After a surge of office leasing in the City of London last year, activity has declined, raising challenges to developments that have just opened or that are under way. Tenants in the City leased more…
After several years battling disasters—both natural and man-made—at Michael Dell’s resorts in Hawaii and California, the investment fund that manages the billionaire’s personal fortune is trying to reboot his hotel empire. MSD Capital LP, which…
Two dramas are playing out in today’s seniors housing market. While distressed properties can’t find buyers and eventually sell at a steep discount, top-quality projects often become the subject of bidding wars. MBK Senior Living…
Debt-laden Centro Properties Group agreed to sell its 588 U.S. shopping centers to private-equity giant Blackstone Group LP for $9.4 billion in a deal that will allow Centro’s Australian operations to continue as a stand-alone…
Vying for a role in the restructuring of well-known luxury resorts in bankruptcy court, an affiliate of the Government of Singapore Investment Corp. is setting the stage for a potential battle with a group including…
The performance of hotels continued to improve in February. The percentage change in the 12-month average of revenue per available room continued to rise during the second week …