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PHOENIX—Hines recently sold Chandler Viridian's hotel pad to Concord Hospitality Enterprises Company of Raleigh, NC, to develop a Cambria Hotels & Suites.
CHICAGO—Even though the number of jobs in Chicago has just now approached the 2008 peak, the amount of occupied space in the CBD has grown significantly since then.
LONDON—A portfolio leased to Telecom Italia, the assets' strategic nature makes them “an attractive acquisition,” says Guillaume Cassou, head of European real estate at KKR.
BOSTON—The Boston capital markets team of Colliers International reports it recently closed $50.7 million in financing for commercial properties in Somerville, Carver, Peabody and Woburn, MA from three separate sources including a bank, CMBS lender and insurance company.
LOS ANGELES—Held back for decades by restrictive foreign exchange rules while China's economy boomed, Chinese money is now eager to flow out, writes Blank Rome's Mike Margolis in this <b>EXCLUSIVE</b> commentary.