Hotels

The portfolio consists of the 251-room VERVE-Crowne Plaza Boston-Natick and the 188-room Hampton Inn Boston-Natick in Natick and the 184-room Holiday Inn Boston Bunker Hill Area in Somerville.

The Coastal Commission recognizes that “one-size does not fit all” when it comes to short-term rental regulation.

Long-term, the spin-off from Caesars Entertainment Operating Co. will look at diversifying beyond gaming, “but we're going to do so using very strictly self-imposed criteria,” VICI Properties CEO Ed Pitoniak tells GlobeSt.com.

The two sharing-economy giants are testing a program to make shared office space available to business travelers in New York City, Los Angeles and other markets.

The new building—Corporate Commons Three at the Teleport—will complement the Nicotra Group-owned existing fully-leased Corporate Commons One (120,000 square feet) and Corporate Commons Two (180,000 square feet) properties at the campus.

Xenia also reported on Wednesday it had purchased The Ritz-Carlton Pentagon City, a 365-room luxury hotel in Arlington, VA for $105 million, or approximately $287,670 per key.

There has been a number of trades in the Washington DC area in recent weeks as the year is winding to a close.

For a while the REIT had been selling off its Washington DC-Baltimore area properties.