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PHOENIX—Indian Bend Hotel Group, LLC, an affiliate of CDIF, LLC, a private equity fund managed by Caliber Companies, announced today that it has closed on the purchase of the 101-room Hampton Inn & Suites Scottsdale-Riverwalk for $10.4 million.
LOS ANGELES—The Swig Co. and Intercontinental Real Estate Corp. partner to purchase Fox Hills Business Park, a 75,300-square-foot office park, in an all-cash transaction.
NEW YORK CITY—Lee & Associates' top NYC executive makes bold predictions about the sector—and shares an upbeat outlook on all CRE types—in this <b>EXCLUSIVE</b> interview.
WEST PALM BEACH, FL—Located at 444 West Railroad Avenue, Courthouse Commons is the last building in Downtown West Palm to offer 20,000 contiguous square feet on one floor. Find out what else makes it stand out in the market.
DOYLESTOWN, PAS—Powerlytics, a “big data” provider of financial insights and analytics into 144 million households and 27 million businesses, has licensed its data to (RE)meter, an automated lease underwriting tool created by commercial real estate veterans Scott Openlander and Jack Buck.
MIAMI—CBRE's Diana Parker tells GlobeSt.com's Jennifer LeClaire how her team plans to raise the occupancy at Airport Corporate Center from 78% to 90% in a year.
Real estate lags, the stock market predicts… So should we be worried? Really only perceptions among investors are finally changing by turning more pessimistic. For real estate markets—retail and hotels will register the impacts sooner. The recent volatile downward moves on Wall Street and world exchanges only underscore what has been obvious—the global economy remains impaired and has lived off extremely low interest rates. Europe has not recovered from the 2008 debt crisis—ageing demographics and welfare state systems…