In an extraordinary blurring of the lines separating an independent and objective financial service media and the industry it covers, a startup news site owned and operated by a hedge fund has partnered with a law firm to put forth a proposed consumer class action...
The New York City-headquartered real estate brokerage Compass (NYSE: COMP) is expanding into the Gulf South markets with its acquisition of the New Orleans-headquartered brokerage Latter & Blum. Latter & Blum was founded in 1916 and is led by Chairman Robert...
The discount retail chain 99 Cents Only Store LLC is considering a bankruptcy filing. According to a Bloomberg report, the company has been unable to offload assets and is weighing either bankruptcy, debt restructuring or an out-of-court agreement. The company is in...
Hilton (NYSE: HLT) announced its acquisition of a majority controlling interest in Sydell Group to expand the NoMad Hotels brand from its existing London flagship location to high-end markets around the world. According to a statement issued by Hilton, the “addition...
TerraCRG, a Brooklyn-based brokerage focused on the borough’s commercial real estate market, announced the promotion of partner Dan Marks to CEO. Marks succeeds Ofer Cohen, the company’s founder, who will become chairman. Marks has been with TerraCRG for more...
Mary C. Daly is president and CEO of the Federal Reserve Bank of San Francisco. This article is adapted and edited from a recent presentation made at the 2024 National Interagency Community Reinvestment Conference in Portland. No matter where I go or who I talk to...
Hits and Misses for the Real Estate Week of June 15-19
