Two of San Francisco’s largest hotels were sold together at a significant discount. Bloomberg reports Parc 55 and Hilton San Francisco Union Square, which encompass a total of nearly 3,000 rooms, were sold for $408 million – a 75% drop from their combined $1.56...
Beachwood, Ohio-headquartered SITE Centers Corp. (NYSE: SITC), the owner and manager of open-air shopping centers, has completed the sale of five of its retail properties. The company sold a three-property portfolio consisting of East Hanover Plaza in East Hanover,...
A Florida businessman was sentenced to 46 months in prison for defrauding clients in four states through loan agreements to finance construction projects and then causing more than $8 million in victim losses by misappropriating funds. David Ingram, 73, previously...
A new report from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions (CGS) has determined that corporate entities and investors now own 8.9% of residential parcels in 500 counties, or roughly one in 11 parcels. The report observed that...
ARH Global Advisors LLC, a New York City-based multidisciplinary advisory firm serving high-net-worth individuals, family offices, and global investors, has launched ARH Real Estate Group LLC, a real estate brokerage service arm operating in New York City and Beverly...
The Trump Organization is teaming with Dar Global, the international arm of the Saudi Arabian developer Dar Al Arkan, to launch Trump International Hotel Maldives, the brand’s first property in the Republic of Maldives. Located 25 minutes by speedboat from the...
