Eliza Theiss
Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at eliza.theiss@yardi.com
Blackstone Buys Three Hotels, Parking Garage for $76M
Global investment and advisory firm The Blackstone Group has invested $75.7 million in New Orleans’ real estate, picking up three centrally-located hotel properties and a parking facility
Virgin Hotels Nashville will Feature Cutting-Edge Recording Studio
Hot on the heels of the opening of Virgin Hotels Chicago, Virgin Hotels’ first hotel development, the company has released details regarding Virgin Hotels Nashville, the brand’s second location.
Parkway Properties Sells 525 North Tryon for $60M
525 North Tryon, one of the iconic high-rises of the Charlotte CBD has traded hands, selling for $60 million or about $147 per square-foot
Bruno Picks Up Algiers Commercial Centers, Plans Further Development
Joshua Bruno has been making quite the splash in the New Orleans real estate market, with a special focus on the Algiers submarket, snapping up several properties in late 2014.
Stiles and Prudential Real Estate Advisors Drop $108M on Ft. Lauderdale Office Tower
By Eliza Theiss, Associate Editor New River Center, a 281,713-square-foot Class A trophy office tower in downtown Fort Lauderdale, was sold for $108 million or $383 per square foot. The institutional-quality asset was picked up by a joint venture formed by Prudential Real Estate Investors (PREI) and Stiles Property Fund (SPF). SPF was launched in […]
Centennial Snaps Up Mount Juliet Community for $47.75M
The former Aventura at Providence apartment community in Mount Juliet has joined Centennial Holding Co.’s portfolio.
Joint Venture Sells Dwell at McEwen for $81.1M
t’s been another great year for the Nashville real estate industry, particularly for the apartment market. New projects abounded and sales shattered records yet again. In fact, Nashville apartment asset sales surpassed the $1 billion mark, shattering the previous sales record of $744 million set in 2013
LTC Properties Opens 48-bed Memory Care Community in Aurora
By Eliza Theiss, Associate Editor Senior housing and health care property REIT LTC Properties has announced the opening of the $9.8 million Chelsea Place, a 48-unit memory care community in Aurora, Colorado. The property is leased to Anthem Memory Care under a 10-year master lease, marking the third collaboration between LTC and Anthem in the […]
$94M David Whitney Building Redevelopment Brings Apartments, Hotel to Detroit Hotspot
The redevelopment of Detroit landmark The David Whitney Building is now complete, after more than three years in the making. Following an investment of $94.5 million, the now fully-renovated structure features 108 apartments at The Residences and a 136-key Aloft hotel.
Lexerd Buys 354-Unit Foxfire Apartments in Durham; Berkshire Group Breaks Record with $76.8M Apt. Purchase from Crescent Communities
Private Equity Firm Lexerd Capital Management LLC has announced the purchase of Foxfire Apartments, a 354-unit apartment community in Durham, NC.