Insurance giant MetLife has reached a deal to buy PineBridge Investments from Hong Kong billionaire Richard Li’s Pacific Century Group. The agreement is valued at $1.2B, Bloomberg reported.
The Container Store has filed for bankruptcy protection but plans to continue operations as normal, the company announced Sunday night. The storage-focused retailer filed for Chapter 11 bankruptcy ...
Property owners are avoiding transacting in today’s market, instead carrying forward the year’s dominant strategy of securing short-term extensions and other loan modifications as both ...
Five Points Development has scored a key approval for a luxury skyscraper that will tower over NoMad but hold just over two dozen units. The New York Attorney General signed off this week on ...
The pandemic forced hospitals to reckon with the realization that their real estate portfolios were ill-equipped to meet patient needs. As a result, many quickly abandoned their strategic long ...
Property managers don’t like hounding tenants about unpaid bills. But as apartment owners face issues with high rent delinquencies, they need someone to do it. So some of the nation’s ...
Company CEO Barry Litwin told corporate employees in a meeting Friday that Party City is "winding down" the business immediately, CNN reports. Litwin told employees that Friday was their last day ...
There’s been a lot of handwringing about the Philadelphia office market in 2024, but JLL data provided exclusively to Bisnow shows there was still demand for new leases this year, particularly ...
Social media behemoth Meta on Dec. 4 announced plans to build its largest-ever data center campus in Richland Parish, Louisiana, an agricultural region in the northeast part of the state.
Ezee Fiber committed to lease 94K SF in a 567K SF office and data center building in Southwest Houston. The internet service provider will consolidate its two Houston locations into this lease ...
Party City Holdco Inc. is considering bankruptcy within the next couple of weeks for the second time in two years, Bloomberg reported, citing anonymous sources. It has stopped paying rent at some ...
From big law firm moves and office buildings selling at steep discounts to developers’ love affair with data centers and a notorious investor getting charged with fraud, there were several big ...