U.S. community bank earnings for 2024 are expected to be 12% lower compared to one year ago, according to a new report from S&P Global Market Intelligence. The newly published “2024 U.S. Community Bank Market Report” found elevated interest rates are pressuring...
LuxUrban Hotels Inc. (NASDAQ: LUXH), a Miami-headquartered hospitality company which leases hotels and rents rooms to business and vacation travelers, has named Robert Arigo as its next CEO. Arigo joined LuxUrban in March as chief operating officer. Prior to his work...
Murano Global Investments PLC (NASDAQ:MRNO), a London-headquartered real estate company focused on developing hotel, resort and commercial properties in Mexico, has signed a non-binding memorandum of understanding with a global cruise operator to explore the potential...
State legislatures fighting against property taxes, a California restaurant chain closing eateries and a stock market for Texas. From the wild and wooly world of real estate, here are the Hits and Misses for the week of June 3-7. Hit: Saying No to New Taxes. The...
DLC, the Elmsford, New York-based owner/operator of open-air retail assets, has acquired the Colony Place shopping center in Plymouth, Massachusetts, for $86 million in an off-market transaction. Colony Place has more than 50 stores and is 94% leased. The shopping...
The fruit food and beverage company Welch’s has announced it will relocate its corporate headquarters to Waltham, Massachusetts, in 2025. The new Welch’s headquarters will be in Reservoir Place at 1601 Trapelo Road, a building owned by Boston Properties...