In early May, Blackstone bought The Cosmopolitan in Las Vegas for $1.73 billion as part of an effort to capitalize on the city’s increased convention and hospitality business. The number of visitors to the city rose 3.5 percent in April from year-ago levels according to the Las Vegas Convention and Visitors Authority. Read the Las Vegas Sun story here
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging