Gail Kalinoski
Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor’s degree in journalism from Pace University.
Finmarc Management Buys 250 KSF Retail Asset in Virginia
The Maryland-based company acquired Manaport Plaza Shopping Center for nearly $30 million. The retail center in Manassas is adjacent to another Finmarc-owned shopping center and a regional mall.
Goldman Sachs to Buy European Budget Hotel Chain
PAI Partners, a leading European private equity firm, confirmed it is in exclusive negotiations to sell B&B Hotels, which has 486 hotels in 12 countries.
Park Hotels & Resorts Reopens Caribe Hilton in Puerto Rico
The 652-key hotel in San Juan underwent a massive renovation after it was heavily damaged by Hurricane Maria in September 2017.
Madison International Completes Acquisition of Capital Park Stake
The deal for the controlling stake in the Polish investment company gives New York City-based Madison International a platform to expand in Poland’s commercial real estate market.
Piedmont Office Realty Expands in Atlanta With $95M Buy
The REIT acquired Galleria 100, a Class A office tower in The Galleria master-planned community in northwest Atlanta, near Sun Trust Park and the Cobb-Galleria Convention Center.
Newark Bids to Boost Energy Efficiency
The energy upgrade program covers 17 buildings in New Jersey’s largest city and will save the municipality an estimated $1 million a year.
When Hotels Meet Short-Term Home Rentals
Marriott is entering the growing home-sharing business by offering bookings at 2,000 high-end locations. Meanwhile, Airbnb and RXR Realty are teaming up on hotel-like apartment rentals in Manhattan.
CRE Investors Look Forward to Busy 2019 With Cautious Optimism
The latest survey on investor sentiment from NREI/Marcus & Millichap finds that investors expect an active year ahead but are taking a more conservative outlook.
World’s Tallest Modular Hotel Advances in NYC With $65M Loan
The 168-key AC Hotel New York NoMad, a Marriott-branded asset, is set to open in Manhattan in late 2020, with stacking slated to begin this fall.
Mericle Adding 6 Industrial Buildings in Pennsylvania
Located within the CenterPoint Commerce & Trade Park in Jenkins Township and Pittston Township, the speculative buildings will encompass 802,000 square feet.