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Guardian Life Insurance Co. of America acquires the equity interest in Lowe Enterprise Investors, and senior management retains a 20% stake in the company.
"Patient, flexible, risk-tolerant capital can fill a gap in the financing marketplace, help revitalize neighborhoods, and create opportunities for individuals and families to improve their lives,” says Benefit Chicago executive director Dr. William W. Towns.
Millennials prefer living in locations close to restaurants and entertainment rather than having large kitchens or living rooms for entertaining, and also make living choices motivated by price.
CBS will also retain office space for CBS Studios International's US headquarters and other company departments currently housed on the Television City site.
The joint venture partners report that they have hired Spire Hospitality, AWH's full-service hospitality management company, as the manager of the three properties.
Healthcare Real Estate Insights presented the awards Dec. 6 to the winners of the only comprehensive national program recognizing excellence in healthcare real estate at RealShare Healthcare.