Regions
Rumors of Legg Mason, Clarion Deal Heat Up
Legg Mason, the Baltimore-based global asset manager, could soon be the new majority owner of real estate investment manager Clarion Partners in a deal valued at $850 million.
Alter Group Alters its Name
The noted national commercial real estate development firm known as the Alter Group has changed its name.
Intrawest Resorts Hires New President of Real Estate
Craig Cohn, the new president of real estate, will oversee Intrawest’s real estate planning and development.
HFF Secures $30M Refinancing for Hawaii Hotel Portfolio
HFF lines up long-term refinancing loan for two hotel properties in Honolulu.
Macy’s to Close More Stores, Seek Partnerships
Hours after Macy’s announced its store in the Irvine Spectrum Center was closing, the Irvine Co. released plans for a major $150 million reinvestment plan.
Bosch to Open New Technology Center in Pittsburgh
Akustica and Bosch’s Research and Technology Center will relocate to Oxford Development’s 3 Crossings complex in the Strip District in July.
Cushman & Wakefield Welcomes New Executive Vice Chairman
Mark Weiss has left NGKF behind to join Cushman & Wakefield’s New York office as executive vice chairman.
New Embassy Suites Blossoms in the Sunflower State
A 200-suite Embassy Suites by Hilton hotel is now officially open in the South Kansas City metro area.
Taubman, Macerich to Buy Big in Kansas City
Taubman Centers Inc. and the Macerich Co. have agreed to purchase Country Club Plaza, a 1.2 million-square-foot retail and office asset.
RCS Capital Makes a Deal
The investment company RCS Capital Corp. announced a financial restructuring plan that includes a voluntary petition for a prearranged Chapter 11 bankruptcy.