The FBI is relocating its headquarters to the Ronald Reagan Building complex in Washington, DC. The FBI will relocate from the J. Edgar Hoover Building in Washington, which served as its headquarters in 1975. The Reagan Building complex is currently home to US Customs...
Ohio Gov. Mike DeWine has signed the state’s two-year budget that includes a provision for $600 million in state funds to cover some of the construction costs on the Cleveland Browns’ $2.4 billion domed stadium development. According to combined media reports,...
BBG, the Dallas-headquartered national commercial real estate services firm, has unveiled its Data Center Specialty Practice to meet the demand for valuation, due diligence, and advisory services in the fast-growing infrastructure sector. According to the company,...
The commercial mortgage-backed securities (CMBS) delinquency rate rose by 5 basis points in June to 7.13%, according to new data from Trepp Inc. The overall delinquent balance was $42.3 billion this month, down from $42.6 billion in May, while the outstanding balance...
Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
A highly unlikely new player has emerged in the Pacific Rim tourism industry – North Korea. The Associated Press reports North Korean leader Kim Jong Un has inaugurated the Wonsan-Kalma coastal tourist zone, which encompasses hotels, restaurants and cafeterias, and...
