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...
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 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...
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 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...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
