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Before the great recession, the airlines were bleeding cash, and most of the major carriers sought protection in the bankruptcy courts. They all emerged from bankruptcy after massive restructuring of bank debt and union contracts ready to roll into the next phase, the mergers of giants. A short list of airlines such as Delta, United and American remain, and they have figured it all out. …
SAN DIEGO—While they may profess optimism about residential development prospects in non-primary markets, many capital providers aren't opening their wallets just yet, say CCN's Matt Wyman and Erica Bose, who participated in recent PCBC panels here.
SANTA ANA, CA—When property management and investment are completely interwoven within one company, investors and third-party clients benefit tremendously, Structure PMG's Eric Kramer tells GlobeSt.com in Part 2 of this <b>EXCLUSIVE</b> two-part story.
IRVINE, CA—Once driven by housing and professional-services firms, the OC economy is now leaning on its highly talented and entrepreneurial labor pool for innovation and growth, JLL CEO John Gates tells GlobeSt.com in this <b>EXCLUSIVE</b> interview.
ANDOVER, MA—Griffin Capital Corp. of El Segundo, CA reports it has acquired a fully-leased office, research and development building here for $11.5 million, plus closing costs.
MONTREAL and CHICAGO—Beacon Capital's Channel Center in Boston and a Denver property have traded to the JV; still to come are closings on properties in Manhattan and Chicago.
NASSAU, THE BAHAMAS—The general contractor for the $3.5 billion Baha Mar resort p has hired four law firms and fires back at development firm's accusations of contractor delays.
ORLANDO—Pollack Shores Real Estate Group calls Atlanta home, but the firm does plenty of business across the Southeast and has taken a special liking to Florida.