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The company has a wide presence in California, including the San Jose Mercury News and San Diego Union-Tribune. Sonoma Media Investments, parent company of The Press Democrat, Sonoma Magazine and five other North Bay publications is being acquired by MediaNews Group, the companies announced Thursday. Denver-based MediaNews is part of Alden Global Capital, which owns 68 daily newspapers and more than 300 weekly publications throughout the United States. The company has a wide presence in California, including the San Jose Mercury News in San Jose and the San Diego Union-Tribune....

By Austin Metoyer, Downtown Long Beach Alliance CEO and president, contributing writer  As we move through the second half of our fiscal year, we recently released our Midyear Update highlighting the energy in Downtown Long Beach that continues to evolve. From October 2024 to March 2025, we’ve seen meaningful progress, yet we know new challenges are on the horizon. Firstly, what stands out most has been a renewed sense of momentum, driven by people returning to our downtown — not just from across the city, but from surrounding regions as well. Some...

US President Donald Trump has touted an increase in new investments coming into the country at an event with some of the world's business leaders. More than 20 CEOs from major companies planning to invest took part in the event at the White House on Wednesday. Trump said, "The companies represented in this room have collectively announced more than 2 trillion dollars in new investments." He also said, "Every new investment, every new factory and every new job created, is a sign of strength in American economy and a declaration...

Yellowstone Real Estate Investments has landed a $113 million loan to refinance the former Maxwell hotel in Midtown East, Commercial Observer has learned.  Yellowstone has not announced specific plans for the building yet.SEE ALSO: Libremax Provides $26M to Maddd Equities, Stagg Group for Bronx Land Acquisition BHI, the U.S branch of Bank Hapoalim (BKHYY), supplied the loan for the 541 Lexington Avenue property that Yellowstone acquired for $140 million last October through a foreclosure auction. In addition to the refi, loan proceeds will be used to fund tax reserves and...

New York City Mayor Eric Adams plans to revamp a major city initiative to create supportive housing for vulnerable New Yorkers by producing nearly 6,000 additional congregate apartments with on-site health and social services. This new commitment is aimed at reversing the city’s uneven progress on its goal to significantly grow its supportive housing supply by 2028. The news, shared exclusively with City & State, will be announced on Monday as Adams unveils a handful of new housing-related investments included in his upcoming executive budget proposal for fiscal year 2026. The...

President Donald Trump on Tuesday touted his upcoming agenda, and said that U.S. astronauts would soon plant a flag on Mars.  "One day soon, American astronauts will plant the flag on the planet Mars," Trump said at his "100 Days" rally. "It's going to happen very soon. Every single day of my administration will continue to live by the motto, 'promises made, promises kept.'" Trump also said that his administration would be putting the largest investment into the U.S. military.  "We will make the largest ever investment in the U.S....

Business leaders are urging that the upcoming FY2025-26 budget be investment- and business-friendly, with lower taxes and extended exemptions – taking into account Bangladesh's smooth LDC graduation, the current domestic economy, and global financial uncertainties. But the government has signalled it is under pressure to raise revenues, making it difficult to continue tax exemptions and benefits at previous levels. "Given the current global economic challenges and domestic pressures, stakeholders have high expectations from the interim government regarding the next budget," said FBCCI Administrator Md Hafizur Rahman during the 45th meeting...

Yellowstone Real Estate Investments has landed a $113 million loan to refinance the former Maxwell hotel in Midtown East, Commercial Observer has learned.  Yellowstone has plans to repurpose the building. Although the firm  has not announced specifics, sources told CO that Yellowstone is leaning toward a multifamily conversion. SEE ALSO: Lionel Messi-Led Inter Miami Nets $650M for Big Soccer Stadium BHI, the U.S branch of Bank Hapoalim (BKHYY), supplied the loan for the 541 Lexington Avenue property that Yellowstone acquired for $140 million last October through a foreclosure auction. In addition...

My investments are a mix of funds, shares and investment trusts and I find them hard to keep track of. With markets moving fast and a constant stream of news, what do I need to consider to make sure my investments are diversified and keep up?This is Money replies: The events of the past five years have kept investors on their toes and the pace of news shows no sign of slowing down.Since 2020, investors have dealt with the Covid 19 pandemic and its lockdowns, the cost of living crisis, interest...

If financial advisors ask clients the rate of return for their rental real estate investment property, they should expect to hear a number at least 5 percentage points higher than the actual one, according to the founder of The Real Estate Whisperer Financial Planning.That's because of calculations based on "optimistic assumptions, untracked costs and the absence of formal benchmarking" among many owners, said Rich Arzaga, founder of the Monument, Colorado-based firm, in a presentation at this week's Financial Planning Association Retreat in Oak Brook, Illinois."It's where ownership bias meets the...