Globest Sectors

Upfront licensing fees have been a short-term boon for state coffers, but revenue from gamblers will still have to wait.

“By year-end 2018, Chicago hotels are forecast to see a RevPAR increase of 4.1%," says Mark Eble, managing director and Chicago practice leader for CBRE Hotels Advisory.

The redevelopment will transform the CPMC campus from a large-scale hospital to a single family and multifamily project by Robert A.M. Stern Architects, known for designing contextually appropriate residential buildings.

Local proprietors make up 75% of Philadelphia's Center City retail mix; vacancies are half of the national average.

Retailers succeeding in today's market are focusing on diversification and brand placement.

The intent is to increase the overall size of the multifamily portfolio during the next several years through strategic buildout of its robust development pipeline alongside opportunistic acquisitions.

Harvey's silver lining was an improvement in both multifamily vacancy and rent growth, which has resulted in Houston remaining a competitive investment market, especially when paired with above-average job growth.

The real estate company that launched earlier this year is building a 460-unit residential building at 241 W. 28th St.