Holly Pond Plaza, a 73,060-square-foot outpatient medical building in Stamford, Connecticut, was sold for $19.1 million. Built in 1981, the four-floor property is 100% leased to three medical tenants, with Summit Health (Walgreens Boots Alliance) occupying roughly...
The New York City-based investment firm Blackstone (NYSE:BK) has announced its acquisition of a majority ownership stake in Jersey Mike’s Subs, a franchisor of fast-casual submarine sandwich stores. The financial terms of the transaction were not disclosed, although...
Marriott International Inc. (NASDAQ: MAR) announced the opening of its 100th property in Japan with the debut of the Four Points Flex by Sheraton Osaka Umeda. The new property also marks the first offering of the Four Points Flex by Sheraton brand in the Asia Pacific...
A new forecast from CBRE (NYSE: CBRE) is predicting a greater vibrancy for the US hotel industry in the fourth quarter following a subdued third quarter. CBRE is predicting a 0.5% increase in revenue per available room (RevPAR) growth for 2024, down from the...
The New York City townhouse that has been the home of the Friars Club, a legendary private club for the entertainment industry elite, is scheduled to go a foreclosure auction on Nov. 26. The New York Post reported the five-story, 14,541-square-foot, English...
Redwood Trust Plans to Abandon REIT Status, Cut Dividend After $47 Million …
