News
Loosened Reins?
(national cap rate performance based on properties and portfolios of $2.5 million and greater)
Mitigated Moves
(employed and unemployed persons by occupation; not seasonally adjusted; number in thousands)
Better Beginnings
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
MGM, Hakkasan Group Form JV Hotel Company
MGM Resorts International and Hakkasan Group have partnered before, but now the two companies are taking their relationship to the next level with the creation of MGM Hakkasan Hospitality, a joint venture hotel management company.
International: W. P. Carey Finances Construction of Wartsila’s R&D, Training Complex in Netherlands
W. P. Carey will finance the construction of a two-building complex in the Netherlands for the global industrial company Wartsila.