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Arkansas Orders Chinese-Owned Agtech Company to Sell Farmland

Arkansas Orders Chinese-Owned Agtech Company to Sell Farmland

by Phil Hall | Oct 17, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Arkansas Gov. Sarah Huckabee Sanders has ordered the agtech company Syngenta to sell 160 acres of farmland in the state within two years because it is a Chinese-owned company. According to a Reuters report, Sanders made her announcement today at a news conference,...
Wyndham Rejects Choice Hotels’ $7.8 Billion Takeover Offer

Wyndham Rejects Choice Hotels’ $7.8 Billion Takeover Offer

by Phil Hall | Oct 17, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Choice Hotels International Inc. (NYSE: CHH) has put forth an offer to acquire all the outstanding shares of Wyndham Hotels & Resorts Inc. (NYSE: WH) at a price of $90.00 per share, payable in a mix of cash and stock and totaling $7.8 billion. However, Wyndham...
Mikael Nyberg Named Chief Operating Officer at LendingStandard

Mikael Nyberg Named Chief Operating Officer at LendingStandard

by Phil Hall | Oct 17, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

LendingStandard, a Kansas City-based platform focused on commercial real estate finance, has hired Mikael Nyberg as its new chief operating officer (COO). “Mikael Nyberg’s exceptional track record in operational excellence and proven ability to drive...
Historic Hotel del Coronado Receives $160 Million Restoration Investment

Historic Hotel del Coronado Receives $160 Million Restoration Investment

by Phil Hall | Oct 16, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the most famous hotels in the nation announced a new investment to restore its historic Victorian building. San Diego’s Hotel del Coronado will receive more than $160 million from Blackstone Real Estate, which marks the next and final phase of its more than...
Jason Kirschner Joins Vorando Realty Trust as EVP and Head of Capital Markets

Jason Kirschner Joins Vorando Realty Trust as EVP and Head of Capital Markets

by Phil Hall | Oct 11, 2023 | Commercial Real Estate News, News/Current Events, Real Estate Investing, WRE News Exclusive

New York City-based Vornado Realty Trust (NYSE:VNO) has hired Jason Kirschner as executive vice president and head of capital markets. Kirschner will report to Michael Franco, Vornado’s president and chief financial officer. He brings more than 20 years of experience...
Attorney Christian Hylton Joins Pryor Cashman’s Real Estate Group

Attorney Christian Hylton Joins Pryor Cashman’s Real Estate Group

by Phil Hall | Oct 11, 2023 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The New York City law firm Pryor Cashman announced the hiring of Christian Hylton as a partner in the Real Estate Group and Land Use + Zoning Practice. Hylton’s practice focuses on oversight and management of matters related to land use, zoning, and economic...
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