The New York-based startup, which launched last year, processes $3 billion in annualized rent payments, and its Bilt Mastercard customers are spending at an annualized rate of $1.6 billion.
“This case is about the companies of Donald Trump, not about the man himself,” prosecutor Joshua Steinglass told a group of 18 potential jurors in New York state court on Tuesday as jury selection for the Manhattan trial continued.
The increasing frequency and strength of severe weather events is forcing the commercial real estate sector to grapple with how to assess future risks.
The deal reinforces the appeal of physical stores and will likely bring up the value of centers currently anchored by Albertsons, according to brokers.
The U.S. Interior Department said Tuesday it will auction five leases spanning 373,000 acres (151,000 hectares) off central and northern California, enough space to install turbines with more than 4.5 gigawatts of capacity.
The sales are the latest sign that the turmoil that has rocked the U.K. pension industry in recent weeks is still reverberating through financial markets. Pensions have been dumping stocks, bonds and collateralized-loan obligations as well as...
Once a niche play, DSTs have drawn the interest of institutional-grade sponsors to offer as an option to retail investors managing their real estate plays.
The city of Chicago owns some 10,000 vacant lots, with a large concentration in economically-challenged neighborhoods that have experienced decades of underinvestment. Selling them could help reduce overall crime. It could also boost affordable...
