Japan’s Seven & i Holdings (OTCMKTS: SVNDY), the parent company of the 7-Eleven chain, has received an unexpected acquisition bid from the Canadian-based Alimentation Couche-Tard Inc. (ACT) (TSX:ACT) that could create one of the world’s largest retail networks....
Hyatt Hotels Corporation (NYSE:H) completed the sale of the 1,641-room Hyatt Regency Orlando and adjacent 45 acres of land to affiliates of RIDA Development Corporation and an Ares Management Real Estate fund for approximately $1.07 billion. The Chicago-headquartered...
BurgerFi International (NASDAQ:BFI), the parent company of BurgerFi and Anthony’s Coal Fired Pizza, acknowledged that it is undergoing “significant adverse developments” that could result in a bankruptcy filing and the shuttering of its eateries. The 102-unit...
Kamala Harris’ housing plans, a new era in real estate commissions and a new assault on phony online reviews. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Aug. 12-16. Miss: Thus Spoke Kamala. After weeks of silence on what...
T&T Supermarket Inc., the Canadian-based Asian grocery retailer, is opening its first California store and third US location in San Jose. The new store is set to open in Fall 2025 at San Jose’s Westgate Center. The 55,000-square-foot store will be based in a...
CBRE (NYSE:CBRE) has revised its forecast for 2024 U.S. hotel performance, citing weaker-than-expected leisure travel and the slowing in corporate profit growth. CBRE is now projecting a 1.2% increase in revenue per available room (RevPAR) growth for 2024, down from...