Tag: CRE

Top 10 Most Expensive Retail Buyouts

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Hot Topic Price: $625.5M Sycamore Partners purchased Hot Topic at $14 per share in cash that totaled over $600 million. Financial advisory was backed by Guggenheim Securities for Hot Topic and BofA Merill Lynch advised Sycamore Partners. The specialty realtor sells…

Mensch & Schlemiel of the Week

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Mensch of the Week:  Tawan Davis, 1st CEO of The Steinbridge Group Last week, New York City based Steinbridge Group appointed it’s first ever CEO. Who’s the lucky winner who will oversee the transaction pipeline and daily operations of the…

Top 5 Wealthiest Hotel Owners

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Phillip Ruffin  Las Vegas Treasure Island  Networth: $2.5 Billion Originally a college dropout, billionaire Philip Ruffin began accumulating his wealth by purchasing convenience stores in 1959. Ruffin went on to open 60 locations throughout the Midwest all from his own self-service…

Mensch & Schlemiel of the Week

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Mensch of the Week:  Mark Worley, New President & COO, RCG Ventures LLC Our mensch this week is Mark Worley who recently earned the position as the New President & COO of Atlanta-based RCG Ventures LLC, according to Commercial Property…

State of Multifamily: April

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It’s time for our monthly update on the state of the multifamily housing sector. As usual, ABODO provided us with the helpful infographic below that sums up April 2016’s apartment report for the nation: According to the ABODO infographic report, the…