Lightstone Value Plus REIT Buys Hotels

Thursday, January 3, 2013

LVPR pays $21 million for 3 Marriott-branded properties in Iowa and Ohio NEW YORK — Lightstone Value Plus Real Estate Investment Trust, Inc. (“LVPR”) announced today that it…

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Barnett sells Sitt Carlton House retail for $277M — may be a record for Madison Avenue

Wednesday, January 2, 2013

Joseph Sitt’s Thor Equities has purchased from Extell a block-long retail space in the former Helmsley Carlton House on Madison Avenue for $277 million  — one of the highest total prices ever…

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David Edelstein and Sam Nazarian partner to launch Raleigh Hotel Brand

Monday, December 24, 2012

LOS ANGELES – New York-based developer, David Edelstein, and Los Angeles-based hospitality group, sbe, helmed by its Founder, Chairman and CEO, Sam Nazarian, announced the joint acquisition of…

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Better Place unveils new strategy

Tuesday, December 18, 2012

Better Place Inc. will expand its business focus to offer infrastructure recharging and management services to the world’s electric carmakers, Better Place CEO Evan Thornley revealed today. He…

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Berkowitz’s Returns Rise From Worst to First as AIG, BofA Rally

Tuesday, November 27, 2012

Bruce Berkowitz’s Fairholme Fund is poised to post its best year in a decade, led by the rebound of financial firms that fueled what he called a “horrible”…

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