Private equity giant Apollo Global is taking craft retailer Michaels private for $5B and purchasing Sheldon Adelson's former Las Vegas businesses for $2.25B.
M&S, which owns a big slug of property, is being targeted in a potential takeover.
The Hilton Times Square is the latest Manhattan hotel to sell at a massive discount.
Apollo Global Management is making a big investment in data center developer Yondr, helping fund its expansion in the U.S. and Europe.
Apollo Commercial Real Estate Finance CEO Stuart Rothstein said the the velocity of sales remains behind expectations.
Arden has owned the sixth largest hotel in Atlanta through the pandemic, which has hampered its business.
The bank has $73.6B in loans on its books, including $2.6B in commercial real estate loans.
Miami-based Terra Group sold the 13-acre development called 16000 Pines Market after building the property across two phases in 2020 and 2022.
The $95M loan has been assigned to substitute trustees.
Despite Apollo's Tifco portfolio failing to meet the investor's bid expectations, Dublin hotels should enjoy a strong 2024, DLA Piper said.
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