The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. Tyrone Siu | Reuters BEIJING — Highly indebted property developer China Evergrande will likely default because the company has essentially lost its main business, S&P Global Ratings analysts said in a report Thursday. Evergrande was
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Kent Weakley | Getty Images Rents for single-family homes increased 10.2% nationally in September year over year, up from a 2.6% rise in September of last year, according to a new report from CoreLogic. Improved job growth and sky-high prices in the for-sale housing market added to already strong demand for single-family rentals fueled by
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Call it the phoenix of Greeley Square. The landmarked, but empty and construction-marred Martinique Hotel will soon rise from the ashes, thanks to a just-closed, hard-won leasehold purchase of the long-troubled property at Greeley Square. The previously bankrupt hotel will reopen in stages starting as early as December, although 12 to 18 months of mostly
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