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SANTA CLARA, CA-In a lender driven sale, Denver-based Archstone-Smith picks up the 450-unit Estancia Apartments for about $10 million less than the seller originally hoped to get when it hit the market nine months ago.
PORTLAND-A decision on whether the company will remain headquartered in Portland or relocate to one of three cities in the Southeastern United States will be made in the next 60 days, company officials tell GlobeSt.com.
SPOKANE, WA-The Kalispell Center Mall and the adjoining WestCoast Kalispell Hotel were to be sold to American Capital Group LLC, which was planning to upgrade the mall. WestCoast now says it will retain ownership of and operating responsibilities for the properties.
TORONTO-The Toronto City Council approves a deal with a consortium of companies for the restoration, revitalization and ongoing operation of Union Station, a National Historic Site, a gateway to Toronto's waterfront and a critical transportation hub.
LOUISVILLE, KY-Using New York-based Studley, Louisville-based Stites & Harbison renegotiates its leases in Louisville and Lexington and relocates its Atlanta office in order to lower its rental rates and plan for future expansion.
AGADIR, MOROCCO- Owned and developed by Helios International, the 402-room hotel in Agadir was completed in May. It re-opens as Le Meridien Palais des Roses in September.
PORTLAND-A source close to the disposition tells GlobeSt.com that an institutional buyer has tied up the property and will pay "in excess of $30 million" for 10-property, 22-building portfolio. The transaction is expected to close in the next 30 days or so.
SAN JOSE, CA-The first "Metropolis Shopping and Entertainment" store--where shoppers can watch advertisements on high-definition screens, provide feedback and purchase items right from their seats--is under construction in San Jose at Westfield Shoppingtown Oakridge.
SAN FRANCISCO-Austin-based Golfsmith International Inc. increases its retail footprint to 35 stores nationwide with the acquisition of San Francisco-based Don Sherwood Golf and Tennis World, a Bay-Area retail chain with locations in Dublin, Fremont, Palo Alto, San Francisco, San Jose and Walnut Creek.
PARIS-The hotel is on the Champs Elysies. The buyer is Hamburg-based Deutsche Immobilien Fonds AG. Strategic Hotel Capital retains the leasehold, which is subject to a long-term management agreement with Marriott International.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
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Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
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Download ResourceFrom Placer.ai
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource