha. Wells Fargo’s CFO said he expects commercial real estate and commercial and industrial loans to drop from second-quarter levels, the Wall...
In June, New York-based Blackstone raised $7.1 billion for an opportunistic real estate fund focused on Asia, and Carlyle Group LP this month also raised its largest U.S. real estate fund.
Consumers also said they benefited from income and wealth increases, supported by higher stock prices and property values.
Montage, which launched in 2002 with a resort in Laguna Beach, California, currently operates eight hotels and generated $400 million in revenue last year.