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IRVINE, CA—With capitalization at historical lows, there is little to no room for more compression and a much stronger likelihood that cap rates will move in a similar direction to interest rates, Faris Lee's Rick Chichester tells GlobeSt.com.
SAN FRANCISCO—While the price for the Ritz-Carlton was undisclosed, recent sales may indicate a softening of the hospitality market, especially when compared to prices of 2014 when Parc 55 was estimated to have sold at $550 million.
According to a recent white paper, considering the priorities of renters in the new shared economy will create win/win scenario for both owners and tenants.
WASHINGTON, DC--REITs will continue to finance development because it gives them access to core deals at the lowest basis, CohnReznick's David Kessler says.
FRISCO, TX—Caddo Holdings makes a significant investment to completely make over the dated 12-story Mockingbird Towers property into a space that welcomes tenant interaction.