News/Events
Sunday Summary: Seven. Hundred. Fifty. Billion.
Three-quarters of a trillion dollars can buy you pretty much anything you want. If you took the gross national product of Chile, and added the GNP of Colombia, you’d still have more than $100 billion left — and that can also get you pretty much anything in the known world. Well, J.P. Morgan Chase has…
Ryman Hospitality To Pay $1.4B For Orlando Resort Complex
Trinity Investments and Elliott Investment Management pocketed a nine-figure gain in their eight-year ownership of the property.
Anthropic Strikes Data Center Development Deal With Macquarie, GIC
The trio are launching Theseus Infrastructure to fund development of Anthropic-anchored hyperscaler sites.
JBG Smith Says Loss Is Improbable From $356M Wardman Tower Ruling
JBG Smith is planning to appeal the $356M legal judgment involving the Wardman Tower condominium in Woodley Park.
Wendy's Plots More Closures Amid U.S. Sales Slump
Wendy's has already closed 245 stores this year. Burger King has surpassed it as the nation's second-largest burger chain.
Houston's Generation Park Lands Another $2.3B Pharma Manufacturing Investment
Bristol Myers Squibb is set to invest $2.3B in Houston's Generation Park for a modular pharma campus, creating 500 jobs.
More CMBS Borrowers Are Slamming Into The $65B Maturity Wall
Rising 10-year Treasury yields and a recognition that relief isn't coming are helping push deals in the CMBS market across the finish line.
Wall Street Anxiety Pushes Meta Into The Neocloud Business
Facing investor skepticism over its AI spending, Meta is planning to offer some of its computing capacity to other AI firms as a path to short-term revenue.
Comcast Consolidates To 140K SF In Times Square
Comcast consolidates space at Times Square's 1540 Broadway for its ad sales and tech arm.
