Real Estate Blog
New Yorkers keep moving to Philadelphia, and local Realtors say the influx has ‘raised the bar’
New York City hemorrhaged residents during the pandemic — and many of them have relocated to Philadelphia.
Long-delayed redevelopment near Arlington’s Courthouse neighborhood might finally take off
Plans to remake the site has stalled for more than a decade.
Thursday Digest: Asana stock pops; Six Lucid executives exit
Meanwhile, a Walnut Creek apartment complex has sold for top dollar.
EQT’s $5.2B oil and gas deal; Avaya job cuts: The National Observer Sept. 8, 2022
Good morning, readers.
Our top story today concerns natural gas producer EQT Corp.'s acquisition of two portfolio companies under Quantum Energy Partners. This story jumped out at me for a few reasons even beyond its high-dollar price tag.
For one thing, the seller, a Houston private equity firm, is getting paid in equity rather than cash. The way this usually works is that a private equity company provides portfolio companies with resources to grow for a certain phase of the corporate life cycle,…
Cincinnati-based P&G plans $180 million expansion of St. Louis manufacturing plant
Cincinnati-based Procter & Gamble is planning a $180 million expansion of one of its Midwestern manufacturing facilities.
U.S. Bank leaving downtown Phoenix tower to consolidate staff in Scottsdale
The high-rise office tower, and second-tallest building in Arizona, was home to the bank for nearly 20 years. Now the company is consolidating its office space at another location in the Valley.
National developer plans to open Phoenix office, bring more industrial projects to Valley
A longtime commercial executive in the Phoenix region was recently hired to lead this company's new Valley office and oversee its plans for future industrial development.
Kimberly Sherman Stamler: One woman, with a multitude of causes
It was a love of cities that first got the president of Related Beal into the field of real estate. And it's a love of one city in particular — Boston, her adopted home — that drives her wide-ranging work with nonprofits.
Executive Voice: He charts Shaw University’s new path in Raleigh real estate
Shaw University in downtown Raleigh is on a path to transform its campus to capitalize on the rapid development in the area. Kevin Sullivan, with his extensive experience at other universities, is charting the course.
Portman to start construction next month on South End apartment tower
Construction on a 24-story apartment tower at 2161 Hawkins St., currently home to Sycamore Brewing, is slated to begin next month.