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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
CHICAGO-DiamondRock adds the 1,192-key Magnificent Mile lodging to its holdings as it waits in anticipation for what looks like a record convention year for the Windy City. The seller is a joint venture of Carlyle Group and LaSalle Hotel Properties.
CHICAGO-DiamondRock adds the 1,192-key Magnificent Mile lodging to its holdings as it waits in anticipation for what looks like a record convention year for the Windy City. The seller is a joint venture of Carlyle Group and LaSalle Hotel Properties.
WASHINGTON, DC-Analysts see the Blackstone/CarrAmerica deal as a win-win situation. Mack-Cali certainly does, pocketing $16 million as it sheds its stake in the newly merged DC company.
WASHINGTON, DC-Analysts see the Blackstone/CarrAmerica deal as a win-win situation. Mack-Cali certainly does, pocketing $16 million as it sheds its stake in the newly merged DC company.
NEW YORK CITY-Continuing its aggressive acquisition stance, the Blackstone Group will acquire all of the outstanding common stock of the locally based developer and owner. Liquidation of the company will follow.
NEW YORK CITY-Continuing its aggressive acquisition stance, the Blackstone Group will acquire all of the outstanding common stock of the locally based developer and owner. Liquidation of the company will follow.