Suzann D. Silverman
Suzann D. Silverman is editorial director of CPE. She has covered the commercial and multifamily real estate industry since 1995, becoming editor-in-chief of Commercial Property Executive (formerly Commercial Property News) in 1998 and editorial director of both CPE and Multi-Housing News in 2016. She is also a longtime board member of the National Association of Real Estate Editors, currently serving as vice president. You can reach her at suzann.silverman@cpe-mhn.com.
Bellwether Enterprise to Merge with Towle Financial Services
Bellwether Enterprise Real Estate Capital L.L.C. late last week announced its intention to merge with Towle Financial Services, a full-service mortgage banking firm with offices in Minneapolis and Detroit.
MARKET REPORT: Atlanta Real Estate Market Shows Promising Mid-Year Results
By Balazs Szekely, Associate Editor The upswing in the Atlanta economy continues as employers create more and more jobs, indirectly fueling the residential market. This growth is not perfectly balanced; the central core of the metro area and the Northern Perimeter are performing better due to expanding employers and major projects such as the new Braves stadium and adjacent mixed-use development. Almost 75,000 new jobs are expected in the area, expanding payrolls by 3.1 percent. During the past 12 months, the apartment market took delivery of about 5,900 rental units. That was 2,800 more than in the previous four quarters,…
BRG Takes Stake in Town Park’s Residential Component
Bluerock Residential Growth REIT (BRG) has announced its plan to co-invest in the apartment community that will be developed as part of the Publix-anchored master-planned mixed use development called Town Park in Orlando.
Noble Picks up Marriott Hotel near Miami International Airport
The recently renovated SpringHill Suites by Marriott Miami Airport South is under new management after Noble Investment Group acquired the facility in late July. The property is the second Miami hotel in the organization’s portfolio.
P.B. Bell Snaps Up Phoenix M-F Assets for $170M
The P.B. Bell Cos. completed the biggest deal in the company’s history and one of the largest in the Phoenix area since the recession, snapping up seven apartment communities for $168.5 million.
Ramada Kissimmee Maingate West Rebrands
Ramada Kissimmee Maingate West joins the Magnuson Grand Hotel brand, a recent written announcement released by Magnuson Hotels reports. Following the rebranding procedure, the name of the facility will change to Magnuson Grand Hotel Maingate West.
Westrec Marinas Gets $10M Loan for Haulover Marine Center Development
Site work on a 508-rack marina storage has kicked off as developer Westrec Marinas acquired the necessary funds through Florida Community Bank. Holliday Fenoglio Fowler arranged the $10 million five-year, floating-rate construction loan on behalf of the borrower. The HFF team speaking for Westrec was led by managing director James Dockerty and senior real estate analyst Scott Wadler.
Hugh Kelly: Today’s Site Selection Criteria
Counselors of Real Estate 2014 Chair Hugh Kelly outlines corporations’ new site selection priorities during NAREE’s 48th annual conference in Houston.
Hugh Kelly: Key Issues from the CRE Top 10
Counselors of Real Estate 2014 Chair Hugh Kelly discusses some poignant considerations for real estate that are part of the annual top 10 list, presented at NAREE’s 48th annual conference, which took place in Houston in June.
Gated Golf Course Community Opens in Orlando
The Reserve at Alaqua, a private golf course community in northeastern Orlando is now available to future residents. Located at 3109 Players View Circle in Longwood, within the Alaqua Country Club, the homes are close to Wekiva Preserve.