AIG Appoints Adam Burk as Global Treasurer and Head of Corporate Development

Adam-Burk-Photo-Business-Wire

American International Group, Inc. (NYSE: AIG) recently announced the appointment of Adam Burk as Global Treasurer and Head of Corporate Development, effective immediately. He will continue to report to Sabra Purtill, Executive Vice President and Chief Financial Officer, with responsibility for AIG’s global treasury activities, including capital management, banking and rating agency relations, global capital […]

StanCraft-Led Investor Group Acquires Templin’s on the River in Post Falls, Idaho

StanCraft-Led-Investor-Group-Acquires-Templins-on-the-River-in-Post-Falls-Idaho-Photo-Business-Wire

StanCraft, a Hayden, Idaho-based private family of companies, in partnership with an investor group, announced the acquisition of Templin’s on the River in Post Falls, Idaho. Founded in 1986, Templin’s is a 167-room waterfront hotel, bar and marina. With new, supportive ownership, the hotel will be upgraded throughout 2024 and 2025, building on its current […]

Reshaping Skylines: The evolving real estate landscape in APAC

The evolving real estate landscape in APAC(Image used for illustrative purpose. Image by evening_tao on Freepik)

The real estate industry in Asia Pacific (APAC) is seeing a substantial shift due to the US Federal Reserve’s sequence of swift interest rate hikes that have been in place since mid-2022, in a region where finance is readily available. While most Asia Pacific markets, with the exception of China, started to recover from the […]

Stoneweg US acquires The Station at Savannah Quarters

Stoneweg US, a leading real estate investment and development firm, announces its recent acquisition of The Station at Savannah Quarters, a Green Globe Certified, 244-unit core plus multifamily asset located in Pooler, Georgia. This strategic purchase underscores Stoneweg US’ commitment to sustainable and socially responsible investments while meeting the growing demand for high-quality housing options.  The […]

Hilton signs one more property in Marsa Alam

Hilton announced the signing of its second property in the city of Marsa Alam, Hilton Marsa Wazar Red Sea Resort & Spa. In partnership with Boulevard for Tourism Development, the property will be operated under the Hilton Hotels & Resorts brand. Located along the beautiful shores of the Red Sea, Hilton Marsa Wazar Red Sea […]