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PHOENIX—“The View from the C-Suite” kicked off Wednesday's full slate of sessions at the Lodging Conference held at the Arizona Biltmore this week, with a variety of discussion points handled by the panelists.
HOUSTON—Prism says it believes the market has hit bottom in terms of oil pricing and associated impact on hotel demand, likely remaining static in the near term before it starts showing meaningful recovery.
AUSTIN, TX—The center buyer believes the location near the neighborhoods of Lakeway, Steiner Ranch and Riverplace, and along the 620 corridor will allow employees to work near where they live.
DALLAS—Vacant for many years, The Drever holds a great deal of Dallas' most storied history and plans focus on reimagining an office building into a community-driven gathering place.
LOS ANGELES—Tejon Ranch and Majestic Realty partner to build a 480,000-square-foot industrial property north of Los Angeles, one of several big industrial developments coming to the market.
NEW YORK CITY—The project's developer, SL Green—a REIT that also is the city's largest office landlord—has nabbed some hefty construction financing for the effort.
RIVERSIDE, CA—The reason for the optimism is partially due to the headwinds facing the State's economy are coming largely from external rather than internal sources.