Notable Hollywood Tower Sold by Joint Venture in $16.4 M Deal
By Alex Girda, Associate Editor The Cahuenga Media Tower, one of the most representative properties in the Hollywood submarket of Los Angeles, recently traded hands. An undisclosed buyer paid $16.4...
View ArticleApril Issue: Property Management—The Budgeting Game
By Amanda Marsh, Contributing Writer As the Great Recession recedes in the rear-view mirror and demand for space bounces back in many major markets, owners are again taking a hard look at their...
View ArticleLuxury Rental Complex in Downtown Waltham Starts Leasing
By Veronica Grecu, Associate Editor Downtown Waltham gears up in anticipation as the initial phase of the first apartment complex constructed in Waltham in decades is nearing completion. The Merc at...
View ArticleFirstService Residential is Nevada Trails’ New Manager
By Alex Girda, Associate Editor FirstService Residential recently added the 1,000-plus residential units of the Nevada Trails community to its 50 million-square-foot portfolio. The Florida-based real...
View ArticleExtensive Renovations Announced for The Shores at Las Colinas in Irving
By Liviu Oltean, Associate Editor The Shores at Las Colinas LaSalle Investment Management, a Jones Lang LaSalle independent subsidiary, will soon begin work on the renovation of the Alesio Urban...
View ArticleAdler Kawa Real Estate Advisors Picks Up Shopton Ridge for $33M
By Eliza Theiss, Associate Editor Shopton Ridge While Charlotte’s apartment and office market garner all the attention, the Queen City’s industrial market is also experiencing a growing interest from...
View ArticleKauai’s Aston Aloha Beach Hotel to Reopen as Hilton Garden Inn by Early 2016
By Adriana Pop, Associate Editor Hilton Worldwide has signed a franchise license agreement with the owners of the Aston Aloha Beach Hotel in Kapaa, on the east coast of Kauai, to convert the property...
View ArticleCarey Watermark Investors 2 Drops $56M on CBD Hotel
By Eliza Theiss, Associate Editor Courtyard Nashville Downtown Carey Watermark Investors 2 Incorporated (CWI 2), a publicly registered real estate investment trust focused on the hospitality industry,...
View ArticleHistoric Chisca Hotel Nears Grand Opening as Apartments
By Liviu Oltean, Associate Editor Chisca Hotel Rendering A little over two years ago, Main Street Apartment Partners L.L.C. and Carlisle Corp. announced that they will be repositioning the century-old...
View ArticleFillmore Takes Over Management of the MileNorth Hotel Chicago, Plans $12M...
By Ioana Neamt, Associate Editor MileNorth Hotel Chicago Fillmore Hospitality, LLC took over management of the MileNorth Hotel Chicago located in the city’s popular River North neighborhood. The...
View ArticleSan Francisco City Hall Sets LEED Record
By Alex Girda, Associate Editor San Francisco’s century-old City Hall was recently awarded LEED Platinum Certification by the U.S. Green Building Council. The building is the oldest in the United...
View ArticleAtlantans Exchange SoCar Apartment Community
By Eliza Theiss, Associate Editor Legacy at Sandhill Atlanta-based Wilkinson Group is growing in South Carolina, having purchased its fifth property in the Palmetto State. The 240-unit Legacy at...
View ArticleKeeping Up with Lendlease
By Eliza Theiss, Associate Editor Lendlease unveils new logo, known as the ‘fold’ Leading international property and infrastructure group Lendlease is switching things up with an eye on the future. The...
View ArticleExtended Stay Hotel Opens in Pittsburgh’s East End
By Adriana Pop, Associate Editor Hyatt Hotels Corporation and Concord Hospitality Enterprises announced the opening of the newest extended stay hotel in Pittsburgh. The Hyatt House...
View ArticleBlackstone Taps Team for Willis Tower Makeover
By Ioana Neamt, Associate Editor Willis Tower Chicago Following its $1.3 billion acquisition of the Willis Tower, real estate heavyweight Blackstone Group is adding even more bling to the iconic...
View ArticleSPOTLIGHT ON PHILADELPHIA: Euro Fashion Retailer Expands in U.S. with Sizable...
By Veronica Grecu, Associate Editor A European fashion retailer looking to expand overseas has officially entered the US market by leasing a 40-acre site in Pennsylvania’s Lehigh Valley industrial...
View ArticleNew Griffin REIT Grabs MGM Campus
By Alex Girda, Associate Editor As Las Vegas’ residential market continues its climb from the recession, the city’s office market is also continuing to improve. Griffin Capital Essential Asset REIT II,...
View ArticleSuccessful Repositioning Project Nets Record-Setting Price
By Alex Girda, Associate Editor An extensive renovation process recently resulted in the record-setting sale of a commercial asset near the CBS Television City. The Souferian Group just netted $19.6...
View ArticleExecutive Spotlight: Recipe For Success, Kris Broder of BECO Management
By Adrian Maties, Associate Editor Rockville, Md.-based BECO Management Inc. has had a lot of success attracting tenants to its Greater Baltimore-area properties this year. This success is a result of...
View ArticleHFF Lands Loan for Southeast Denver Apartments
By Ioana Neamt, Associate Editor The Parc at Cherry Creek – 7555 E. Warren Dr. Denver With the help of Freddie Mac’s Capital Markets Execution program, HFF has managed to secure a $45 million...
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