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PHOENIX—The P.B. Bell Companies has acquired The Boulevard, a 294-unit apartment community in north Phoenix. P.B. Bell purchased the luxury apartment community, located near Bell Road and 7th Street, from Franktown, CO-based Slavin Residential for $33.5 million.
LOS ANGELES—In this <b>UPDATE</b> to a previous story, Hessam Nadji expands on Marcus & Millichap's Q115 investor sentiment report, which shows that 68% of CRE investors will increase their holdings this year.
SAN FRANCISCO—San Francisco's retail market exhibited healthy demand during the last quarter of 2014 and three major projects are in the early stages of development.
DENVER—After four years of ownership, American Realty Advisors sells 1515 Wynkoop St. for $54 million more than what it purchased it for from Hines, GlobeSt.com learns in an <b>UPDATE</b> to a previous article.
LOS ANGELES—Experts on the Real Property Contracts panel at the USC Gould Real Estate Real Estate Law and Business Forum explain that boilerplate contract provisions will not exculpate parties from fraud and gross negligence.
MIAMI—There's plenty of talk about South Florida's luxury retail scene lately, especially with the retail components of Brickell City Centre and Miami World Center coming online while rents continue rising on Lincoln Road.
LOS ANGELES—The hotel investor purchases the 120-room Marriott SpringHill Suites Hotel and the 108-room Marriott TownePlace Suites Hotel for a total of $20 million, GlobeSt.com reports <b>EXCLUSIVELY</b>.
Uber drivers are suing the company to be treated as regular employees, which would disrupt the disruptive on-demand car service. Here's why it's a bad idea.