Construction is expected to begin next year on the $129 million renovation of the historical Music Hall in Cincinnati. Cincinnati-based Messer Construction is the construction manager. The project should wrap up in 2017.
Starwood Property Trust and Starwood Capital Group have finalized their $1.06 billion acquisition of LNR Property LLC. The Starwood companies have acquired LNR Property in order to diversify revenue sources.
Samsung has seen strong ROI for its latest Facebook ad campaign, spending $10 million on a three-week campaign that reached 105 million unique users and generated $129 million in sales. "The biggest myth is that Facebook ads don't work," said Facebook global marketing head Carolyn Everson.