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
Vision Hospitality Opens 126-Key Hotel in The Gulch
Downtown Nashville now boasts another hotel with the opening of the 126-key Fairfield Inn & Suites by Marriott Nashville Downtown at The Gulch.
80 Mixed-Income Apartments Coming to Historic Downtown Building
Developer Green Coast Enterprises in partnership with the Crescent City Community Land Trust (CCCLT) has closed on the sale of the historic Pythian Temple building at 234 Loyola Avenue, clearing the last hurdle in the way of development
108KSF Northlake Commons Fetches $31.5M, While 65KSF Terraces at University Place Sells for $8.2M
Charlotte’s retail market continues to be red-hot. Most recently an affiliate of Lincoln Property Co. picked up the Northlake Commons retail center for $31.5 million
$100M Distribution Facility Brings 1,500 New Jobs to Nashville
Under Armour recently announced plans to develop a one-million-square-foot warehouse and distribution facility in the Nashville MSA that will create 1,500 new jobs over the course of five years.
670 KSF Former World Trade Center Hits Development Block Again
New developers and project ideas are sought for the redevelopment of the 33-story former World Trade Center, announced the City of New Orleans and the New Orleans Building Corporation.
Trinity Capital Advisors Announced 300KSF Office Tower, Sells 313KSF Perimeter Woods Business Park
Trinity Capital Advisors has announced plans to develop a new 300,000-square-foot office tower in Charlotte’s South End submarket.
Summit Equity Investments Pays $11M for Carrington Ridge Apartments
By Eliza Theiss, Associate Editor As Music City’s apartment market continues to sizzle, investors are constantly on the lookout for new investment opportunities in the Nashville MSA. Case in point: Summit Equity Investments, Inc. which just picked up the 152-unit Carrington Ridge Apartments, marking the company’s third Nashville acquisition this year, according to the Nashville […]
MARKET SNAPSHOT: Nashville’s Booming Economy
By Eliza Theiss, Associate Editor Nashville—Exceeding the national job growth average for a fifth year in a row, with a 2.4 percent expansion accounting for 20,000 new jobs, Nashville is an increasingly attractive market for both multifamily and commercial investors, Marcus & Millichap data shows. Music City’s strong economic growth, lower entry costs and higher than average first-year ROIs are sparking robust interest from out of state buyers, many of which are transposing capital from getaway markets. Targeted properties are generally worth $10 million with 80 to 100 units. The dearth in these types of properties is further sharpened…
New Orleans Hotels Rebrand, Expand and Start Anew
It’s not breaking news that New Orleans is a thriving tourist hub. As such, hotel development is a big part of the city’s real estate business. Recently a string of new hotel development lit up the local real estate and tourism sectors.
Hines Puts 625KSF Charlotte Plaza on the Market
The Charlotte Plaza office high-rise is up for sale, making it the third uptown office tower to hit the market this year