£195M Loan From U.S. Big Beasts Is Vote Of Confidence For Hospitality Sector
Brookfield-backed company secures debt for expansion.
Brookfield-backed company secures debt for expansion.
China Oceanwide Holdings, with $3.5B worth of unfinished U.S. developments, is following the same path as Evergrande, which won't be bailed out by China.
Simon Property Group may be preparing to surrender two more malls to lenders, with a third suffering an 84% drop in valuation after a recent appraisal.
Mall giant Unibail-Rodamco-Westfield plans to sell its U.S. properties, likely at a loss.
The flood risk to U.S. commercial properties is going to grow over the next 30 years.
Cineworld operates more than 500 theaters in the U.S.
For now, the demand for multifamily is stronger than the bubble chatter circulating the sector.
Barings U.S. Head of Real Estate Research and Strategy Dags Chen spoke the day after the Federal Reserve raised its benchmark rate by another 0.75 points.
Whether by choice or by default, the company is sticking with Oceanwide Plaza.
The proposed bypass would cut through a section of Prosper where several developments are preparing to break ground.
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