The commercial real estate investment firm KPG Funds has released a forecast predicting a significant increase in New York City’s commercial property values, with expectations of a 50% to 60% rise in pricing as interest rates decline. KPG Funds is projecting a pricing...
Brennan Investment Group, a Rosemont, Illinois-headquartered real estate investment firm focused on industrial properties, has hired Zane Smith as vice president for the Dallas-Fort Worth region. In his new role, Zane will be involved in sourcing and closing both new...
A 23-story Manhattan office tower that sold in 2006 for $332 million has changed hands in an online auction for $8.5 million – a 97.5% loss. The New York Times reported the owner of the property, an investment fund run by UBS Realty Investors, had previously tried to...
Chevron Corporation (NYSE:CVX) announced the relocation of its corporate headquarters from California to Texas. The company, which traces its California roots back to the 1870s is taking its leadership offices from San Ramon to Houston before the end of the year....
The Greenbrier Hotel, the historic West Virginia lodging establishment, is at the center of a controversy that encompasses the upcoming election and JPMorgan (NYSE:JPM) chief Jamie Dimon. WCHS-TV reports the Greenbrier is owned by West Virginia Gov. Jim Justice and...