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WASHINGTON, DC—Multifamily is the only asset class where underwriting probably will not get any looser. But all other asset classes will see stretching standards and greater risk-taking.
WASHINGTON, DC—New York City-based Urban Compass reports it has opened its first office in Washington, D.C. with the acquisition of Lindsay Reishman Real Estate, a leading residential brokerage based in the district.
WASHINGTON, DC—Locally-based PM Hospitality Strategies, Inc. reports it will operate two of the first of Hilton's new brand Canopy by Hilton hotels in Portland, OR and Rockville MD.
PHOENIX—In this edition of Deal-Tracker, Coastal Properties Corp. from Alberta, Canada has purchased Hidden Cove, a 150-unit multi-family property located at 2001 W. Union Hills Dr. in Phoenix, from Rosebud LLC of Beverly Hills.
MIAMI—Attorney Jason Kellogg tells GlobeSt.com's Jennifer LeClaire what to look for from a legal perspective in the days ahead, including the impact of foreign condo buyers paying cash, in part two of this <b>EXCLUSIVE</b> interview.
ORLANDO—Avison Young shook up the South Florida commercial real estate scene earlier this week when it announced plans to acquire Abood Wood-Fay, which is currently doing business as Colliers International South Florida.
LOS ANGELES—GPI Companies and Atlas Capital are developing the creative office space, named Fourth & Traction, in the historic Coca-Cola factory in the downtown arts district, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.