Mercedes leases Jeep for $2.7bn

Mercedes leases the Jeep Wrangler to Jeep for more than $2bn.The deal is worth an estimated $1.3bn.Read moreWhat’s in a lease?The deal involves a 20-year lease on a Jeep Wranglers current production line, which is expected to last from 2021 to 2023.The lease is expected only to last one year, with the option to extendRead More

When lease agreements go bad, what happens next?

It’s been a tumultuous week for the Houston-area apartment lease market, with both Houston and Austin finding themselves on the brink of bankruptcy.But when the Houston and Texas apartments were in similar financial straits, there was no shortage of alternatives.A new lease agreement was signed, but not before some of those other cities had toRead More