Chinese Firm Buying AMC Movie Theater Chain for $2.6 Billion

In another sign of an increasingly global economy, Dalian Wanda Group Co., Ltd. announced it has struck a deal to acquire the second-largest movie theater operator in the U.S., AMC Entertainment Holdings, Inc., for $ 2.6 billion. Wanda said the purchase will create the world’s l
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Property Taxes in Tenerife

There are three conditions under which you will be required to pay taxes in connection with property in Tenerife. Firstly when you purchase a property, secondly when you own a property and thirdly when you sell a property. This article provides background information on the taxes paya
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Say What? Kraft’s name becomes a joke

“MONDEWHAAAAT?” Business News Headlines – Yahoo! News
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Historic Facebook debut falls flat

SAN FRANCISCO (Reuters) – The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Face
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Gaia, Starwood Acquire and Recapitalize 9,500-Unit Multifamily Portfolio

Gaia Real Estate and an affiliate of Starwood Capital Group agreed to invest $ 22.5 million of new equity to acquire and recapitalize PJ Finance Co., which filed for Chapter 11 bankruptcy protection in March 2011 and reemerged as a going concern on May 11, 2012. PJ Finance’s ass
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Aztec Group Secures Financing for Winn-Dixie

Aztec Group, Inc. secured a $ 7.02 million permanent loan for the Winn-Dixie property located at 3725 Coral Way in Miami, Florida. Jason Shapiro and Jim Fried, managing directors of Aztec Group arranged the financing for the borrower. Constructed in 1990, the Winn-Dixie is located on
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Another Spin for Judy Garland’s Place

Judy Garland’s former Bel-Air home Her Kansas home in “The Wizard of Oz” flew through the air. Now a Bel-Air house that was home to a young Judy Garland has flipped, selling for the second time since last year for $ 6,772,669. The Wallace Neff-designed house sold in
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Wall St Week Ahead: The market is oversold, but major signs say “sell”

NEW YORK (Reuters) – Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the corporate earnings seas
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Construction Complete on Historic Castle Park Apartments

National Real Estate Investor
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CoStar’s People of Note (May 13-19)

This week’s People of Note includes the following markets: Austin, Chicago, Houston, New York City, Philadelphia, Phoenix, San Antonio and Washington, DC. AUSTIN Transwestern Expands Investment Services Group By Dennis Bozzell Transwestern’s Central Texas region added Leah Galla
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