Affinius-led group to take Veris private in $3.4B deal
Veris Residential is going private. The Jersey City-based multifamily landlord agreed to be acquired by an investor consortium led by Affinius Capital, alongside Vista Hill Partners, in an all-cash deal valued at $3.4 billion, including debt. The $19-per-share price represents a 23 percent premium t
Brilliant Earth Opens First Flagship In Beverly Hills And It’s A Blueprint For The Future Of Luxury Jewelry Retail
Brilliant Earth opens its first Beverly Hills flagship, debuting a 3,500-square-foot experiential showroom focused on fine jewelry, engagement rings, and personalization.
Gencom comes for NYC’s luxury hotel crown
Gencom planted another flag along Central Park South. The Miami-based investor paid about $320 million for the 253-key Ritz-Carlton Central Park South at 50 Central Park South, adding a third Manhattan hotel to a rapidly expanding local portfolio. Property records show a $270 million transfer price,
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