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The pipeline remains full as demand continues for readily available access to capital on well thought-out projects ranging from large flagged hotel brands to boutique concepts such as the 61-key Park James.
There's not a lot of product out there, and when it does come up, it gets chased pretty aggressively, driving cap rates down for top-shelf, select-service hotels, CBRE's Rod Apodaca tells GlobeSt.com.
Are ever-improving amenities raising quality-of-life expectations, and are low renewal rates having a dampening impact on the sector? Fred Pierce weighs in with GlobeSt.com on these issues and the SDSU West initiative.
UK's Purplebricks is bringing its flat-rate brokerage concept to Los Angeles, and while the company is currently focused on residential, it believes flat fees are the future of brokerage.
Art made from used computer floppy disks, an iron sculpture that is the impression of a 1983 Toyota Land Cruiser and restaurant tables carved to look like blades of an Asian fan, all reflect a Texas-Asian juxtaposition.
There is sustained demand in the Port submarket from the plastics industry for rail-served properties in anticipation of petrochemical plants coming online in 2018 along the Gulf Coast.