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Get connected with journalists todayStacey Corso
Verified
Contributor, Bisnow
Findlay
Beats
Connected Or Automated Equipment , Software , Digitally Enabled Construction Technology
Content
By Stacey Corso|BisnowVerifiedThe 289-key Radisson Oakland Airport hotel’s valuation plummeted in October, with its value falling from $75M in January 2018 to $15M. It is the latest Bay Area hotel to exhibit signs of financial distress in an economic landscape dramatically changed by the pandemic. Morningstar reports that this Radisson's value has decreased by 70% since January 2018.
By Stacey Corso|BisnowVerifiedA restructuring is underway at regional utility Pacific Gas & Electric that Northern California commercial property professionals hope will address some of the challenges they have experienced getting power to their new projects over the years. Roughly two years after the installation of a new CEO, the much-criticized electric company is implementing a regionalized approach that is meant to save time and better serve the development community.
By Stacey Corso|BisnowVerifiedThe 289-key Radisson Oakland Airport hotel’s valuation plummeted in October, with its value falling from $75M in January 2018 to $15M. It is the latest Bay Area hotel to exhibit signs of financial distress in an economic landscape dramatically changed by the pandemic. Morningstar reports that this Radisson's value has decreased by 70% since January 2018.
Company Info
Bisnow
Bisnow is a prominent B2B platform dedicated to the commercial real estate industry. Founded in 2005 and headquartered in Manhattan, New York, the company has expanded its reach significantly, hosting over 350 events annually across more than 50 local markets in the U.S., Canada, the UK, and Ireland. Bisnow provides up-to-date news, recruitment services, and marketing solutions tailored for businesses in this sector. The company facilitates networking and business development opportunities for professionals in commercial real estate. With a readership exceeding 11 million and newsletters reaching over 450,000 subscribers, Bisnow effectively connects various sectors, including hotels and nonprofits. The company has experienced substantial growth and continues to expand its operations, making it a key player in the commercial real estate landscape.
New York, New York, United States
'+1 202-293-0370
Founded: 2005