Allison Felix named president at Cassaday & Co. by Released | Jul 11, 2018 Allison Felix has been promoted to president and principal of Cassaday & Co., an independent wealth management firm with $2.7 billion in assets under management based in McLean, Va.
China is a key destination for increasing U.S. energy exports by Released | Jul 10, 2018 China has become a more significant destination for U.S. energy exports. In particular, China has been among the largest importers of U.S. exports of crude oil, propane, and liquefied natural gas.
BYD and Generate Capital to launch first-ever U.S. partnership for an electric bus leasing program by Released | Jul 10, 2018 Generate Capital, a financier, owner and operator of distributed infrastructure, has formed a joint venture to launch the first electric bus leasing program of its kind in the United States in partnership with BYD Motors, a manufacturer of electric vehicles.
Texas remains the top state for business by Andrea Zander | Jul 10, 2018 Texas is the number one state for business, according to CNBC, First in Business Worldwide’s results in its 12th annual list of America’s Top States for Business.
Four Springs Capital Markets appoints Eric Paul as president by Released | Jul 9, 2018 Four Springs Capital Markets, a financial services firm focusing on commercial real estate investment products, has appointed Eric Paul as president.
Pretium Partners raises more than $1b for single-family rental platform by Andrea Zander | Jul 9, 2018 Pretium Partners has closed its second fund.
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.