Commercial Real Estate Week in Review-Week of May 16-22
-Our office neighbor Hersha Hospitality Trust is betting on the New York hotel sector, as they increased their exposure by purchasing a 113-room Holiday Inn.
-Welsh Property Trust and Campus Crest Communities are going public. Their IPO’s are. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Shares of Apple Inc. (NASDAQ: AAPL) were trading lower by around 1.50 percent early Thursday morning in reaction to a concerning report from Taiwan s Economic Daily News relating to iPhone 8 production.
Apple may have requested a 50 percent cut in orders for the iPhone 8 possibly due to poor. Read More.
SoftBank Group Corp (OTC: SFTBY) is planning to launch two more SPACs.
What Happened: The two SPACs aim to raise a total of $550 million in their IPOs, Reuters reported, citing regulatory filings.
SVF Investment Corp 2 would offer 20 million shares and warrants, and SVF Investment Corp 3 would. Read More.
Public, a commission-free and fractional trading investing app, formally announced the closure of a $15M Series B funding round, led by Accel and Greycroft, Will Smith’s Dreamers VC, NFL star J.J. Watt, Girlboss founder Sophia Amoruso, creator and entrepreneur Casey Neistat, Behance founder. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to:
Quote To Start The Day: We can do anything we want to if we stick to it long enough.
Source: Helen Keller
One Big Thing In Fintech: Square, a fintech company that serves both individuals and companies, announced that it has purchased a majority stake in Tidal, a music streaming service. The deal,. Read More.