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SAN FRANCISCO—Groundbreaking ceremony planned for Thursday for Greystar and Ivanhoe's 2198 Market Street project that will include 87 homes and 5,000 square feet of retail.
SAN FRANCISCO—Partners Ivanhoe Cambridge and Veritas Investments acquired the group of 11 San Franciso properties, the second large Bay Area buy from the partnership created last year.
LOS ANGELES—According to economist John Silvia at ALIS 2015, hotel revPAR growth peaks in the middle of the cycle, not at the end, which indicates that we may be heading for another recession in the next 2 years.
SANTA MONICA, CA—An investor buys the Ocean Park Plaza, a 100,983-square-foot low-rise office building from Broadreach Capital Partners, which recently completed $3 million in upgrades on the property.
CHICAGO—The Chicago-based firm invests in sectors, such as student housing, healthcare and self-storage, driven by demographics, and investors have responded.
ATLANTA—“We believe these increases are the direct result of corporate real estate professionals assuming more strategic roles and taking on more leadership positions,” says CoreNet Global's Angela Cain.