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February 22, 2024

Tilman Fertitta Says He’s In Serious Talks To Bring An NHL Team To Downtown Houston

Tilman Fertitta’s discussions with the National Hockey League about bringing a team to the city are getting weightier, according to the Houston billionaire who first floated the idea of a hometown NHL team seven years ago.

Tilman Fertitta Says He’s In Serious Talks To Bring An NHL Team To Downtown Houston

Fertitta is angling to bring a professional hockey team to Downtown Houston, where he owns restaurants, including Vic & Anthony’s Steakhouse, The Palm and McCormick & Schmick’s, he told Bloomberg News in an interview Tuesday. The restaurateur and casino owner has eyed moving a team to Houston…

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Largest U.S. Hospital Landlord Reports $664M Loss, Plans To Sell Assets

The nation’s largest hospital landlord, Medical Properties Trust, on Wednesday revealed its losses from struggling tenant Steward Health Care are deeper than previously reported, and it is lending the operator more money as it tries to right the ship.

The REIT recorded $772M in write-offs and impairment charges primarily linked to Steward, it said in its fourth-quarter earnings release, and it said it agreed to provide another $37.5M in loans to Steward to keep its largest tenant operating. 

Largest U.S. Hospital Landlord Reports $664M Loss, Plans To Sell Assets

That comes after MPT said in January it recorded $350M in write-offs related to Steward, lent the operator $60M and hired a restructuring specialist, an announcement that ignited concerns over MPT’s financial health and business practices.MPT is working to shore up its finances and pay off its debts by generating $2B…

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Revealed: Distress Specialist Raises $2B For New Fund

Revealed: Distress Specialist Raises $2B For New Fund  

One of the largest opportunistic investors in real estate is raising capital for a new fund looking to profit from the upheaval in the market, Bisnow has learned. But the new fund appears to have no love for the distressed office sector.  Lone Star Funds has raised $2B for its…

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SURVEY: The Pandemic And A Rocky Year Took A Toll On Everyone. How Are Women Faring?

SURVEY: The Pandemic And A Rocky Year Took A Toll On Everyone. How Are Women Faring?  

The last time Bisnow took a deep dive into how women in commercial real estate were feeling about their roles in the industry and the path ahead, it coincided neatly with the two-year anniversary of the onset of a pandemic that turned everybody's world upside down, yet likely hit women hardest.

For some women, the black swan event represented a major step backward, pushing them into exhausting triple duty as professionals, caregivers and educators and delaying their career progress. For others, it  highlighted longstanding wounds, though the crisis also offered  unique opportunities to surmount them, create something new and build…

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