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Related Makes Bid for CRE Lender Ladder Capital

Justin Metz, president of Related Fund ManagementA subsidiary of New York developer and investor the Related Cos. made a cash bid this past weekend to acquire commercial real estate lender Ladder Capital Corp. (NYSE:LADR).

Related Fund Management LL…

No Breaks for Tenants in Toronto

Pictured: Michael Betsalel, senior vice president of JLL Capital Markets.Multifamily units are selling for close to $200,000 in Toronto, but even at that price a new report from JLL says they are still trading well below replacement cost, and with litt…

Sam’s Club Abruptly Closes 63 Stores

Sam’s Club, a division of Wal-Mart Stores Inc. (NYSE:WMT), abruptly posted closure notices on 63 of its stores across the country yesterday.

The closings impact about 10% of its fleet of 660 clubs and are expected to affect about 10,000 employees, a…

Sam’s Club Closes 63 Stores

Sam’s Club, a division of Wal-Mart Stores Inc. (NYSE:WMT), abruptly posted closure notices on a number of stores across the country today.

Neither company has released any official statement, however an announcement on Sam’s Club’s official Twitter …