Category: Week in Review

Week-In-Review: Atlantic City’s Revel Revived, Watergate Hotel Returns to Washington, DC

CREWeek in Review (6)

  Atlantic City’s Revel Revived as Casino-Free Resort: Atlantic City’s Revel, a former resort and casino, planned to reopen this week, but it looks as though those plans fell through. The former resort declared bankruptcy twice and closed in 2014.…

Week-In-Review: Anbang’s Wu Cancels Speaking Engagement, Trump Hotel to Launch New Brand Concept

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Anbang’s Wu Cancels Appearance at NYC Real Estate Conference: Beijing based Anbang Insurance Group’s Wu Xiaohui abruptly cancels his appearance at the National Association of Real Estate Investment Trusts’ annual conference in New York City. He was scheduled to speak…

Anbang Faces Inspection & Boston Trumps San Francisco

CREWeek in Review (4)

Anbang Said to Face Inspection by China’s Insurance Regulator:The ever vague Anbang Insurance Group Co. may face a visit from the China Insurance Regulatory Commission, according to an undisclosed source. Anbang has made some large U.S. real estate acquisitions over…

IRR on Real Estate: Why Philadelphia Developers Love Bikes, and More Top Stories in CRE this Week

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It’s time for our monthly guest post from Integra Realty Resources and their blog, IRR on Real Estate! IRR on Real Estate: Why Philadelphia Developers Love Bikes, and More Top Stories in CRE this Week Here are the news stories…

Week-in-Review: Blackstone’s Profits Fall, Brookfield Closes $9B Property Fund

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Blackstone’s Profit Falls 77% in Quarter as Asset Sales Slow: The world’s largest manager of alternative assets, Blackstone Group LP, announced on Thursday the drop in their first quarter profits which fell by 77% from unstable markets. According to Bloomberg, Blackstone’s…