Globest Sectors

The PGA has outgrown its existing footprint in Palm Beach Gardens but needs to remain in a golf-centric location so it recently finalized an agreement that will move its headquarters to Frisco in mid-2022.

With oil recently falling to 18-month lows in late December, there are concerns that the recovery of the Houston economy could stall if oil's market price remains below $50 per barrel for an extended period.

The Raleigh, NC-based student housing owner-operator purchased the 288-bed, 58-building complex located less than two miles from the University of Texas—San Antonio, in partnership with Hong Kong-headquartered investment firm Centaline Investment Management Co.

Extell founder Gary Barnett has appointed Sush Torgalkar as the real estate development and investment firm's CEO and president.

The Osborne Group brought a mixed-use office and retail asset from 50% occupancy to 100% occupancy by focusing on local industries.

The city charges in its lawsuit that Metropolitan Property Group, the Katris and the agents, along with 18 alleged corporate entities affiliated with the employees, turned at least 130 apartments across 35 residential buildings, including one entire building in East Harlem, into illegal short-term rentals primarily through Airbnb.

“We capped off a historic year with the most activity we have ever seen."

Douglas Development Corporation's original loan for the 200-key, 14-story hotel at 1011 K Street NW in Downtown Washington, DC was comprised of $35-million loan held by BHI and a $10.6-million mezzanine piece held by another investment firm.