Reading Time: < 1 minuteUS: Korman Communities has acquired BlackRock’s majority stake in three extended-stay hotels located in midtown Manhattan for approximately $220 million.Â
Finance and Investment 
Movers and Shakers Reading Time: 2 minutesHow brands are driving consolidation in the serviced apartment and aparthotel sector despite fragmented ownership.
Reading Time: < 1 minuteAs serviced apartments enter branded residences, developers reassess value – balancing upfront pricing with stable, long-term rental income.
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