Mel Sembler, a real estate developer who represented the U.S. in two high-profile diplomatic positions, passed away on Oct. 31 at his home in St. Petersburg, Florida. He was 93 years old and the cause of death was attributed to lung cancer. Melvin Floyd Sembler was...
The co-working flex space provider WeWork Inc. (NYSE: WE) filed for chapter 11 protection in the U.S. Bankruptcy Court in New Jersey. Founded in 2010, WeWork was valued at $47 billion during its peak operating years. However, the company had a history of financial...
Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) announced it has entered into a definitive agreement to be acquired by Hilton Grand Vacations Inc. (NYSE: HGV) for $75.00 per share in an all-cash transaction, representing a total enterprise value of...
A trade group enduring a surplus of grief, a central bank that stopped punishing the public and a billionaire’s adieu to the Pacific Northwest. From the wild and wooly world of real estate, here are the hits and misses for the week of Oct. 30 to Nov. 3. Miss: NAR at a...
The New York City law firm Kane Kessler has hired Neal Weinstein as a partner in its real estate and general business groups. Weinstein brings more than 20 years of experience in commercial real estate transactions, with a primary focus on New York metro and...
Green Street, a provider of commercial real estate intelligence and analytics in the U.S. and Europe, has acquired Local Data Company (LDC), a London-based provider of proprietary data and insights on Great Britain’s retail and leisure market. LDC is the only company...