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HOUSTON-In four transactions, Houston-based L.J. Melody & Co. has structured $54 million in financing for office buildings from the East Coast to the West Coast. The largest package, $17 million, goes to the Churchill Hotel in Washington, DC.
CHARLOTTE, NC-The online full-service commercial real estate loan services provider is adding the 10-year-old, Utah-based, 45-worker property inspection company to its roster of realty experts. The value of the acquisition wasn't disclosed.
WALNUT CREEK, CA-Roger Gage, a Senior Vice President with Cushman Realty Corp., has been elected Associate Chairman of the International Development Research Council, the world's leading professional association for corporate real estate executives, service providers and economic developers.
SAN DIEGO-Manchester Resorts plans to break ground by the end of the month on a $140 million expansion of the Hyatt Regency Hotel near the downtown Convention Center.
LONDON-Industrial property specialist Slough Estates has stepped up its European expansion programme with three new warehousing projects totaling over 1.3 million sf in France, Belgium and Germany.<
ORLANDO-Lynx, the area's transportation system, plans a $29.2 million, 228,000-sf Downtown bus-taxi-shuttle terminal on six acres near the $200 million, 25-story Orange County Courthouse complex.
NEW YORK CITY-Rolling blackouts may be rolling your way, if the majority of respondents to GlobeSt.com's most recent Quick Survey are correct. Most believe that the problem will grow to national proportions before getting better.
ALEXANDRIA, VA-Home Properties has acquired 344-unit Virginia Village here and 384-unit Sandalwood Apartments in Owings Mills, MD for a total of $44.6 million. The REIT plans to spend $6.1 million in renovations.
FARMINGTON HILLS, MI-The quarterly dividend of the REIT that owns, manages and develops neighborhood community shopping centers or single-tenant properties remains the same as it was last July at $1.84 per year.
ORLANDO-In the largest land deal this year, Sentinel Communications Co. paid Martin Andersen-Gracia Anderson Foundation Inc. $8.18 million or $1.9 million per acre ($43.67 per sf) for a 4.3-acre tract on Concord Street where Sentinel already is the largest area property owner.
From Placer.ai
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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.
Download ResourceFrom Building Engines
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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.
Download ResourceFrom Placer.ai
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Download ResourceFrom Assurant
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