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AUSTIN--Home2 Suites by Hilton has opened its 50th hotel in less than five years. The company has tapped the Domain submarket for the debut of its latest hotel. Home2 Suites by Hilton, a mid-tier, all-suite hotel brand marketed to modern business travelers and extended-stay guests.
IRVINE, CA—GlobeSt.com learns <b>EXCLUSIVELY</b> that the two-property portfolio is located in Orlando and Cary, NC, and was purchased for $45.9 million in an off-market transaction.
DALLAS--Huffines Communities has broken ground on a 650-unit apartment community in Rowlett. Harmony Hill will feature a distinctive, urban-inspired design with upscale amenities and finishes.
ROSEVILLE, CA–Greystone Real Estate Advisors closed the sale of Alta Manor senior community with DiNapoli Capital Partners of Walnut Creek, CA acquiring the property for $16.55 million.
CHICAGO—The west suburban submarket does not have much new construction, but GlenStar will soon build a luxury development in Lombard that should attract the interest on institutional investors.
CHICAGO—Demand for this investment-grade product has remained robust in the past year, and new supply has started to decrease as banks decide to wait and see what impact technological changes have on their retail outlets.