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Put fears of economic distress aside – for the most part. Impeachment talk and a looming presidential election will impact consumer confidence more than a still-booming upcycle, says Faris Lee's Rick Chichester.
Working on behalf of the borrowers, Lionstone Investments and Midway, JLL arranged $140 million refinancing for GreenStreet, an urban mixed-use office and retail asset totaling 617,000 square feet.
The goal for the hotel's renovation was to energize the interior spaces to represent Westin's Wellness brand, the airport location and its Texas roots, and it feeds off the positive energy of the nearby airport.
Companies want to create a destination to increase office headcounts because face-to-face interaction remains essential for collaboration, says Camille Tighe, a workplace strategist at architecture firm Vocon.
Mill Creek Residential Trust, a national multifamily development and acquisition company, brought the 504-unit apartment community in New York's Rockland County called the Peak of Nanuet.
Safehold Inc., a REIT specializing in ground leases, has agreed to create a $180 million ground lease for 685 Third Avenue, a 31-story office tower one block from Grand Central Terminal.