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

Ascend, Wyndham Add Downtown New Orleans Hotels to Portfolio

Ascend Hotel Collection, a network of historic, boutique and unique hotels and member of Choice Hotels International, Inc. has announced the addition of four new hotel properties to its growing portfolio, now 77 properties strong.

FedEx HQ Sold for $22M; New Walgreens Coming to East Memphis

Escondido, Calif.-based Realty Income Corp. has purchased the FedEx corporate headquarters, paying $22.6 million.

Three Multifamily Communities Trade for $83M

Richmond, Virginia-based Landmark Apartment Trust of America, Inc. (LATA), has announced the acquisition of three Charlotte multifamily communities for an estimated $83 million. The three assets, Mallard Creek, Abbington Place and Ashley Court have a combined 795 units and are 93 percent occupied.

Melbourne’s Largest Office Tower in 25 Years Purchased for $462M

Real estate investment trust IOF has announced the acquisition of a premium office project in Melbourne in partnership with Investa Commercial Property Fund.

$60M Condo and $80M Apartment Projects Stir Up Nashville

Thanks to favorable market conditions, developer LaRawn Scaife Rhea’s 34-unit luxury condominium project The Manning at Belle Meade could soon restart development.

131-key Hotel Picked Up by CWI, Goes Under HRI Management

New York-based Carey Watermark Investors Incorporated (CWI) recently announced the acquisition of a five-property Hilton-branded hotel portfolio from Fairwood Capital, LLC-managed entities.

Amstar, Huntington Buy 500K SF Industrial Portfolio in Memphis; Bull Realty Arranges Sale of $16M Medical Office Building

Denver-based real estate investment manager Amstar and Huntington Industrial Partner, a fully integrated industrial owner and operator have announced the purchase of over 500,000 square feet of industrial space in Memphis, TN.

$20M Boomtown Casino Hotel Breaks Ground

Hospitality continues to drive the Crescent City and it’s no surprise what with the success of the 2013 SuperBowl and the recent announcement that WrestleMania 30 is to take place at the Mercedes-Benz Superdome in 2014.

332-unit Columbia Community Picked Up by SVB; Eco-Friendly E-Waste Processor Announces $40M Investment

Kansas City-based SBV Communities has announced the purchase of the 332-unit Quail Run Apartments in Columbia. The purchase, which closed February 22nd, is SVB’s first step into the Columbia market.

$20M ER Breaks Ground; Roby Commercial Completes VA Outpatient Clinic Renovation

Carolinas Healthcare system broke ground on its newest free-standing ER facility. The new venture will rise on Rocky River Road in Harrisburg, Cabarrus County