Patrick Clark
Verified
Reporter @business covering housing, hotels, assorted real estate. Views my own
pclark55 at bloomberg dot net
Is this you? As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
Claim your profile
Articles by Patrick Clark
Miss Sheri's Cafeteria closing after 54 years
ST. LOUIS COUNTY, Mo. – After more than five decades in business off Baptist Church Road, a beloved comfort food staple is calling it quits. Longtime customers have been visiting from far and wide to get a meal in before Miss Sheri's Cafeteria closes its doors for good. There is comfort in a home-cooked meal and sitting down with someone to share that and some conversation. Maybe it's one of the reasons people have been coming to Miss Sheri's Cafeteria in south St. Louis County for so long.
Miss Sheri’s Cafeteria closing after 54 years
Miss Sheri’s Cafeteria closing after 54 years Thu, August 27, 2026 at 9:14 PM EDT Miss Sheri’s Cafeteria closing after 54 years ST. LOUIS COUNTY, Mo. – After more than five decades in business off Baptist Church Road, a beloved comfort food staple is calling it quits. Longtime customers have been visiting from far and wide to get a meal in before Miss Sheri's Cafeteria closes its doors for good.
Springdale man accused of entering home through dog door, dragging woman from bed
Fayetteville police arrested Austin Howard early Monday on several charges, including interference with emergency communications, third-degree domestic assault and an existing felony warrant.
Springdale man accused of entering home through dog door, dragging woman from bed
Fayetteville police arrested Austin Howard early Monday on several charges, including interference with emergency communications, third-degree domestic assault and an existing felony warrant. Howard was arrested around 4:19 a.m. on Interstate 49 near Exit 67A after officers responded to a reported disturbance at an apartment around 3 a.m. According to the arrest report, Howard's girlfriend told police he took her phone while she was trying to call 911 during an argument.
Governor approves funding, helicopters to fight Union County wildfire
Gov. Sarah Huckabee Sanders has declared a state of emergency because of wildfires burning in south Arkansas. The Pine Tree Road Fire in Union County has burned nearly 2,000 acres, prompting crews to evacuate people living near the fire. Sign up for our Newsletters Sanders authorized $250,000 from the state's disaster response fund to help fight the fire. She also approved the use of two helicopters to drop water on the flames. Officials are urging people to stay away from the fire zone.
Governor approves funding, helicopters to fight Union County wildfire
The Pine Tree Road Fire in Union County has burned nearly 2,000 acres, prompting crews to evacuate people living near the fire.
Marshallese leaders call attention to language barriers, community needs
Marshallese culture, history and the challenges facing the community in Arkansas were the focus of a panel discussion Thursday night at Crystal Bridges Museum of American Art. The event brought together community leaders to discuss the experiences of Marshallese residents, including barriers involving language access and the need for more interpreters who speak Marshallese.
Marshallese Leaders Call Attention to Language Barriers, Community Needs
Marshallese culture, history and the challenges facing the community in Arkansas were the focus of a panel discussion Thursday night at Crystal Bridges Museum of American Art. The event brought together community leaders to discuss the experiences of Marshallese residents, including barriers involving language access and the need for more interpreters who speak Marshallese.
St. Louis summit focuses on trails and tourism growth
St. Louis summit focuses on trails and tourism growth Thu, August 20, 2026 at 8:44 PM EDT St. Louis summit focuses on trails and tourism growth ST. LOUIS – Trails, parks, and tourism; they were the focus of a regional summit aimed at making it easier for people to get outside and for communities to grow. Outdoor enthusiasts believe one of the keys to success for St. Louis is getting more people outdoors. That was top of mind Thursday at the Gateway Summit.
KKR Real Estate Lender’s Woes Attract Investment Firm Mavik
Bloomberg (Bloomberg) -- An investment firm that specializes in commercial real estate distress is betting that a lender managed by KKR & Co. is likely to sell its loan portfolio at or around book value. Mavik disclosed that it has a 5.4% stake in KKR Real Estate Finance Trust Inc., which invests in commercial mortgages.
Rogers police in contact with person of interest after deadly shooting kills 2
Rogers police are investigating a shooting that left two people dead Monday night. Officers were called to the 300 block of East Southern Trace Drive in Rogers, where police confirmed two people were killed. Sign up for our Newsletters Police said they are in contact with a person of interest. Investigators said there is no threat to the public. No additional details about the victims or the circumstances surrounding the shooting have been released. The investigation is ongoing.
Rogers police in contact with person of interest after deadly shooting kills 2
Officers were called to the 300 block of East Southern Trace Drive Monday night.
SOAR NWA Organizers Encourage Attendees to Stay Safe in the Heat
Organizers of SOAR NWA are reminding attendees to stay hydrated and take precautions as they enjoy the event in the summer heat. For anyone who needs a break from the temperatures, organizers have set up a station inside an air-conditioned space where trained experts are available to help people who become overwhelmed by the heat. Jacob Sheatsley, President and CEO of Open Avenues, said the best way to stay safe is to start preparing before arriving. "Get ahead of the heat.
Greenwood Residents Sound Off on Flock Cameras
A standing-room-only crowd filled the Greenwood City Council chambers Monday evening as residents heard from a representative of Flock Safety and voiced concerns and support over the city's use of license plate reader cameras. The cameras are positioned around the city and scan license plates as vehicles pass by. The information can then be checked against law enforcement databases. The technology has sparked debate among residents over the balance between public safety and privacy.
Ryman to Buy Orlando Resort With Ritz-Carlton for $1.38 Billion
agreed to buy the Grande Lakes Orlando resort in Florida from Trinity Investments for $1.38 billion. The 409-acre complex includes two hotels — a 1,010-room JW Marriott and a 582-room Ritz-Carlton — and an 18-hole championship golf course designed by , according to a Monday. Ryman said in a that it would initiate the sale of 5.1 million shares to pay for the acquisition, supplementing funds from the offering with cash on hand and debt as needed.
Ryman to Buy Orlando Resort With Ritz-Carlton for $1.38 Billion
Photographer: Gerardo Mora/Getty Images North America (Bloomberg) -- Ryman Hospitality Properties Inc. agreed to buy the Grande Lakes Orlando resort in Florida from Trinity Investments for $1.38 billion. The 409-acre complex includes two hotels — a 1,010-room JW Marriott and a 582-room Ritz-Carlton — and an 18-hole championship golf course designed by Greg Norman, according to a statement Monday.
O'Fallon, Illinois community replaces stolen bike for young boy
O'FALLON, Ill. – It's been one heck of a wild ride for Dean Garcia. “It's a good feeling you're out and about,” he said. “It just feels good to ride the bike.” Only, it wasn't on his bicycle; because that was stolen. “This is the second time this has happened,” Dean said. Ricardo Garcia, Dean's father, said a door camera caught someone stealing his son's BMX bike in front of their O'Fallon home.
Dog rescued from drainage ditch by Greenwood police sergeant
A Greenwood police officer is being credited with rescuing a dog that became trapped in a drainage ditch Wednesday. Video of the rescue shows Sgt. Trent Cowan climbing down a manhole to reach the stranded dog. Sign up for our Newsletters The dog had fallen into the drainage system and was unable to get back out on its own. Cowan was able to reach the pup and safely bring it out of the ditch. The rescue ended on a happy note, with the dog making it out safely thanks to Cowan's efforts.
Dog rescued from drainage ditch by Greenwood police sergeant
A Greenwood police officer is being credited with rescuing a dog that became trapped in a drainage ditch Wednesday.
Tycoons Clash Over $19,000-a-Night Resort in Turks and Caicos
Photographer: Robert Cross/Chicago Tribune/TNS/Getty Images (Bloomberg) -- Vlad Doronin’s plans to expand his ultra-luxury hospitality empire Aman Group are ruffling feathers in Turks and Caicos, where the owner of a lavish resort threatened to terminate Aman’s management agreement.
Homes Are Decaying in a Gated Enclave for the Rich
World News 2 hours ago Trump claims — yet again — that a deal to reopen Hormuz is close Fortune - The Associated Press, Elena Becatoros, Samy Magdy, Darlene Superville • 2h U.S. President Donald Trump said a deal to reopen the Strait of Hormuz could come as early as Wednesday, as Iran and Oman inched toward an agreement … GLP-1 Now Bank of America spends $250 million a year on GLP-1 drugs for its employees, CEO says CNBC - Hugh Son • 53m Bank of America spends more than $250 million a year...
Mistaken U of A Email Causes Confusion for Students, Families
A mistaken email sent by the University of Arkansas created confusion Tuesday for approximately 1,500 students and their families just days before fall move-in. The email incorrectly informed recipients that their campus housing contracts had been canceled, prompting concern among students preparing to move into residence halls for the upcoming semester.
East St. Louis High School reopens on-campus health center
East St. Louis High School reopens on-campus health center Tue, August 4, 2026 at 7:06 PM EDT EAST ST. LOUIS, Ill. – It's orientation day at East St. Louis High School. Students are signing up for clubs and activities before the official start of school next week. Just down the hall, a ribbon cutting for the high school's reopened health service center. "You should not have to go outside of your school to receive health care," says Kena Gray, Senior Vice President SIHF Healthcare.
Apollo Invests $1 Billion in Joint Venture With Starwood REIT
Bloomberg (Bloomberg) -- Apollo Global Management Inc. is investing $1.02 billion in a joint venture with Starwood Real Estate Income Trust, a commercial property vehicle known as SREIT that has struggled to provide liquidity to investors. Apollo is acquiring a 41.5% stake in a joint venture that will own roughly 120 of SREIT’s affordable housing properties in the US, according to a statement Tuesday.
St. Charles County sees mass death of invasive carp
St. Charles County sees mass death of invasive carp Mon, August 3, 2026 at 11:18 PM UTC Add Yahoo as a preferred source to see more of our stories on Google. ST. CHARLES COUNTY, Mo. – It was supposed to be like any other day out on the Mississippi River, but when a group of friends were greeted by the sight of dead invasive carp along the water at Riverside Landing Park in St. Charles County. "Well, this is as bad as I've seen it," James Bushdiecker said.
St. Charles County sees mass death of invasive carp
ST. CHARLES COUNTY, Mo. – It was supposed to be like any other day out on the Mississippi River, but when a group of friends were greeted by the sight of dead invasive carp along the water at Riverside Landing Park in St. Charles County. “Well, this is as bad as I've seen it,” James Bushdiecker said.
Marriott Beats Estimates, Boosts Outlook on Higher Hotel Room Prices
Photographer: Islam Safwat/Bloomberg (Bloomberg) -- Marriott International Inc. shares declined after the company said that room growth for 2026 would likely come in at the lower end of earlier guidance, driven by construction delays in the Middle East. Marriott, the world’s largest hotel company with more than 1.8 million rooms, expects net unit growth toward the bottom of its earlier forecast of 4.5% to 5%, the company said in a statement.
Missouri Historical Society aids Muny preps for 'Meet Me in St. Louis'
ST. LOUIS – The Muny in Forest Park is in the midst of its 108th season. “Ain't Too Proud to Beg” continues through Aug. 2, but the crew is already fast at work building the sets for the start of next week's show, “Meet Me in St. Louis”, with the Missouri Historical Society providing a guiding hand in authenticity.
Bella Vista city council rejects proposal to increase short-term rental permit cap
A proposal to increase the number of short-term rental permits in Bella Vista was voted down Monday night after residents and property owners shared opposing views during a packed city council meeting. Before the meeting, the city capped short-term rental (STR) permits at 600. Council members considered raising that limit to 687, but ultimately rejected the proposal.
Bella Vista City Council Votes Against Raising Short-Term Rental Permit Limit
A proposal to increase the number of short-term rental permits in Bella Vista was voted down Tuesday night after residents and property owners shared opposing views during a packed city council meeting. Before the meeting, the city capped short-term rental (STR) permits at 600. Council members considered raising that limit to 687, but ultimately rejected the proposal.
Cerberus bought NYC loan book exposed to Mamdani’s rent freeze
Cerberus Capital Management bought a $1.3 billion loan portfolio with exposure to New York rent-regulated apartments as lenders seek to reassure investors spooked by Mayor Zohran Mamdani’s recent rent freeze.
Cerberus Bought NYC Loan Book Exposed to Mamdani’s Rent Freeze Original
bought a $1.3 billion loan portfolio with exposure to New York rent-regulated apartments as lenders seek to reassure investors spooked by Mayor ’s recent rent freeze. Cerberus acquired the loan book from , according to people familiar with the transaction. The firm made the investment through its Residential Opportunities platform, said one of the people, who asked not to be named discussing a private matter. OceanFirst disclosed the sale in June in a statement that didn’t name the buyer.
Cerberus Bought NYC Loan Book Exposed to Mamdani’s Rent Freeze
Photographer: Michael Nagle/Bloomberg (Bloomberg) -- Cerberus Capital Management bought a $1.3 billion loan portfolio with exposure to New York rent-regulated apartments as lenders seek to reassure investors spooked by Mayor Zohran Mamdani’s recent rent freeze. Cerberus acquired the loan book from OceanFirst Financial Corp., according to people familiar with the transaction.
KKR Commercial Real Estate Lender Studies Potential Sale, Merger
(Bloomberg) -- A commercial real estate lender managed by KKR & Co. said it’s considering strategic alternatives that could include a merger or sale of the money-losing company. KKR Real Estate Finance Trust Inc. said in a statement Tuesday it had established a committee to review options that might also include an asset sale or the modification of its business plan.
Aman Gets Backing for Luxury Hotels From New $500 Million Fund
The partners will invest $500 million initially and are already working together to develop a mixed-use project in Seoul’s Gangnam District which will include an Aman hotel, residences and a private club, Doronin said in an interview. Doronin expects the new fund to continue to raise money for development projects in the US, Asia and the Middle East.
Aman Gets Backing for Luxury Hotels From New $500 Million Fund
Photographer: Jamie McCarthy/Getty Images (Bloomberg) -- Vlad Doronin’s OKO Group and Seoul-based Shinsegae Group are starting a new fund to develop luxury hotels and other properties, an investment that reflects affluent consumers’ willingness to spend lavishly on travel.
Search for drowning victim continues in Castlewood State Park
Search for drowning victim continues in Castlewood State Park Thu, July 16, 2026 at 10:44 PM UTC Add Yahoo as a preferred source to see more of our stories on Google. Search for drowning victim continues in Castlewood State Park ST. LOUIS COUNTY, Mo. – The Missouri State Highway Patrol has taken over the search for a 19-year-old drowning victim in Castlewood State Park.
Joseph Duggar asks Florida court to let him visit his kids
Video above: Joseph Duggar asks Florida court to let him visit his kids (May 2026)A Bay County, Florida, judge has scheduled a September hearing for Joseph Garrett Duggar, 31. Duggar has asked a judge to allow him to see his children.
Royal Birkdale Sets the Stage… Ireland Steals Your Heart
If you’re like most avid golfers, you’ll be watching The Open Championship this week at Royal Birkdale Golf Club. Royal Birkdale is one of the finest links courses in England, with high sand dunes and an iconic clubhouse. But if the idea of playing golf on a links gets in your blood, the best place in the world to play links golf is Ireland.
La ley de Trump limita a los grandes inversores inmobiliarios, pero deja abiertas vías para seguir creciendo
Bloomberg — El presidente Donald Trump conmocionó a Wall Street al proponer que se prohibiera a los grandes inversores acceder al mercado inmobiliario estadounidense. Seis meses después, la iniciativa culminó en un acuerdo que sigue ofreciendo a los principales propietarios numerosas vías de crecimiento.
Corporate Landlords Targeted by Trump Now Poised for Growth Original
Photographer: Mario Tama/Getty Images (Bloomberg) -- President Donald Trump shocked Wall Street when he called to bar big investors from the US housing market. Six months later, the effort ended in a compromise that still offers the biggest landlords plenty of ways to grow. The deal, encoded in broader housing legislation that became law Saturday, ostensibly prohibits institutional investors — defined as those that already own 350 or more homes — from buying single-family houses.
Washington University hosts active shooter training
Washington University hosts active shooter training Thu, July 9, 2026 at 11:29 PM UTC Add Yahoo as a preferred source to see more of our stories on Google. ST. LOUIS – Washington University in St. Louis' campus was filled with first responders and police officers participating in an active shooter drill on Thursday. The drill was set in the Lee Hall dormitory, with makeup and special effects added for realism to the volunteers portraying shooting victims. "We try to make it as real as possible.
Washington University hosts active shooter training
Thu, July 9, 2026 at 11:29 PM UTC ST. LOUIS – Washington University in St. Louis' campus was filled with first responders and police officers participating in an active shooter drill on Thursday. The drill was set in the Lee Hall dormitory, with makeup and special effects added for realism to the volunteers portraying shooting victims. "We try to make it as real as possible. We want the officers to get that adrenaline dump.
Missouri American Water tackles St. Ann summer main breaks
Missouri American Water tackles St. Ann summer main breaks Wed, July 8, 2026 at 11:01 PM UTC Add Yahoo as a preferred source to see more of our stories on Google. ST. ANN, Mo. – Missouri American Water crews have been working all day long in St. Ann after three different water main breaks on Ashby Road at St. Joan and St. Henry lanes, leaving drivers to navigate a buckled road.
Fayetteville kicks off July 4th weekend with Sound Bites
THE FOURTH OF JULY WEEKEND IS KICKING OFF IN FAYETTEVILLE WITH A NEW EVENT! THE CITY IS MARKING AMERICA 250 WITH "FAYETTEVILLE SOUND BITES"-- MIXING LIVE MUSIC- LOCAL FOODS- AND PLENTY OF PATRIOTIC SPIRIT. 40/29'S LAKYRA BANKS JOINS US LIVE FROM RIGHT IN THE MIDDLE OF THE ACTION. LAKYRA? WHAT A BETTER WAY TO KICK OFF THE HOLIDAY WEEKEND THAN WITH GOOD FOOD- GOOD MUSIC- AND GOOD COMPANY.
Starwood Raises $10.2 Billion for Bets on Data Centers, Housing
Photographer: Lexi Critchett/Bloomberg (Bloomberg) -- Starwood Capital Group raised $10.2 billion for a fund that will invest in data centers, rental housing and other commercial property at a time when the rapid advancement of artificial intelligence is shifting demand for real estate. The firm expects to invest as much as 35% of the money in data centers, Chairman Barry Sternlicht said in an interview. That’s almost double what the firm devoted to them through its previous opportunistic fund.
Sergey Brin’s steep loss highlights New York landlords’ pain Original
By Cameron Fozi, Patrick Clark and Biz Carson, Bloomberg Ballooning costs and strict limits on rent increases have spurred losses for many investors in New York City apartments. Among them: the world’s third-richest man. Google co-founder Sergey Brin offloaded his stake in a New York real estate fund for pennies on the dollar last year after its bets on rent-stabilized apartments soured.
Treetops Resort: Three Legendary Architects, 81 Spectacular Holes
There is a moment on the drive into Treetops when the landscape begins to shift, and you realize—almost subconsciously at first—that this is not going to be a typical golf trip. The road narrows, the trees close in, and the terrain begins to roll in a way that feels more like the Appalachians’ foothills than anything most people associate with Michigan.
Prejuízo de cofundador do Google com imóveis em Nova York expõe entraves do setor
Bloomberg — Os custos crescentes e os limites aos aumentos de aluguel têm causado prejuízos a muitos investidores no mercado imobiliário residencial de Nova York. Entre eles está o terceiro homem mais rico do mundo. O cofundador do Google, Sergey Brin, vendeu sua participação em um fundo imobiliário de Nova York por uma fração do valor original no ano passado, depois que suas apostas em apartamentos com aluguel estabilizado deram errado.
Sergey Brin’s steep loss highlights New York landlords’ pain
Ballooning costs and strict limits on rent increases have spurred losses for many investors in New York apartments. Among them: the world’s third-richest man.
Show More
loading
Actions
Get in touch with Patrick
Contact Patrick, search articles and posts on X, monitor coverage, and track replies from one place.
Learn more about Muck Rack