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Bill Ackman Raises Bid on Howard Hughes Holdings

Bill Ackman Raises Bid on Howard Hughes Holdings

by Phil Hall | Feb 19, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Bill Ackman’s Pershing Square Holdco LP has submitted a new non-binding proposal for a $900 million acquisition of Howard Hughes Holdings Inc. (NYSE: HHH). The new proposal would have Pershing Square acquire 10,000,000 newly issued common shares of HHH for $90 per...
11 More Women File Sexual Assault Lawsuits Against the Alexander Brothers

11 More Women File Sexual Assault Lawsuits Against the Alexander Brothers

by Phil Hall | Feb 19, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Eleven women filed lawsuits against the Alexander Brothers, expanding the civil litigation charging the real estate family siblings with sexual assaults. The Real Deal reports most of the lawsuits accused Oren and/or Tal Alexanders for assaults that allegedly occurred...
Hamid R. Moghadam to Step Down as CEO at Prologis

Hamid R. Moghadam to Step Down as CEO at Prologis

by Phil Hall | Feb 19, 2025 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The San Francisco-based real estate investment trust Prologis (NYSE: PLD) announced the retirement of CEO Hamid R. Moghadam, effective Jan. 1, 2026. Dan Letter, currently the company’s president, will succeed Moghadam as chief executive; Letter will also join the...
Executive Changes Announced at Newmark Group

Executive Changes Announced at Newmark Group

by Phil Hall | Feb 19, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Newmark Group Inc. (NASDAQ: NMRK) announced CEO Barry M. Gosin will take on the additional role of chairman of its operating company, Newmark & Company Real Estate Inc., while Executive Vice President and Chief Legal Officer Stephen Merkel has been named chairman...
Audrey Hepburn’s Longtime Swiss Home Listed for $21 Million

Audrey Hepburn’s Longtime Swiss Home Listed for $21 Million

by Phil Hall | Feb 18, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The longtime Swiss residence of the iconic film actress Audrey Hepburn has been listed for sale at nearly $21 million. Galerie Magazine reports the 40.33-acre property in Tolochenaz, a village near Lake Geneva and the city of Lausanne, is known as “Le Paisable,” which...
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