Anca Gagiuc
Anca Gagiuc brings more than a decade of experience within the real estate industry. She is a senior associate editor with Commercial Property Executive and Multi-Housing News who also writes monthly multifamily reports at Yardi Matrix. Contact Anca at anca.gagiuc@cpe-mhn.com
Facelift in Store for Central Corridor Hotel
Embassy Suites Austin – Central, the all-suite hotel in Austin’s Central Corridor, has been acquired by a company known to invest in upgrading the hotels it adds to its portfolio.
Next Up for Vintage Mall’s Makeover: Apartments
Earlier this year, Austin’s first suburban shopping mall closed its doors after 46 years of existence. The retail center is going through a redevelopment process under the new ownership of Austin Community College.
Colorado-based Investor Serves the Duke City
Monarch Investment and Management Group picked up a New Mexico multifamily community that has been owned by TGM Associates for nearly two decades.
Ashford REIT Finds Ripe Pickings in Napa Valley
Although it’s just mid-summer, Napa Valley is already ripe for investment. The area’s hospitality market is one of the strongest in the entire state, a fact that has become evident by the recent price paid for a facility by investor Ashford Hospitality Prime. The company announced the completion of an $85 million deal for the Bardessono Hotel and Spa in Yountville.
Private Equity Firm Structures Capital for Apartment Acquisition
In the Northwest submarket of San Antonio there’s been reported a new multifamily transaction. A residential community has changed hands and obtained funds for renovation.
Marcus & Millichap Secures Shopping in New Braunfels
A retail property located in New Braunfels has changed ownership with Marcus & Millichap marketing the asset and arranging the sale. Walnut Square Shopping Center has been acquired by a private investment partnership.
Niagara Bottling Springs in Seguin
The City of Seguin, Guadalupe County, and the Seguin Development Corporation announced recently that Niagara Bottling, LLC has chosen Seguin, Texas to build its new water bottling factory.
International: Hilton to Warm Up Iceland
Hilton will be opening its very first Canopy by Hilton brand in the world, in a colder climate.
REIT Expands Footprint with Parkside Buy
Just two months after Houston-based Whitestone REIT entered Austin’s prosperous market by purchasing the 128,934-square-foot Davenport Village, the company announced expanding its Central Texas portfolio with two more service-oriented centers.
New Flagship Development – French Quarter to City Park Connector
As The City That Care Forgot approaches the fatidic date ten years ago when Hurricane Katrina left it 80 percent flooded, a nine-acre plot sale stands as sign of new development.