Share0 RICS is pleased to announce the list of finalists for the inaugural RICS Americas Awards 2023, celebrating the achievements of individuals, teams and organizations within the Americas while showcasing their great work on the world stage. “We are very much looking forward to the 2023 Americas Awards in June,” said Ann Gray, President …
Prosecutors have charged 11 men with stealing 86 vehicles worth more than $5 million from Ohio dealerships. The suspects are accused of taking expensive, high-powered models such as Dodge Charger SRT Hellcats and Jeep Grand Cherokee Trailhawks from 26 dealerships over five months. One showroom was robbed three times. A 142-count indictment unsealed last week …
11 charged with stealing cars from 26 dealerships in Ohio Read More »
Under then-CEO Mike Jackson, AutoNation in 2016 revived the AutoNation USA brand, years after Jackson had closed most of the group’s used-only stores. He then called for as many as 20 possible stores. The effort continued, initially, until 2018, when AutoNation said it would pause those expansion plans. It again revamped growth efforts in 2020 …
Average gross profit per used vehicle at Sonic Automotive Inc.’s franchised dealerships fell 6 percent to $1,626 in the first quarter. Used-vehicle sales at its franchised dealerships were down 7 percent to 25,107 units in the quarter. Sonic said the average gross profit per vehicle and F&I at its used-only EchoPark business was $1,907 in …
Used-vehicle retailers shifted Q1 goals to profit over volume Read More »
A car accident involving a Robert Bosch engineer sparked an idea that could cut down on the severity of similar crashes. In 2019, Rameez Ahmad, an engineering manager at Bosch USA, was traveling in Pakistan with friends from college when a motorcycle hit the passenger side of their vehicle. No one was hurt, but the …
Bitcoin mining companies continue to innovate despite market volatility. Fees generated per transaction decline. Holders don’t see any selling pressure. MVRV ratio begins to decline. Even though Bitcoin prices have been steadily growing in the last few months, the state of miners has been relatively volatile. With growing costs and a decline in miner revenues, …
BTC mining innovations could aid miners but not without these hurdles… Read More »
LCOR, a fully integrated real estate investment, development, and management firm, today announced the launch of leasing at The Ryland, a 267-unit, 31-story residential community located at 1 Dock Street in Philadelphia’s Society Hill neighborhood. Move-ins are projected to commence in late summer, with final construction completion projected for late fall of this year. “We’re …
LCOR Launches Leasing at The Ryland in Society Hill Read More »
JLL Hotels & Hospitality announced today that the sale of a 75% interest in the Mandarin Oriental, New York, to affiliates of Reliance Industries Ltd. has been completed. JLL represented the sellers in the sale of their ownership stake. The 244-room Mandarin Oriental, New York, opened in 2003, and is positioned as one of the most iconic, …
Transwestern Investment Group (TIG®), on behalf of Transwestern Strategic Partners Fund III (“TSP Fund III”), announces it has acquired 29.1 acres in Ellenwood, Georgia, and is partnering with Transwestern Development Company (TDC®) to build a 265,775-square-foot distribution center on the site. Construction is scheduled to begin in the fourth quarter of 2023, with delivery anticipated in the third …
Transwestern Acquires 29-Acre Site for New Industrial Facility in Ellenwood, GA Read More »
LTC was one of the best-performing crypto assets over the last week. The Open Interest in LTC futures surged to its highest value since November 2021. Bucking the broader market trend, Litecoin [LTC] racked up gains of over 15% in the last seven days, data from CoinMarketCap revealed. Bolstered by the rally, LTC stormed into …
Assessing the state of Litecoin [LTC] as it continues to outperform its peers Read More »
