Citigroup Inc.

L'Auberge Del Mar in San Diego

Blackstone to Acquire LaSalle Hotel Properties for $4.8B

The deal, expected to close in the third quarter, includes 41 properties totaling more than 10,000 guest rooms in 11 markets.

Brexit Reveals Europe’s Future Financial Hubs

As negotiations for Brexit unfold between the U.K. and the European Union, and many arrangements are still in limbo, several European capitals have emerged as contenders in the race for the next financial centers of the E.U.

JV Snags IL Office Park for $129M

Equity Office Properties Trust disposed of Central Park of Lisle I and II, an office campus in Lisle, Ill. HFF marketed the property on behalf of the seller and procured the buyer.

Mission: Success—Ed Sachse

During his 30-year career, this real estate professional has worn many hats: accountant, broker, property manager and cancer survivor. Today, he presides over Kennedy Wilson’s property services group, where he’s at the forefront of downtown L.A.’s groundbreaking reemergence.

Blackstone Closes $1B CLO

The CRE collateralized loan obligation, which diversifies the company’s funding sources, is the largest of its kind since the financial crisis.

Showplace, High Point, N .C.

Blackstone Closes International Market Centers Acquisition

The company purchased the world’s largest owner and operator of premier showroom space for the furnishings, home decor and gift industries from Bain Capital Private Equity and funds managed by Oaktree Capital Management.

Economy Watch Weekly: Retail, Industrial Jobs Susceptible to Automation

Eighty percent of jobs in industrial-related industries and 63 percent of jobs in sales are at risk of disappearing as technology advances, according to a recent Citi report. Economy Editor Dees Stribling has the latest, for the week ending Sept. 8, 2017.

Economy Watch: Tech Set to Disrupt Retail, Industrial Employment

Many jobs in the transportation, warehousing and logistics sectors are at risk of automation, according to a new Citi report, but how these changes will impact real estate is not yet clear.

50 Broadway

50 Broadway Lands $62M in Financing

Cushman & Wakefield arranged the financing on behalf of the UFT, who purchased the building in 2002 for $54 million and is currently leasing 90,000 square feet.

Citigroup Nabs Class A Tampa Office Park

The asset is home to approximately 5,600 Citi employees, who serve in a variety of different functions, including client services, finance, human resources, and legal and risk services.