Globest Sectors

Rent growth is very strong in the entire Tampa MSA but particularly strong in infill locations like Central Pinellas and Clearwater.

Passco is drawn to Atlanta because of its numerous demand drivers, booming employment growth, and a geographic landscape that has fostered an expansive sprawl of desirable places to live and invest.

Clarion acquired the 18-story, 491,573-square-foot office tower from a joint venture of The Fallon Company and Barings, on behalf of an institutional investor.

Global real estate services firm Newmark Group has acquired retail advisory firm Harper Dennis Hobbs Holdings Limited based in London.

The Washington, DC-based firm, which is the development arm of National Real Estate Advisors, has announced the addition of Canopy Philadelphia Center City, which will be part of the Hilton portfolio. The hotel is scheduled to open in the spring of 2020 at 1180 Ludlow St.

Goldman Sachs Private Bank has closed a $175 million loan to refinance the Moxy East Village, a 286-key Marriot-brand hotel on East 11th Street.

To date the partnership has commenced two multifamily development projects in Boston and in Fort Lauderdale, FL.

The company is entering a phase of aggressive acquisitions.