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
Inland American and Kessler Enterprises Develop $25M Charleston Luxury Boutique Hotel
Inland American Real estate Trust, Inc. in a joint venture with Kessler Enterprises has announced the development of the 50-key Grand Bohemian Hotel Charleston, the first luxury hotel to be developed in Charleston in ten years.
Tax Credit Housing Gets $14M Financing From Magna Bank and Metropolitan Bank
Magna Bank and Metropolitan Bank have engaged in $14 million of financing for the Second Phase of Crescent Bluff Apartments affordable housing project in the South Main district of Memphis, announced developer Elmington Capital Group
As Winter Olympics Near, Marriott Opens 428-Key Hotel Close to Sochi Venues
As visitors from around the world prepare to converge on Russia’s Sochi resort region for the Winter Olympics next week, Marriott International Sochi Marriott Krasnaya Polyanahas opened the 428-key Sochi Marriott Krasnaya Polyana Hotel near the Krasnaya Polyana Mountain Cluster, one of the two main Olympic locations.
$65M New Nashville Ballpark Breaks Ground
New Nashville Ballpark, the future home of the Nashville Sounds minor league baseball team, has officially broken ground.
Circle Food Store, Magnolia Marketplace to Curb NOLA’s Retail Shortage
One of the most highly anticipated retail openings in the Crescent City, the second coming of the Circle Food Store in the Seventh Ward, was recently celebrated.
Trade Street Residential Pays $44M for Memphis Luxury Apartments
Florida-based Trade Street Residential, Inc. has announced the acquisition of the 330-unit Miller Creek at Germantown luxury apartment community for $43.8 million from LIV Development LLC – formerly known as Red Mountain Development.
70-Unit Affordable Housing for South Charlotte; NorthMarq Arranges Financing for Metrolina Apartments
Affordable housing could be on its way to South Charlotte, as Charlotte City Council has approved a rezoning request for a 7.23-acre site on Weddington Road, clearing the way for the Charlotte-Mecklenburg Housing Partnership (CMHP) to develop an up to 70-unit subsidized apartment complex.
Luxury Apartments Headed for Record-Breaking Sales, $50M Westmont Apartments Set to Break Ground
Following the recent $51.25 million sale of the 244-unit West End Village, it looks like record-breaking is in the air for Nashville’s apartment market.
Public-Private Partnership Brings 878 Student Housing Beds and 110KSF Office Building to Columbia
Student housing continues to enjoy an upswing in South Carolina, with Columbia being at the foremost of student housing activity. And a new public-private partnership between the University of South Carolina (USC) and Atlanta-based Holder Properties will spice things further up.
Commerz Real Picks Up $174M Office Project for Real Estate Fund in Germany
Commerz Real has signed an acquisition agreement for a 230,000-square-foot office space in Cologne, Germany’s fourth largest city, for $174 million on behalf of its open-ended real estate fund.