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The Trump Organization is in talks to potentially reclaim its former Washington, D.C., hotel, which was sold in 2022 for $375 million. The family firm is considering purchasing the lease rights back, with estimated costs exceeding $300 million. The hotel, now a Waldorf Astoria, has been a subject of legal and conflict-of-interest issues in the past, and if the Trumps acquire it again, similar concerns may arise. The Trumps have not disclosed how they plan to address these potential conflicts, but have indicated that an ethics plan will be released soon. [Extracted from the article]

Wells Fargo is planning to sell its San Francisco headquarters at 420 Montgomery St. and shift its power base to the East Coast, with CEO Charlie Scharf and key executives now based in New York. The bank has hired Eastdil Secured as an adviser for the sale and will be moving to a new office at 333 Market St. in San Francisco. This move marks a shift away from San Francisco, where Wells Fargo has had a presence since the 1850s, but the city remains important to the bank. [Extracted from the article]

The investment firm CGI Merchant Group has lost control of the former Trump hotel in Washington, D.C. after defaulting on its debt. The property was sold in a foreclosure auction to BDT & MSD Partners, the merchant bank that provided the loan. CGI is still hoping to regain the rights to the property's long-term lease, but BDT & MSD has stated that they will hold on to the rights. Hilton, the owner of the Waldorf brand, will continue to operate the hotel. The Trump family had leased the property from the federal government and sold the lease rights to CGI in 2022. [Extracted from the article]

Blackstone, one of the world's largest real estate investors, has agreed to acquire Apartment Income REIT (AIR Communities) for approximately $10 billion. This acquisition is Blackstone's largest transaction in the multifamily market and reflects their optimism about rental housing and the commercial real estate market. Blackstone plans to invest an additional $400 million to improve the properties. Despite the current downturn in the commercial real estate market, Blackstone believes that the time is ripe for investments in this sector. [Extracted from the article]

Hilton Worldwide Holdings is acquiring Graduate Hotels, a hotel operator that focuses on college towns, for $210 million. The acquisition is part of Hilton's strategy to tap into the underserved market of college towns, where existing hotels tend to be older or limited-service properties. Graduate Hotels, on the other hand, offers guests a stay that reflects the community and is closer to campuses. Hilton plans to wrap the brand into its rewards system and infrastructure to drive growth and establish early relationships with college students and parents. The deal is expected to close in the second quarter. [Extracted from the article]

Florida developers Fort Partners and Merrimac Ventures are embarking on a $1 billion hotel and residential project in Telluride, Colorado. The project will include a Four Seasons hotel and condo property with 52 guest rooms and 68 residences. The developers are venturing outside of Florida due to the overcrowding of real estate developers on the Florida coast. They aim to create a luxury property similar to the Surf Club in a less-congested niche ski town. Despite challenges such as limited flights and weather dependency, high-end Colorado ski resorts have performed well in recent years. The developers also plan to make Telluride a year-round destination by attracting summer guests with activities like mountain biking and music festivals. [Extracted from the article]

Private-equity firm TPG has begun purchasing single-family homes in Florida vacation markets and renting them out nightly as an alternative to hotels and short-term rentals. TPG hired Kasa, a hospitality firm, to manage the properties. The firm sees an opportunity in the evolving travel habits during the pandemic, with more people combining business and leisure trips and seeking spacious homes with kitchens and greater privacy. If successful, this strategy could pose a threat to the hotel industry, which is already facing competition from short-term rental companies like Airbnb. [Extracted from the article]

Reports on the effects of software company Microsoft Corp.'s loss in a United States federal antitrust suit on world stock markets on April 3, 2000. Opening of the Nasdaq Stock Market under tremendous selling pressure; Investors' skepticism toward high valuations for unproven start-ups; Fall in Europe's technology blue chips; Decline in Hong Kong, China's Hang Seng Index.

Reports on world stock markets. Chaotic close in the first quarter of 2000 confusing near-term outlook; Market highlights on March 31, 2000.

Reports on trading results at stock markets in Tokyo, Japan; Bangkok, Thailand; Bangkok, Thailand; Manila, Philippines; London, England and Frankfurt, Germany on December 13, 1999.

Reports on developments related to world stock markets as of December 7, 1999. Includes the market rally in Asia; Performance of the markets in South Korea and India; Factors affecting the stock markets.

The article discusses the thriving residential real-estate market in Washington, D.C. Eleven homes in Washington's metropolitan area sold for more than $5 million apiece during the first four months of 2013. Real-estate executive Chris Ballard says demand is particularly strong for high-end properties. Contributing factors include the area's growing technology industry and elevated levels of federal spending.