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...
Regent Homes, a homebuilder based in Middle Tennessee, has teamed with United Communications, a local internet provider, to create more than 3,100 Wi-Fi-ready homes in 2024. According to the companies, residents will have access to fast fiber internet connections...
In a striking reversal to an ongoing trend that found many top-named retailers exiting San Francisco, the commercial property owner and developer Grosvenor announced a new long-term lease with the luxury Italian jewelry and accessory designer Bulgari in the city’s...