The Chicago-headquartered real estate services firm Jones Lang LaSalle Inc. (JLL) (NYSE: JLL) has launched its inaugural commercial paper program. According to the company, up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes will be...
Bob’s Stores, a 70-year-old apparel and accessories retailer focused on the Northeast, has filed for Chapter 11 bankruptcy protection and has begun liquidation sales at its remaining stores. Founded in 1954 as Bob’s Surplus, the company grew to a 34-store...
A Phil Hall Op-Ed: Last Thursday’s presidential debate was, to be a charitable, a disaster for the incumbent. But from a housing standpoint, it offered a cruel but much-needed reality check on President Biden’s disconnect to the problems created by his...
The National Association of Realtors (NAR) has given its support to several strategies proposed last week by the Biden administration to address the need to expand affordable housing opportunities. NAR specifically praised the proposal for a new Department of the...
Sotheby’s International Realty has expanded into California’s Central Valley with the addition of Valley Sotheby’s International Realty. Headquartered in Modesto, Valley Sotheby’s International Realty will serve the communities of Stanislaus,...
Airbnb (NASDAQ:ABNB) has announced the appointment of hotel industry executive Jim Alderman as head of residential development. Alderman was previously a principal with Alderman Advisory, a consulting firm that he confounded. Earlier in his career, he was CEO of...
Hits and Misses for the Real Estate Week of Aug. 3-7
