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The REIT has partnered with several institutional investors for the deal, including BTG Pactual Timberland Investment Group, Highland Capital Management, Medley Management and a major Canadian institutional investor.
When complete, the Hyatt Regency Stonebriar will have a 3,000-square-foot Frisco public library available for use by hotel visitors and city residents, and connect directly to the mall, Stonebriar Centre.
Koontz continues to pursue multifamily, office and industrial in familiar markets with a growth strategy to stay with fundamentals and respond to proven demand with the right product at the right price.
Commercial real estate has grown into a multi-trillion-dollar industry, largely without the benefit of purpose-built software or other tools designed to address its specific pain points. Today, however, its major players are steadily converting to a new way of doing business.
The closing on the sale of the Renaissance Tampa International Hotel is expected in the second quarter and will complete a reverse 1031 exchange initiated to acquire the Ritz-Carlton Sarasota in April for approximately $171 million.
In the second part of a two-part <b>EXCLUSIVE</b>, Zinwave's Scott Willis discusses the need for future-ready technology that offers the wireless connectivity reliability that leading businesses demand.
In this <b>EXCLUSIVE</b>, Zinwave's Scott Willis discusses how connectivity demand impacts CRE as today's workforce prefers using personal devices over methods that keep them tethered to desks.
A rehab property is very profitable despite the low census of 55% prior to the marketing period and the recent transaction allowed for the in-state operator to lessen its exposure to the Texas Panhandle.