Southeast

Long-term sustainable demand and, as a result, resistance to market fluctuations creates a compelling investment opportunity at this current stage of the cycle.

Pei gave “this century some of its most beautiful interior spaces and exterior forms,” said the jury of the Pritzker Architecture Prize, which Pei won in 1983.

“We've been hearing apartment building transaction volume in the city has slowed, which would make sense since potential buyers may be waiting for more certainty in order to figure out how best to price assets."

The two non-core hotels located in small markets have a combined RevPAR of $65 and did not match the overall quality of the hotelier's portfolio.

Bungalow, which was launched in 2017, currently operates in the Bay Area, Boston, Chicago, Los Angeles, New York City, Portland, San Diego, Seattle and Washington, DC and now Philadelphia. The firm launched operations in Boston last month.

The primary submarket for this 18-hour city trend in Jacksonville is the downtown area, but it has been slow to develop. However, other urban core and inner suburban submarkets are picking up the slack with numerous multifamily developments.

The apartment complexes, with a total of 3,911 units, are in Florida, Georgia, South Carolina, North Carolina, Indiana, Illinois and Texas.

Signal House, a 225,000-square foot building designed by Gensler, is a winner of a Gensler Design Excellence Award.