One Shein distribution center, located in Whitestown, Indiana, is already operational and could reduce shipping times by up to four days. It currently has 800 employees, with plans to have 1,000 by the end of this year. A second facility is...
Braemar Hotels & Resorts Inc. is acquiring the Four Seasons Resort Scottsdale at Troon North, according to a statement Tuesday. The company will purchase the property using nearly $268 million of cash on hand. Host Hotels & Resorts Inc., meanwhile...
About 37 percent of small businesses, which between them employ almost half of all Americans working in the private sector, were unable to pay their rent in full in October. That’s according to a survey from Boston-based Alignable, a network of 7...
Regional mall operator Macerich reported strong leasing and cash flow metrics for its latest financial quarter, according to Chain Store Age. GlobeSt.com asks when tenants will gain back power in the apartment rental market. These are among today...
Fertitta has a deep understanding of the gambling and hospitality industries -- and now a toehold in one of the industry’s marquee names. The Houston-based investor and businessman owns the Golden Nugget casinos, the Landry’s Seafood chain and the...
CBRE is laying off some of its workforce as part of a $400 million cost-reduction plan, reports Bisnow. Meta will spend $3 billion in lease terminations and other fees as part of a plan to shrink its office footprint, according to The Real Deal...
Bankers and advisers to private equity firms expect activity to pick up in early 2023, likely in the form of smaller minority transactions and mid-sized buyouts.
The fundamental problem will be that the diversity objectives trumpeted by major corporations will no longer match an objective that has been blessed by the courts.
After a period of rapid growth, residential rents seem poised to decline, according to RealPage data. Vox explored the process of building a wood skyscraper in Milwaukee. These are among today’s must reads from around the commercial real estate...
The emirate’s biggest sovereign wealth fund has raised its target allocation range for North America to between 45 percent and 60 percent, and expects activity levels for real estate investments to remain high this year and beyond, according to an...
