Adriana Pop
Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https://www.linkedin.com/in/ioana-adriana-pop-811772108/.
Q&A with Scott Orrantia, Senior Vice President & CIO at Oakwood Worldwide
We’re very pleased to have added what is now known as Oakwood Raleigh at Brier Creek to our portfolio.
CBRE Secures $29.3M Financing for Kane Realty’s Multifamily Project at North Hills in Raleigh
Through its Debt & Structured Finance team, CBRE Capital Markets has arranged $29.3 million in construction and mezzanine financing for The Dartmouth, a 171-unit luxury apartment building rising at 104 Dartmouth Road in Raleigh.
JLL Expands in Downtown Pittsburgh, Plans 100+ New Jobs
JLL has signed a lease with Millcraft Investments to occupy three floors totaling 54,000 square feet of office space at the Tower Two-Sixty at The Gardens in downtown Pittsburgh.
Oakwood, Mapletree Group Expand in Raleigh with Joint Venture Acquisition
In a joint venture partnership with Singapore-based Mapletree Group, corporate housing leader Oakwood Worldwide has acquired a 300-unit apartment complex in Raleigh.
Alexander & Baldwin Sells Luxury Condominiums at The Collection in Honolulu
Alexander & Baldwin Inc.’s The Collection condominium project currently under construction in the city’s Kakaako neighborhood has pre-sold 94 percent of its units. Most of the new residences have been purchased by local buyers, the Honolulu-based company announced.
First Hyatt Place in Pennsylvania’s Washington County Celebrates Official Opening
Hyatt Hotels Corp., FFC Capital Corp. and Crescent Hotels & Resorts have announced the opening of a new Hyatt Place hotel next to The Meadows Casino in Washington, PA.
TIAA-CREF Buys Stake in Hawaii’s Largest Shopping Mall
In a $454 million deal, TIAA-CREF has acquired a 12.5 percent equity interest in Honolulu’s Ala Moana Center from General Growth Properties, Inc. (GGP).
Hilton, PK Partners to Develop 125-Key Hampton Inn and Suites at Mixed-Use Community
Hilton Worldwide has signed a franchise license agreement with locally based PK Partners to develop a 125-room Hampton Inn & Suites in the heart of Keystone at the Crossing area in Indianapolis. Construction on the $15 million project is expected to begin later this year and be complete by 2016.
Developers Celebrate Groundbreaking of 164-Key Marriott Hotel at University’s Campus in Raleigh
Construction on Raleigh’s new StateView Hotel at N.C. State University’s Centennial Campus is under way.
Castlebrook Breaks Ground on New Apartment Complex in Uptown Pittsburgh
A large-scale multifamily project will soon rise along Uptown’s Fifth Avenue in Pittsburgh.