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Ashford Hospitality, HFF Reveal Details of Marriott Financing
By Liviu Oltean, Associate Editor Marriott Memphis East A month after Ashford Hospitality Trust Inc. closed on the $43.5 million purchase of the Marriott Memphis East Hotel, the REIT and its advisor,...
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Grand Del Mar Joins Fairmont Portfolio Following Sale
By Alex Girda, Associate Editor One of the nation’s top hotels is getting a new name to go with its new ownership and management. Fairmont Hotels & Resorts is assuming management duties at the...
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Multifamily Community Planned on Former Industrial Area in Southie
By Veronica Grecu, Associate Editor Several adjacent industrial properties located on a five-acre parcel near Andrew Square in Southie will be replaced by a housing complex by a team of development...
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BDG Enters the Bronx with 40KSF Retail Complex
By Veronica Grecu, Associate Editor The bland corner of Southern Blvd. and Hunts Point Ave. in the Bronx is set for a complex makeover project that will add a new urban retail center in the borough....
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Construction of Highly Anticipated Detroit Apartments to Begin June 11
By Veronica Grecu, Associate Editor One of Detroit’s most anticipated residential projects will finally break ground this summer, more than ten years since the first architectural renderings were...
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Lowe, First Capital JV Grabs Rental Community in Suburban Philadelphia
By Veronica Grecu, Associate Editor Silk Factory Lofts – Lansdale, PA A luxury apartment complex in suburban Philadelphia was acquired by a joint venture between Los Angeles-based Lowe Enterprises and...
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SSS Pays Record Price for Large Self-Storage Portfolio in Michigan
By Veronica Grecu, Associate Editor The National Storage Centers, a 750,000-square-foot portfolio comprising of 12 self-storage facilities located across Michigan was sold last month at a record price....
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$140 Million Upscale Shopping Center Underway in Lower Macungie
By Veronica Grecu, Associate Editor One of the largest open-air shopping centers in the U.S. in recent years is under construction in Lower Macungie Township, north of Philadelphia. Hamilton Crossings...
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The Landmark Building Changes Ownership in $125 Million Deal
By Veronica Grecu, Associate Editor The iconic office building that is home to the Boston Business Journal, Colliers International and First Republic Bank recently traded hands in a transaction valued...
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Luxury Rental Tower with Swimming Pool Underway in Murray Hill
By Veronica Grecu, Associate Editor 225 East 39th Street – Midtown Manhattan NYC A new luxury residential tower is under construction in Manhattan’s Murray Hill neighborhood, where a six-story Hertz...
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$35 Million Student Housing Complex Ready to Break Ground in Grand Rapids
By Veronica Grecu, Associate Editor A new housing complex designed for college students will soon break ground in Grand Rapids. Fulton Place – Grand Rapids MI MLive.com reported that local developer...
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Metro Self Storage Pays $29 million for Self-Storage Portfolio in Suburban...
By Veronica Grecu, Associate Editor Hot on the heels of the National Storage Center’s record sale in Michigan, another portfolio of self-storage properties changed hands this month in suburban...
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Pizzuti Launches Sales Operation for 80 Condos in Bulfinch Triangle
By Veronica Grecu, Associate Editor Forecaster121 – Bulfinch Triangle, Boston The North End is emerging as one of Boston’s most desired residential areas, and developers have responded optimistically...
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Executive Insight: Kevin Finkel, Resource Real Estate
By Liviu Oltean, Associate Editor Phoenix’s multi-family market is on the rise. This year the metro area climbed five positions to 17th place in Marcus & Millichap’s National Apartment Index. Job...
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College of Osteopathic Medicine at NMSU Breaks Ground in Las Cruces
By Anca Gagiuc, Associate Editor Las Cruces recently hosted an event that brought together Governor Susana Martinez, three mayors, the executive chairman, and the presidents of the American Osteopathic...
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Rising Multi-Family Rents Lure More Investors
By Alex Girda, Associate Editor As San Diego multi-family rents continue on their upward trajectory, investors are looking to cash in on their holdings or establish a local foothold. At the end of the...
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Dividend Capital Pays $69M for Portfolio
By Anca Gagiuc, Associate Editor Dividend Capital Diversified Property Fund Inc. has acquired a four-building portfolio of Class A office buildings in southwest Austin for $68.75 million. Located at...
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Martignetti Grabs 115 Acres for New Regional HQs in Taunton
By Veronica Grecu, Associate Editor One of the largest and oldest alcohol distributors in the country is looking to consolidate its operations by moving into a new regional headquarters and...
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13-Story Luxury Condo Building Coming to the Upper West Side
By Veronica Grecu, Associate Editor A 6,600-square-foot development site located next to the landmark Lucerne Hotel on the Upper West Side was sold to Anbau Enterprises, a luxury real estate developer....
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Google Grows in Michigan
By Veronica Grecu, Associate Editor Google Logo Google Inc. plans to expand its footprint in Michigan by building a new corporate campus roughly 44 miles west from Detroit. By the end of 2016, the...
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