LuxUrban Hotels Inc. (NASDAQ: LUXH), a Miami-headquartered hospitality company which leases hotels and rents rooms to business and vacation travelers, has named Robert Arigo as its next CEO. Arigo joined LuxUrban in March as chief operating officer. Prior to his work...
Murano Global Investments PLC (NASDAQ:MRNO), a London-headquartered real estate company focused on developing hotel, resort and commercial properties in Mexico, has signed a non-binding memorandum of understanding with a global cruise operator to explore the potential...
DLC, the Elmsford, New York-based owner/operator of open-air retail assets, has acquired the Colony Place shopping center in Plymouth, Massachusetts, for $86 million in an off-market transaction. Colony Place has more than 50 stores and is 94% leased. The shopping...
Emerald Bay Risk Solutions has partnered with the insurance agency Arrowhead to launch Arrowhead EQ DIC, a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. According to the companies, Arrowhead EQ...
Commercial mortgage delinquencies were on the rise during the first quarter, according to data from the Mortgage Bankers Association (MBA). MBA’s quarterly analysis details the commercial delinquency rates for five of the largest investor groups that hold more than...