Since 2007, the editors of the Cornell Real Estate Review have annually recognized exceptional real estate professionals to receive the prestigious “Industry Leader Award.” Recipients of this award are individuals who have made significant contributions to the global real estate industry while serving their community. This year the award was presented to Jonathan Gray, President… Continue Reading Cornell Real Estate Review’s 2019 Industry Leader Award: Jonathan Gray
Tag: Hilton
Hilton Granted Approval for REIT Spinoff
In December 2015, Hilton Worldwide Holdings, Inc. announced that it was pursuing a spinoff of a portion of its portfolio into a Real Estate Investment Trust (REIT). This follows the industry trend and wider trend of non-purely real estate firms seeking to do the same in order to unlock shareholder value and boost their stocks through the… Continue Reading Hilton Granted Approval for REIT Spinoff