Northeast

In a GlobeSt.com interview, Michael Sheinkop, president, brokerage recruiting and acquisitions at Newmark Knight Frank, shares what went into acquiring the Wisconsin brokerage.

Stearns will oversee CBRE's global finance and accounting organization, including tax, treasury, balance sheet management, financial planning and analytics and investor relations.

The travel and co-working company that has 22,000 beds across 13 countries has an $850 million valuation.

With this promotion, DeMartino will oversee all development operations for the Greater Boston region, including land acquisitions, development, design, construction management, leasing and divestment.

Despite broad gains in the real estate capital markets, higher interest rates hit retail net lease. The good news is that falling rates have raised its outlook.

The initial portfolio will comprise 38 hotels consisting of 27 Hyatt Place properties and 11 Hyatt House hotels located in the US, with a total of 4,950 rooms and an appraised value of about $720 million.

Wolfington's appointment will enable Endurance to source more off-market opportunities, according to Benjamin Cohen, managing principal and CEO.

“Value-add multifamily is still in high demand,” says Marcus & Millichap's Clarke Talone. “Buyers are willing to accept low current returns for an opportunity to improve a property and generate higher rents.”