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What it takes to build a giant

Real estate development is not a ‘one-size-fits-all’ business. From choosing a plot of land, to selecting building materials, to financing assets, the options grow the bigger you build.

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Mark Twain Hotel Chicago

A sector you can’t afford to ignore

It was a relatively small deal but it may have signalled something big. This summer, Pembrook Capital Management stepped in with a $16.6 million loan to support the acquisition of the Mark Twain Hotel in Chicago by NHP Foundation, a New York-based not-for-profit real estate corporation.

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Jetblue2-e1423850261970

A flight to Havana

Last Wednesday, 31 August, a JetBlue Airways flight left Fort Lauderdale, Florida and landed at an airport east of Havana, Cuba, marking the first US commercial passenger flight to the Caribbean island nation in over five decades.

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