Russian billionaire Mikhail Fridman is launching a real-estate fund that will focus on distressed properties from Boston to Miami, in the latest example of a deep-pocketed foreigner placing some chips on the U.S. real-estate market.
In the past three years, Scott Lawlor lost Boston’s tallest skyscraper to foreclosure and became a high-profile example of the commercial-property industry’s excesses. Now he is close to signing up a partner to go shopping with.
Feb. 16 (Bloomberg) — Ashley Mears, assistant professor of sociology at Boston University, talks with Kathleen Hays about the labor market in the fashion modeling industry. Mari Kooi, chief executive officer and founder of Wolf Asset Management International, discusses the outlook for energy and commodity prices.