Blackstone Group pushed past Brookfield Property Partners last year to become, yet again, the world’s largest real estate manager. Blackstone grew its real estate assets to $160B in 2016, marking a more
Commercial Real Estate
Marriott Buys Starwood for $12.2B, Becomes World’s Largest Hotel Owner
The combination would own or franchise more than 5,500 hotels in more than 100 countries with 1.1 million rooms. It would generate pro forma fee revenue of $2.7 billion annually. more
YEAR IN REVIEW: South Florida’s Largest Commercial Real Estate Sales of 2016
Only especially deep-pocketed investors can shell out $100 million-plus for a deal. In 2016, many of these investors were fixated on Miami-Dade County with 10 deals in that price range. more