$550M Hotel Project Moves Forward in South Boston
BOSTON—The Massport Board approved a proposal last week valued at $550 million by Dallas-based Omni Resorts and Hotels and New Boston Hospitality to build the new 800,000-square-foot complex on a two-acre parcel in the city’s waterfront district.
LOS ANGELES—Demographic diversity is going to help keep our economy thriving, and the next generation is already taking the reigns, Hessam Nadji of Marcus & Millichap said in his keynote speech at RealShare Los Angeles.
CHICAGO—The National Council of Real Estate Investment Fiduciaries’ NCREIF Property Index has now registered four consecutive quarters of sub-1% appreciation.
NEW YORK CITY—He joins the firm after serving as president of US operations for Colliers International, and previously toiling at several other industry companies in senior level positions.
NEW YORK CITY—In an SEC filing on Wednesday, KKR Real Estate Finance Trust cites “strong demand” for commercial real estate debt capital domestically.