Manhattan’s Paramount Group received an unsolicited takeover bid early last month for about two-thirds of what the company was worth prior to Covid. Just a few weeks later, the real estate investment trust’s board...
Change is coming to one of commercial real estate giant JLL’s subsidiaries. LaSalle Investment Management announced this week that CEO Jeff Jacobson will step down effective Jan. 1. Jacobson, who has been in the...
The world was still feeling the aftershocks of America’s subprime mortgage crisis when Julien Haccoun landed his MBA and...
Three major real estate firms announced shake-ups to their leadership teams this week. Vornado Realty Trust’s chief financial officer...
CBRE Acquisition Holdings, a blank-check company formed by CBRE Group, has lowered the target deal size for its upcoming...
Reports of Domio’s demise have been greatly exaggerated, according to the company’s interim CEO. In response to a recent...
Flexible-office provider Industrious is partnering on a program with office landlords that will give tenants the ability to use...
A pattern has emerged among office landlords reporting their third quarter results: The vast majority of tenants kept up...
Another major real estate firm is hopping on the SPAC bandwagon. CBRE, the world’s largest real estate services firm,...
Cushman & Wakefield reported a net loss of $37.3 million in the third quarter, its second consecutive quarterly loss this year. The commercial real estate giant recorded $1.9 billion in revenue in the third...
