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Brookfield Pays $1.6 Billion for Two Japanese Properties

Brookfield Pays $1.6 Billion for Two Japanese Properties

by Phil Hall | Jan 27, 2025 | Commercial Real Estate News, International Real Estate News, Real Estate News, WRE News Exclusive

The Canadian investment firm Brookfield Asset Management announced plans to expand its presence in Japan with the combined $1.6 billion purchase of a stake in a Tokyo mixed-use complex and a large open land plot for logistics development. The Japan Times reports the...
Developers Propose Building Tallest-Ever American Skyscraper in NYC

Developers Propose Building Tallest-Ever American Skyscraper in NYC

by Phil Hall | Jan 17, 2025 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The real estate developers TF CornerStone and RXR are teaming on a proposed New York City mixed-use property that could become the tallest and most expensive skyscraper ever constructed in the country. Business Insider reports the project, dubbed 175 Park Avenue,...
Hyatt in Exclusivity Talks with Playa Hotels & Resorts

Hyatt in Exclusivity Talks with Playa Hotels & Resorts

by Phil Hall | Dec 23, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H), has executed an exclusivity agreement with Playa Hotels & Resorts NV (NASDAQ: PLYA), the owner/operator and developer of resorts in Mexico, Jamaica and the Dominican Republic. According to the companies, Playa agreed to...
Trump Organization Reportedly Considering to Regaining Control of DC Hotel

Trump Organization Reportedly Considering to Regaining Control of DC Hotel

by Phil Hall | Dec 16, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Trump Organization is reportedly considering a bid to regain control of the Waldorf Astoria hotel in Washington, DC. The New York Post, citing “three sources familiar with the situation,” said the president-elect’s company is considering options including a...
The Pierre, a Historic NYC Hotel, Reportedly Up for Sale

The Pierre, a Historic NYC Hotel, Reportedly Up for Sale

by Phil Hall | Dec 11, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Pierre, a historic five-star hotel overlooking New York City’s Central Park, is being marketed for sale. According to a Bloomberg report sourced from unnamed “people familiar with the matter,” the landmark lodging property features 189 hotel rooms, restaurants and...
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