Private equity firm Sycamore Partners plans to acquire department store chain Belk Inc. for $3 billion. Charlotte, N.C.-based Belk, which is the nation’s largest family-owned-and-operated department store chain, with close to 300 stores in 16 sou...
After the global financial crash, it seemed like the housing market would take years to work through its inventory of unwanted single-family houses—and it did. Investors bought hundreds of thousands of houses at low prices, often out of...
Micro-housing is hot, as it fits with national trends toward more renters who rent for longer periods of time, and a lower supply of affordable housing across the country. Not surprisingly, major cities lacking in housing—for instance, New...
