Globest Sectors

WASHINGTON, DC--Besides making Golden Triangle better connected, the new technology will help the BID maintain the area, BID Director Leona Agouridis tells GlobeSt.com.

NEW YORK CITY—The real estate brokerage firm has tapped two industry veterans to helm the department.

LOS ANGELES—High barriers to entry, strong demand and great fundamentals, has created a perfect storm in the Burbank-Glendale market for multifamily investors, GlobeSt.com reports in this EXCLUSIVE story.

LOS ANGELES—Hollywood and Playa Vista account for 67.1% of new office construction, which illustrates the demand from tenants to be in interesting and innovative spaces.

GREENWICH, CT—Much of the 280-property select-service portfolio came into Starwood Capital Group ownership with the $1.2-billion acquisition of TMI Hospitality in 2014.

STAMFORD, CT—“We are done listening to excuses from the Taubman family for the company's undervaluation and inferior operating performance,” Land and Buildings' Jonathan Litt writes in a letter to Taubman Centers' independent directors.

SAN DIEGO—There is a significant difference between what a new apartment project costs to build or buy today and the pricing on 1970s and 1980s vintage projects, which can typically be acquired for well below replacement costs, Pathfinder's Lorne Polger tells GlobeSt.com <b>EXCLUSIVELY</b>.

CHICAGO—The developer has helped transform several of Chicago's industrial neighborhoods into trendy office centers, and plans to go national with projects in Portland, Miami and Nashville.