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Blackstone Sells Motel 6 Lodging Chain to Indian Company for $525 Million
Motel 6 began operations in 1962 as the nation’s first no-frills economy motel chain. Continue Reading Blackstone Sells Motel 6 Lodging Chain to Indian Company for $525 Million
Hits and Misses for the Real Estate Week of Sept. 16-20
A new plan to expand federal involvement in housing, a deed thief gets arrested, and Home Depot pays for overcharging customers are among the Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Sept. 16-20
West Virginia Real Estate Developer Sentenced for Defrauding Investors
Jeffrey James Morris was ordered to report to prison on Oct. 28. Continue Reading West Virginia Real Estate Developer Sentenced for Defrauding Investors
David Krantz Named Head of Capital Markets at RockFarmer Properties
He was previously managing director and head of real estate at Mirae Asset Securities. Continue Reading David Krantz Named Head of Capital Markets at RockFarmer Properties
Three Mile Island to be Revived for Powering Microsoft Data Centers
Three Mile Island’s undamaged 835-megawatt Unit 1 reactor has closed in 2019 due to the costs of maintaining the facility. Continue Reading Three Mile Island to be Revived for Powering Microsoft Data Centers
Philadelphia Agrees to $1.55 Billion Arena for the 76ers
The team has sought to relocate to a new arena by 2031 when its’ lease at the Wells Fargo Center expires. Continue Reading Philadelphia Agrees to $1.55 Billion Arena for the 76ers
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