The Indianapolis Metropolitan Planning Organization chose 28 area projects to receive funding. It received requests for 69 projects totaling $180 million.
The deal would be Saudi Aramco's first large purchase of American gas and signals that the country wants to extend its energy industry beyond oil.
Recent commercial real estate transactions in New York. : This five-story walk-up in the Fordham Heights neighborhood was built in 1925 and has 54 apartments. One is a studio, 31 are one-bedrooms, 13 are two-bedrooms, eight are three-bedrooms and one is a four-bedroom unit. The selling price is more than 11 times the total rent roll. All of the apartments are rent stabilized. The Egami Group, a marketing and communications agency, will move its headquarters 10 blocks north, to the 10th floor of a 16-story building in the garment district.
Occidental Petroleum Cfo Cedric Burgher To Be Keynote Speaker On Day One Of The Oil & Gas Conference(r) 2019
DENVER, May 22, 2019 /PRNewswire/ -- EnerCom is pleased to announce that Senior Vice President and Chief Financial Officer of Occidental Petroleum (NYSE: OXY) Cedric Burgher will deliver the luncheon keynote address on Monday, August 12, 2019, at EnerCom's The Oil & Gas Conference(r) in...
Private equity fund Vista Equity Partners has emerged as one of four U.S. bidders vying for a majority stake in WPP's data analytics firm Kantar, two sources close to the deal told Reuters.
It's the largest purchase order by any company in the U.S.: Delivery giant UPS plans to buy a whopping 170-million-gallon equivalent of biogas converted from waste sources from provider Clean Energy over the next seven years to power its fleet of natural gas trucks, the company announced on Wednesday. The contract is a big deal because it's the largest of its kind, ever, in the United States. It also highlights how waste gas, also called renewable natural gas, is moving from a niche product into a more widely available zero-emission fuel source for private and public fleet operators.
A third of British lawmakers called on Wednesday for their 700 million pound ($885 million) parliamentary pension fund to divest its holdings in fossil fuel companies to address the climate change "emergency".
HUD Secretary Ben Carson doesn't seem to know the meaning of the term REO, reports MarketWatch. Detroit approves a $1.6 billion Fiat Chrysler plant, according to the Associated Press. These are among today's must reads from around the commercial real estate industry.
Pension fund commits $100m to Real Estate Debt Strategies IV. : Illinois Municipal Retirement Fund (IMRF) is among investors in Blackstone's latest global real estate debt fund. The $40.7bn (EUR36.4bn) pension fund said it had committed $100m to Blackstone Real Estate Debt Strategies (BREDS) IV. It is not known how much capital Blackstone is seeking to raise for the fund, but it secured $4.5bn for its predecessor in 2016.
Healthcare clinics are becoming more attractive retail center tenants, investors are willing to pay more for well-positioned retail assets in high-growth secondary markets.