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TAMPA, FL-Richard Conti, COO of Cleveland-based Boykin Lodging Co., is named president of the locally based Plasencia Group Inc. He will succeed Lou Plasencia who will remain chairman and CEO.
Shopping centers, especially those anchored by quality grocery stores, continue to be at the top of most investors' shopping lists and are also the product of choice for many lenders, according to a random survey of lenders, brokers and owners conducted by Debt & Equity Journal. New trends are also surfacing in retail development, including a shift from enclosed mall development to lifestyle and community and neighborhood centers, says Nat Zvislo, research director at the Chicago-based Real Estate Capital Institute.