National
Legg Mason Diversifies Revenues with Clarion Partners Buy
Legg Mason’s $585 million purchase of Clarion Partners “will diversify Legg Mason’s assets and revenue stream to benefit our shareholders,” according to the company’s CEO.
Newly Rebranded Ten-X Promotes Executive VP Rick Sharga to CMO Position
The newly appointed CMO will be in charge of branding, marketing, and corporate communications for the newly renamed online service.
Breaking News: Legg Mason Buys Clarion Partners
After months of rumors, Legg Mason confirmed that it will acquire majority ownership of Clarion Partners from Lightyear Capital.
Bernanke: Recession Not Imminent
At the 2016 National Multifamily Housing Council’s Annual Meeting, former Fed Chairman Ben Bernanke shared his insights on the state of the U.S. economy.
Reonomy Hires Veteran Start-Up Entrepreneur as Chief Operating Officer
Brooks Pettus joins growing CPE technology company Reonomy as its first chief operations officer.
Inland Private Capital Enters Self-Storage Biz
Inland Private Capital Corp. has formed a strategic partnership with Metro Storage LLC, marking the launch of its self-storage investment platform it hopes to expand nationwide.
Greysteel’s John Mullen Climbs the Corporate Ladder
In his current position at Greysteel, Mullen will oversee large private capital and institutional transactions, while also focusing on new responsibilities concerning the Los Angeles scene.
Moinian Group Enters the Tech Investment Game
The CRE veteran’s new tech funding arm has made its first move with an investment in Paintzen, a paint concierge platform that’s changing the industry.
Economy Watch: E-Commerce Makes Inroads in Holiday Sales
A recent Custora report gives a wake up call to retailers as shoppers are increasingly making their purchases online, including during the holiday season.
Brookfield Makes a Move for Rouse
Brookfield made an unsolicited $657 million takeover bid for Rouse Properties, hoping to boost its one-third ownership of the retail REIT.