The India-based travel technology company OYO has acquired G6 Hospitality, the parent company of the lodging brands Motel 6 and Studio 6 brands, from the New York City-based investment firm Blackstone (NYSE:BK) for $525 million in an all-cash transaction. Motel 6...
The City of Philadelphia has reached an agreement to build a new $1.55 billion, 18,500-seat arena that will be home to the NBA’s Philadelphia 76ers. Philly Voice reported the new arena will be on East Market Street just south of Chinatown on a site that is currently...
Concord Wilshire Capital and TLG Investment Partners have begun the abatement and demolition of the Metrocenter Mall in Phoenix while forming a partnership with Diversified Partners LLC to develop and construct the 140,000-square-foot retail component within the...
Atlanta-based Georgia-Pacific LLC, the pulp and paper company, announced plans to transform its 51-story world headquarters and the surrounding city block into a mixed-use property. The proposed development, scheduled for completion in fall 2027, will include more...
Janover Inc. (NASDAQ: JNVR), an artificial intelligence (AI)-enabled platform for commercial real estate transactions, has rolled out Groundbreaker’s Janover Engage, a marketplace designed to connect real estate syndicators with investors. Groundbreaker is a wholly...
Overton Moore Properties (OMP), a real estate firms focused on industrial, office and mixed-used projects, has acquired the 41-acre property in the Bay Area locality of Livermore, California. The property will be the home of the OMP Oaks Business Park, a...
Senate Approves 21st Century ROAD to Housing Act
