Blackstone COO Jonathan Gray and Club Quarters Chicago at 111 W Adams Street (Getty, Google) As the hospitality sector struggles to regain its footing, Blackstone skipped a payment on a $274 million hotel loan. The mammoth firm ...
Brad Hargreaves Co-living operator Common is expanding its third-party property management. The company signed onto 575 units owned by Nuveen in South Florida and Los Angeles, taking over property management and leasing from Lincoln ...
Freddie Mac of Debby Jenkins (Freddit Mac, Getty) Freddie Mac is expanding the mortgage relief options it offers multifamily property owners, but there are strings attached. The agency, which is under government conservatorship, today ...
6156 Ramirez Canyon Road in Malibu and 20 37th Place in Long Beach. (Credit: Redfin) Coastal living appears to be on the minds of many wealthy Los Angeles homebuyers. All but one of the five most expensive sales last week involved ...
A replica Old West town (Credit: Sotheby’s International Realty via Bloomberg) Every once in a while, a property home to a real or replica Old West town hits the market. Usually they’re actually in the American West. Not this one. Rob ...
New numbers from Yelp show that 140,000 businesses that closed since March 1 remain closed and that 40 percent of them permanently closed. (Getty) Nearly 140,000 U.S. businesses that closed since March 1 remain shuttered, and just over ...
Restaurants are struggling to get by Some 2.2 million restaurants worldwide could close in the near future, and that’s a low estimate. Restaurants across the price spectrum are watching bills pile up and sales flounder in the months ...
Mark Wahlberg and an F45 gym location (Getty, F45) Crescent Acquisition Corp has agreed to acquire fitness company F45 Training Holdings and take the company public. The deal values the combined companies at $845 million including debt ...
Vitaly Malkin and Courchevel (Wikipedia) A French court has ordered a Russian businessman to pay a $1.7 million tax bill on a ski resort in the French Alps because he failed to prove he owns it. The tax is designed to crack down on the ...
Disney is ready to open its massive theme parks in California and Florida, but many of its employees are not. The company plans to open Walt Disney World in Orlando in stages starting July 11 and Anaheim’s Disneyland about a week ...