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LOS ANGELES—The Los Angeles City Council votes to add the Build Better L.A. initiative, which would require that developers reserve a percentage of new units for low-income residents, to the November ballot.
NEW YORK CITY—Financial markets across the globe “entered a tailspin” as the results of Thursday's referendum on European Union membership became clear, trade credit insurer Atradius said Friday.
NEW YORK CITY—The all-cash merger with an affiliate of Brookfield Asset Management, valued at $2.8 billion including the assumption of debt, is expected to close in early July.
IRVINE, CA—This Utah travel-and-leisure market boasts 14 ski resorts, five national parks and major festivals, among the many reasons investors are drawn to the region, ValueRock's Paul Quintiliani tells GlobeSt.com <b>EXCLUSIVELY</b>.
NEWPORT BEACH, CA—While most borrowers don't need to know the intricacies of regulations like Basel III and Dodd-Frank, it's important to understand how they will impact the cost and availability of capital going forward, Knightsbridge's Bill Campbell tells GlobeSt.com <b>EXCLUSIVELY</b>.
LONDON—The results are in from Thursday's referendum on U.K. membership in the European Union, and with votes to “leave” topping those to “remain,” financial markets are expected to tank.
CHICAGO—The expected sale of the iconic building will probably result in its transformation from office to mixed-use, and the latter should see greater growth in the next few years.