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
Former Marriott Converts into Crowne Plaza
InterContinental Hotels Group has announced the opening of Crowne Plaza Charlotte Executive Park, the Crowne Plaza brand’s newest location.
Carey Watermark Makes $77M Statement in Nashville Hotel Biz
Carey Watermark Investors has announced the acquisition of the Hutton Hotel, one of Nashville’s top hospitality assets.
14-Story Office Tower Sold; Energy-Efficient Affordable Housing Opens
Dean Tower, formerly known as the Republic Tower, located on Florida Boulevard at Cloud Drive, has been sold.
Alco Properties Accesses $4.7M Refinancing Loan for Apartment Property
Leading operator of affordable housing, Alco properties Inc./Alco Management, Inc. has filed a $4.7 million loan on Greenbriar Apartments, refinancing a comparable 2010 loan
Recently Sold W Will Become First Le Méridien in NOLA
Just a month after its sale, there are more changes coming to W New Orleans. The hotel, the second W-branded property operated by Starwood Hotels & Resorts Worldwide, Inc. in the Crescent City will be converted into a Le Méridien property, in a bid to launch the Paris-born brand in one of the hottest US hotel markets.
$50M Luxury Residential Development in the Works for Charlotte
Developer, operator and owner of multifamily and master planned communities, Crescent Communities has announced the acquisition of 2.3 acres in Charlotte for its newest multifamily project planned for the Queen City.
Emaar Launches Sale of Dubai Luxury Residences
Global property developer Emaar Properties PJSC has begun the sale of its newest residential project, Burj Vista II.
$42M in Apartment Transaction for South Carolina
South Carolina’s apartment market saw two significant purchases recently. The acquisitions of The Reserve at Riverwalk in Columbia and Woodfield St. James in suburban Charleston, part of separate deals, totaled 464 units worth a combined $42.2 million in traded apartment assets, stirring up the South Carolina Class A multifamily market.
Planned Parenthood Constructs $4.2M Clinic; Engineers Selected for $615M Pump Station Build-out
Affordable healthcare is always needed, especially in areas with high poverty indexes, such as the Greater New Orleans Area. And that is exactly what is coming to New Orleans. Or rather, expanding.
Memphis to Build Green Lanes; Student Hall Silver LEED Certified
It has been a great week for Memphis green initiatives. One of the biggest news for those with environmentally friendly mindset, was Memphis Mayor AC Wharton’s announcing plans to implement a network of protected bike lanes in Memphis as part of the city’s commitment to the Green Lane Project.