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
First Hotel to Open in Gulch Has $17.5 M Price Tag
The hotel, a future Fairfield Inn & Suits by Marriott is being developed by Chattanooga, TN-based Vision Hospitality with Brentwood, TN-based Biscan Construction as main contractor.
Hines Picks Up Mercedes-Benz Bank Building in Germany
International real estate firm Hines purchased the Mercedes-Benz Bank Building in Stuttgart, Germany, for a reported $70 million.
West End InterContinental Hotel Will Finally Happen
Nashville just can’t get enough of hotels it seems. After years of uncertainty an InterContinental hotel is finally coming to Music City’s West End Summit, the 900,000-square-foot office mega-development helmed by local real estate guru Alek Palmer.
University of South Carolina Keeps Local Student Housing Market Hot
Student housing, a nationwide trend, has been for some time now, one of the most dynamic markets in South Carolina, especially in Columbia. One of the main drivers of the local housing boom has been and continues to be the University of South Carolina (USC), which has steadily increased it student body.
Dr. Martin Luther King Jr. Charter School for Science, Technology Goes Solar
Fortune 300-company NRG Energy, Inc. has announced dedicating a solar photovoltaic installation and opening the NRG Playground at the Dr. Martin Luther King, Jr. Charter School for Science and Technology in New Orleans.
LNR Affiliate Picks Up Memphis Marriott for $12.4M; New Breed Logistics Announces $23M Expansion
The 315-key Memphis Marriott at 2625 Thousand Oaks Blvd has sold for $12.4 million in a foreclosure auction to an affiliate of LNR Partners LLC, the Miami Beach, Fla.-based special servicer.
Mixed-use Midtown Asset Sold for $94M; Suburban Medical Facility Trades for $14M
Birmingham, Alabama-based Colonial properties Trust, Inc. has announced the sale of Metropolitan Midtown in Charlotte, North Carolina. The mixed-use property, developed in 2008 with Pappas Properties brought in sales proceeds of $94.4 million
Regent Homes Plans Boutique Luxury Condos in Nashville
After a long stretch in which apartment news ruled the Nashville multifamily scene, Middle Tennessee developer Regent Homes and Companies has announced plans for a 16-unit luxury condo development in Hillsboro Village.
$3.5M Repentance Park Set for February Opening
The wait for the highly anticipated Repentance Park, a stunning public open space will soon be over, announced the Downtown Development District of Baton Rouge.
Summit Hotel Properties to Buy Five New Orleans Hotels for $135M
Publicly traded REIT Summit Hotel Properties, Inc. has announced entering a definitive purchase agreement for a five-hotel portfolio in Louisiana. The properties, all located in the Greater New Orleans Area, are expected to be purchased for approximately $135 million.