Forest City Acquires Interest in 12.7-Acre Site for Commercial Development in Las Vegas

Forest City Enterprises, Inc. (NYSE:FCEA)(NYSE:FCEB) announced July 30 that it has acquired a 60 percent interest in a 12.7-acre site in downtown Las Vegas.
Forest City acquired its 60 percent interest in the site from entrepreneurial real estate developer Livework LLC, which will hold the remaining 40 percent interest in the property. The total cost of […]