Declining property values, and the resulting drop in taxes, are threatening to blow a hole in state and local budgets, reports the New York Times. Sands is selling its Las Vegas properties in a $6.3 billion deal, according to the Wall Street...
New York officials charged a $105 million find to hedge fund Sandell Asset Management for faking a move to Florida.
The company is working with prospective buyers to make no-contingency cash offers that often win out over similarly priced bids.
An infrastructure bill is likely to cause challenges for President Biden, according to The New York Times. The Wall Street Journal looks at a company that tries to turn home rental tenants into homeowners. These are among today’s must reads from...
The retailer intends to hand control of the business to an affiliate of MidCap Financial.
The real estate brokerage company filed for a listing on the New York Stock Exchange on Monday.
Tenants struggling to pay rent are still waiting for the government assistance approved in December, reports the Wall Street Journal. SPACs can take investment risks to another level, according to Reuters. These are among today’s must reads from...
About $4 billion in value was erased from 118 retail-anchored properties with CMBS debt after reappraisals.
