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NEW YORK CITY-The Praedium Group has acquired 627 residential apartments here for $26.5 million. In the last three years the company has bought up a total of 3,392 units, including the latest acquisition.
GALVESTON, TX-Dallas-based Wyndham International will be managing a trio of premier Galveston hotels in a five-year pact with 1870 Strand Corp. The contract for Hotel Galvez, Tremont House and Harbor House brings 390 rooms into the portfolio.
ST. PAUL, MN-The St. Paul Port Authority develops a 990-space parking ramp Downtown with ground-level retail space, including a car wash, auto services and audio/video tape rental operation.
ORANGE COUNTY-Vacancy rates have risen to 12.59% in the second quarter of 2001, according to a recent report published by Voit Commercial Brokerage.
MIAMI BEACH, FL-The 422-room convention-resort hotel in the famed South Beach district hires Velton Showell III as sales and marketing director.
SAN DIEGO-One of the world's largest hotel chains has proposed a 500-room hotel on Mission Bay near SeaWorld. These latest plans for Quivera Basin will be considered by city officials in September.
RANCHO CORDOVA, CA-The company has occupied a 77,000 sf building in the Capital Center Business Park since last month and have been looking to expand in the area. Rents in the area go for about $1.65 per sf, monthly, full service.
FORT LAUDERDALE, FL-The locally based developer-operator of extended stay lodging properties reports a 3.1% decrease in second-quarter revenue per available room and a 5% drop in occupancy.
AUSTIN-The state capital's sublease market is taking a rest, says a regular market tracker in his latest report. A 2,000-sf decline is certainly not an indication that Austin's office market, which boasts about 2.9 million sf of sublease space, has stabilized.
LONDON-Icon has leased a 30,000 sf office building at Development Securities' Globeside business park in Marlow, Buckinghamshire. The deal follows the recent letting of a switch centre to BT Cellnet.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
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Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource