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The investor will reposition Harrah's Reno Hotel and Casino into Reno City Center, a mixed-use property with 528 apartment units and 250,000 square feet of office and retail space.
EYA, Bozzuto and the Housing Opportunities Commission of Montgomery County to develop mixed-use apartment building within the 45-acre, master-planned neighborhood.
A "special area plan" is a zoning process in Miami 21 that allows a developer that assembles over nine acres of land to apply for the right to build at much greater height and density than would otherwise be allowed.
Fitch ran various stress scenarios to determine how telework would impact demand, rent and net cash flow on 2012-2020 vintage office CMBS transactions.