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StockX Valued 35% Higher At $3.8B In Latest Funding
StockX LLC said Thursday it has raised $255 million in a funding round led by existing investor Altimeter Capital and Dragoneer Investment Group as a new investor, valuing the e-commerce startup at $3.8 billion. read more.....»»
UBS renews lease at downtown office tower
This Swiss employer is choosing to stay put in its namesake tower, according to a statement......»»
Luzzatto Co. buys more creative office space
The seller, Lion Real Estate Group, tripled its investment in the property in just over three years......»»
Raymond James names Doug Brigman as new leader of insurance group
Brigman is a longtime veteran of Raymond James, having begun his time with the financial giant 12 years ago......»»
Real Estate Roundup: Law firm renews lease at Shipt Tower
A law firm has renewed its lease at Shipt Tower downtown......»»
Huge losses on derivative trades at Geode Capital Management force hedge-fund business shutdown: WSJ
Huge losses on derivative trades at Geode Capital Management have forced the giant investment firm to close down its hedge-fund business......»»
Stifel buys North Atlantic Capital"s venture investment business
The financial services giant said the deal involves a company it said aligns well with its expertise in institutional research and investment banking services......»»
Joint Venture plans 70-acre community in Southside
A joint venture between a Los Angeles-based capital group and a Boston-based real estate investment firm announced it will develop a 180-unit townhome community in Southside......»»
More than 50 years after the Civil Rights movement, Black Americans still face discrimination in banking. But pro sports teams can help change that.
The NBA's Atlanta Hawks announced a partnership with a group of Black banks. This strategy would do wonders to uplift Black capital nationally. A general view of the court h.....»»
Exclusive: GrayStreet Partners sells historic six-story Vogue Building downtown
The local investment group sold one of its early buys in the urban core......»»
Warehouse Automation: What"s In Store For 2021
Among the select group of people who had a banner year in 2020 are founders of warehouse robotics startups, who saw venture capital investment in warehouse automation shoot up more than 50%. read more.....»»
Imagination, BAIC Capital to form automotive chip JV
Imagination Technologies announced recently it has struck a deal with BAIC Capital, a Beijing-based investment unit of China's state-owned automaker BAIC Group, to initiate the establishment of an automotive fabless semiconductor company......»»
A new bailout fund for retailers — this time from a big landlord
Brookfield Asset Management, the Canadian investment group that is one of the largest operators of US shopping malls, is launching a $5 billion rescue fund for retailers that need extra capital to weather the coronavirus pandemic......»»
Amber Capital: no plans to sell Lagardere stake and it may even raise it
The founder of activist investment company Amber Capital, which lost out this week in a bid to shake up the governance at French group Lagardere , said on Wednesday he had no plans to exit his stake in Lagardere and added that he could even raise it......»»
Parsley Energy paid $2.8M to terminate portion of downtown Austin lease
Cousins Properties, one of Austin's largest office landlords, provided some details on Parsley Energy terminating part of its lease at Colorado Tower as well as updates on other projects in the Texas capital......»»
Exclusive: Investors to challenge Neiman Marcus bankruptcy loan, push for sale - sources
An investor group that comprises investment firm Mudrick Capital Management LP and Daniel Loeb's h.....»»
Prime Group to build 6-story headquarters in downtown Saratoga Springs
The real estate investment group owns and manages more than 300 self-storage centers in 26 states, totaling at least 16 million square feet of rentable space worth more than $2 billion......»»
Law firm renews 117,000 s/f lease
Despite the dramatic business downturn associated with the COVID-19 crisis, Onyx Equities’ leasing and capital markets teams report several no.....»»
Alibaba"s $28 billion investment in cloud infrastructure will help it compete with US tech giants outside of China (BABA, MSFT, AMZN)
Chinese e-commerce giant Alibaba announced that it would invest RMB 200 billion ($28 billion) in building its cloud infrastructure over the next three years, according to TechCrunch. Jeff Zhang, president of Alibaba Cloud Intelligenc.....»»
Amazon Analyst Says This "Strategic Asset" Could Bring $15B In Revenue
E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) spent $39 billion in retail capital expenditures over the last six years — $60 billion including capital leases — to create significant fulfillment infrastructure and delivery .....»»