After a year in which proceeds from stock sales once again outpaced share repurchases, Brookfield Real Estate Income Trust returned to buying properties.
ATLANTA — The hospitality industry is a collaborative one, and it has to be. Hotel owners, operators and brands all have to come to the table to make decisions, especially during challenging economic conditions.
CBRE promoted Kevin McLennan to vice chairman, the highest professional title for productive brokers at the world’s largest real estate services firm. McLennan, part of CBRE’s occupier services practice in Chicago, previously served as an executive vice president.
Ares Management Corporation, the global alternative investment manager, has raised approximately $5.4 billion of capital, including via equity commitments and related transaction vehicles, to invest in value-add real estate opportunities across the United States and Europe.
Blackstone bought a luxury resort in Northern California’s wine country, as big-name investors bet that the artificial intelligence boom currently gripping the San Francisco Bay Area will increasingly translate into growing demand in hospitality, housing and other sectors.
Washington state’s first income tax on millionaires may only indirectly affect commercial property taxes or investment, but business advocates say the bigger effect of the measure will be to hasten an exodus of talent and startup capital from Seattle.
For Jerico Development President Eric Johnson, the Ports O’ Call Village complex on the main channel of the Port of Los Angeles wasn't only a nationally significant redevelopment opportunity, but a chance to reimagine a piece of his childhood.
Global real estate investment firm Mapletree has sold a nearly 1.4 million-square-foot, shallow bay logistics portfolio spanning 19 properties in four U.S. states for $207.5 millionas it turns its focus to development opportunities.
The company that saved tween retailer Claire's from liquidation has leased a warehouse outside of Chicago for the chain, which is bolstering its distribution network as it attempts a rebound.
Albertsons Cos. is closing two stores in the North Texas region, an area that grocers are helping become the nation's top market for new retail construction.
An activist investor is targeting Atlanta-based cold storage provider Americold Realty Trust, calling for the ouster of its chairman and a possible sale of some or all of the company amid a prolonged downturn in the sector.
At first glance, Hines' recent purchase of a sprawling self-storage facility on the outskirts of downtown Chicago is a contrast to the gleaming office towers or luxury storefronts for which it is known.
Bathhouse has signed a nearly 55,000‑square‑foot lease at 6400 Sunset Blvd. in Hollywood, marking the New York–based wellness brand’s first West Coast flagship location. The 25‑year lease is set to start in July.