News
Long-Term Durability
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Forward Momentum
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
Raising Capital
(U.S. equity REIT year-to-date 2014 offerings by sector; $ in billions)
Mille Lacs Corporate Ventures Buys Embassy Suites Oklahoma City
In an attempt to further diversify its business holdings, Mille Lacs Corporate Ventures recently announced the purchase of the 236-room Embassy Suites Oklahoma City hotel.
Greg Power Acquires Landmark Carew Tower
Greg Power, a commercial real estate broker and investor from Cincinnati, has recently acquired one of the city’s most iconic buildings, the Carew Tower. His first act as new owner was to raise a flag on the flagpole at the top of the 574-foot skyscraper.
BGC to Acquire ARA for $110M
Global brokerage company BGC Partners, parent of Newmark Grubb Knight Frank, is buying Apartment Realty Advisors for approximately $110 million.