Grosvenor Group Ltd., a London-headquartered international property owner and developer, has donated $250,000 to the Hartford, Connecticut-based Pension Real Estate Association’s (PREA) programs designed to provide career opportunities in U.S. commercial real...
Greenbacker Capital Management (GCM), a New York City-based renewable energy asset manager, has hired David Zackowitz as head of real estate investments. In his new role, Zackowitz will lead GCM’s fourth sustainability driven investment strategy, focused on acquiring...
The New York City-headquartered global law firm McDermott Will & Emery has hired David Herman as a partner in its Transactions Practice Group. Herman is a real estate lawyer focused on commercial real estate transactions across the full spectrum of asset classes,...
Colliers (NASDAQ: CIGI) announced the appointment of Badal Yagnik as CEO for India. Yagnik is based in Gurgaon and will collaborate with Sankey Prasad, Colliers’ chairman and managing director for India. Before joining Colliers, he was a managing director at...
CBRE (NYSE:CBRE) reduced its 2023 forecast for hotel performance, citing a weaker-than-expected summer demand that created a second quarter revenue per available room (RevPAR) shortfall. The revised forecast is now predicting a 2023 RevPAR of $96.64, up 4.6%...