Airbnb teams up with real estate company by Andrea Zander | Jul 9, 2018 Airbnb has created a new strategy to play by the rules, a partnership with Century 21 in Paris to let Parisians sublet their apartments.
$600m to be invested in Nebraska roads by Andrea Zander | Jul 6, 2018 Nebraska Governor Pete Ricketts and the Department of Transportation announced plans to invest $600 million in road projects across the state this fiscal year, the largest investment in the state’s history.
Rock Creek Group buys back 65% stake held by WFAM by Released | Jul 6, 2018 Wells Fargo Asset Management (WFAM) has sold its majority stake in The Rock Creek Group, LP to the company’s founder, Afsaneh Beschloss, and the RockCreek team.
Loews Corp. to buy Boardwalk Pipeline Partners for $1.5b by Released | Jul 6, 2018 Boardwalk GP, the general partner of Boardwalk Pipeline Partners and a subsidiary of Loews Corp., has exercised its right to purchase the outstanding shares and paid $1.5 billion to acquire the remaining 49.8 percent of Boardwalk Pipeline Partners.
U.S. job market remains tight, construction employment reaches 10-year high by Larry Gray | Jul 6, 2018 The U.S. job market continued to chug along in June, as total nonfarm payroll employment increased by 213,000.
California Water Service to invest $828m in infrastructure by Andrea Zander | Jul 5, 2018 California Water Service Group announced that its subsidiary California Water Service (Cal Water) has filed an application with the California Public Utilities Commission, seeking permission for investing $828.5 million within the 2019-2020 time frame.
Enbridge to sell 19 gas plants to Brookfield for $3.7b by Andrea Zander | Jul 5, 2018 Enbridge has plans to sell its Canadian natural gas gathering and processing business in the Montney, Peace River Arch, Horn River and Liard basins in British Columbia and Alberta to Brookfield Infrastructure and its partners for C$4.31 billion ($3.7 billion).
TH Real Estate appoints innovation & technology strategist by Released | Jul 2, 2018 TH Real Estate, an affiliate of Nuveen, has appointed Jack Sibley as innovation and technology strategist.
Chicago billionaire completes $255m purchase of historic property by Andrea Zander | Jul 2, 2018 Mansueto Properties has purchased the Wrigley Building from an investment consortium led by BDT Capital Partners.
Inland Real Estate buys third Arizona property by Released | Jul 2, 2018 Inland Real Estate Acquisitions has purchased the Banner Health Medical Office Building, located in Phoenix.
Trap Kloman named president and COO of Commonwealth Financial by Andrea Zander | Jun 29, 2018 Rich Hunter, the president and chief operating officer of Commonwealth Financial Network, has plans to step down from the position.
Third Seven Group acquires stake in UDIS Capital Partners by Released | Jun 29, 2018 Third Seven Group, an investment bank and registered investment advisory firm, has acquired a stake in boutique investment management consultancy UDIS Capital Partners.
Foreign investment in U.S. commercial real estate remains strong; China and Mexico top investors by Released | Jun 29, 2018 Nearly one-fifth of Realtors® practicing in commercial real estate closed a sale with an international client in 2017, and 35 percent said they have experienced an increase in the number of international clients in the past five years.
AI Insight to launch new alternative mutual fund reports in August by Released | Jun 28, 2018 Al Insight will launch Alternative Mutual Fund Research Reports in August 2018.
Host Hotels & Resorts to sell $2b portfolio by Andrea Zander | Jun 28, 2018 Host Hotels & Resorts has plans to sell a $2 billion portfolio of noncore hotels.
