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International

Wyndham board rejects takeover bid by Choice Hotels

Don Wilcox Commercial Hotels and Resorts International Oct. 17 2023

UPDATED with Wyndham reaction: An unsolicited bid by Choice Hotels International to acquire Wyndham Hotels & Resorts, Inc. for $90 US per share (all figures U.S. dollars) has been rejected by Wyndham's board of directors.

Blackstone opens Toronto office, plans more Canadian investment

Don Wilcox Commercial Blackstone Real Estate National Sep. 28 2023

Now that Blackstone has formally opened its Canadian office in downtown Toronto, the world's largest private equity investor is doubling down on its stated goal to increase its Canadian real estate holdings, according to its North American head of real estate.

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