Luxury hotel REIT Braemar Hotels & Resorts is parting ways with its controversial chairman Monty Bennett and will pay a staggering $480 million breakup fee following a failed attempt to sell the company. The move signals a shift toward self-management for the high-end hospitality portfolio.
Luxury hotel REIT Braemar Hotels & Resorts is parting ways with its controversial chairman Monty Bennett and will pay a staggering $480 million breakup fee following a failed attempt to sell the company. The move signals a shift toward self-management for the high-end hospitality portfolio.
Long accustomed to demanding silence from local officials via nondisclosure agreements, hyperscale developers are now changing tactics as community opposition to data center projects reaches a boiling point nationwide. The industry's trademark confidentiality is being sacrificed to secure the critical community support needed to push massive facilities through zoning approvals.
Despite a record pool of eager debt providers competing fiercely for business, commercial real estate acquisition volume remains stuck. Macroeconomic headwinds and a bid-ask gap between buyers and sellers are freezing transactions that cheap capital cannot unlock.
Traditional department stores are losing ground to entertainment concepts as the primary traffic drivers in shopping centers. Operators pivoting to bowling alleys, pickleball complexes, and immersive dining experiences are capturing longer dwell times and higher per-visit spending.
A comprehensive look at the national office market heading into 2026 — from tightening availability in gateway cities to the Fed's rate path and REIT performance.