Ares buying real estate manager Black Creek

Ares buying real estate manager Black Creek

Black Creek had roughly $11.6 billion as of March 31 in core and core-plus real estate assets in two non-traded real estate investment trusts and various institutional funds, according to a joint news release. Some $6.4 billion of Black Creek’s total AUM is …
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Maui County Hotel Occupancy Continues to Increase, At 62.1% for April 2021

For April 2021, Maui County hotels led HawaiÊ»i counties in revenue per available room at $300, with the average daily rate at $483 and the occupancy rate at 62.1%, according to the latest HawaiÊ»i Hotel Performance Report published by the HawaiÊ»i …
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Oatly, Procore debuts calm US IPO jitters

A sudden drop in the stock market, driven by concerns over inflation, pushed investors into safe-haven assets and prompted them to dump risky stocks. As these fears eased this week, the volatility that hampered IPOs subsided.
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Cut Wire Causes 911 Outages in 4 South Carolina Counties

CHARLESTON, S.C. (AP) — A cut wire stopped 911 lines in four South Carolina Lowcountry counties from working Thursday. Officials in Berkeley, Charleston, Colleton and Dorchester counties set up regular phone lines to handle emergencies after the AT&T …
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Dozens testify on bill to create consumer-owned utility in Maine

If lawmakers agree, voters would decide in a statewide referendum later this year whether to stick with CMP and Versant or make the historic transition to a consumer-owned utility. “Every month right now, …
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