Hotels

Here's a look at this week's trends, announcements and deals that you may have missed in the country's North West region.

JERSEY CITY, NJ—The firm anticipates 2016 dispositions to total approximately $730 million, consisting of 27 office buildings totaling 4.5 million square feet and one residential building with a GAAP NOI yield of approximately 5.5% overall.

NEW YORK CITY—Conversely, volume in portfolio and entity-level sales is down by nearly one-third year to date, according to Real Capital Analytics.

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

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.

NEW YORK CITY—The US hotel industry continues to be a good news/bad news story. The lodging sector has experienced RevPAR growth for 79 consecutive…

NEWPORT BEACH, CA—“The odds seem to favor a world in which hotels and home sharing can peacefully co-exist,” says Green Street Advisors, which also sees opportunities for the multifamily sector.

NEWARK, NJ—The Berger Organization owns a vacant parcel on Broad Street that it hopes to include in a large-scale development project that would encompass a casino hotel, convention center and multiple parking venues.