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PHOENIX—HREC Investment Advisors announces it has arranged the sale of the 257-guestroom Hilton Phoenix Airport Hotel in Phoenix. The buyers were Wanamaug Hospitality and Interstate Hotels and Resorts. The seller was Mass Mutual Life.
ORLANDO—A rising star in the CBRE organization, James Mitchell currently represents more than 1 million square feet of institutional-grade retail shopping center product and has huge retailers as clients.
TAMPA, FL—Franklin Street's Zach Ames is calling out a trend that will guide higher property values leading to a point in the real estate cycle where development has returned.
MIAMI—Foreclosed in August and vacant for years, a St. Pete REO multifamily is getting a second lease on life as the workouts from the economic bust continue.