By Washington Post | PUBLISHED: February 18, 2019 at 3:14 am | UPDATED: February 18, 2019 at 3:36 am By Elizabeth Dwoskin | The Washington Post Last May, officials in Midlothian, Texas, a city near Dallas, approved more than $10 million in tax breaks for a huge, mysterious new development across from a shuttered Toys R’ Us warehouse. That day was the first time officials had spoken publicly about an enigmatic developer’s plans to build a sprawling data center. The developer, which incorporated with the state four months earlier, went by the name Sharka LLC. City officials declined at the time to say who was behind Sharka. The mystery company was Google — a fact the city revealed two months later, after the project was formally approved. Larry Barnett, president of Midlothian Economic Development, one of the agencies that negotiated the data center deal, said he knew at the time the tech giant was the one seeking a decade of tax giveaways for the project, but he … [Read more...] about Google reaped millions of tax breaks as it secretly expanded its real estate footprint across the US
Leading real estate companies of the world
Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | In Price and Value, Chinese Phone Makers Outpace Apple in Much of the World Supported by ByRaymond Zhong Jan. 4, 2019 BEIJING — To most Americans, the names are unfamiliar, maybe a little hard to pronounce: Huawei, Xiaomi, Oppo, Vivo. They are China’s biggest smartphone brands. Around the world — although not in the United States — they are making the handset business brutally competitive. This week, after Apple warned of disappointing iPhone sales in China, industry observers said that devices from the Chinese brands were a major culprit. As the phone market in China reaches saturation and sales shrink over all, the country’s hardware makers are pushing hard, and increasingly winning fans, in places like France, Germany, India and Southeast Asia, where consumers find … [Read more...] about In Price and Value, Chinese Phone Makers Outpace Apple in Much of the World
On this day (Oct. 30) 80 years ago, actor Orson Welles announced to audiences in a chilling radio performance that Martians were invading New Jersey, leading terrified listeners to believe that Earth was under attack by hostile aliens. But the so-called news was fake. Welles' infamous broadcast was a dramatization of the H.G. Wells science-fiction classic, "The War of the Worlds," and was part of a weekly series of dramatic broadcasts created in collaboration with the Mercury Theatre on the Air for CBS, according to a transcript of the broadcast. Thanks to decades of space research, understanding of extraterrestrial life has come a long way since Welles' radio play, and it's generally understood that Mars isn't home to an advanced alien civilization with lethal weaponry and spacecraft. Public fascination with extraterrestrials still runs high; however, a modern announcement about alien creatures would likely spur a very different response today than "The War of the Worlds" did in … [Read more...] about ‘War of the Worlds’ Radio Broadcast Terrified Listeners 80 Years Ago. Would E.T. Contact Cause Panic Today?
source Shutterstock Cushman & Wakefield filed to go public on Wednesday. The company earned $6.92 billion in revenues last year, the regulatory filing showed. It’s counting on the continued growth of commercial real estate around the world and more participation from institutional investors in the property market. The commercial real estate giant Cushman & Wakefield has filed for an initial public offering. The filing, published on Wednesday, showed that the company is betting on the continued growth of commercial real estate around the world, and greater participation from institutional investors in the property market. Cushman & Wakefield employs about 48,000 people worldwide and operates in 70 countries. Its revenues have grown every year since 2015 and totaled $6.92 billion in 2017, the filing showed. As at the end of March, the company had over $3 billion in long-term debt. … [Read more...] about One of the world’s largest commercial real estate companies is going public
NEW YORK--(BUSINESS WIRE)--Apr 20, 2018--Global 50 law firm Goodwin announced today that Diana Brummer joined the firm’s Real Estate Industry Group as a partner in its New York office.Highly regarded within the real estate community, Brummer’s experience spans the spectrum of commercial real estate transactions with a particular emphasis on complex joint ventures, senior, construction and mezzanine financings (for both lenders and borrowers), acquisitions and dispositions, loan workouts, real estate recapitalizations and development. She also has considerable experience acting for institutional investors, pension funds, private real estate funds and public and private REITs, as well as their investment advisors.“New York continues to be one of the most vibrant destinations for commercial real estate transactions and a priority market for us in terms of shaping our capabilities to meet our clients’ evolving needs,” said Minta Kay, Partner and Chair of … [Read more...] about Leading New York Real Estate Transactional Lawyer, Diana Brummer, Joins Goodwin