Business Specialties
Marcus & Millichap Sells $48M Self-Storage Portfolio in Tampa Bay
Marcus & Millichap sold three self-storage facilities located within the Tampa-Saint Petersburg-Clearwater MSA for nearly $48 million.
Hotel Indigo Nashville Downtown Continues Expansion
With 30 additional guestrooms already added to the Hotel Indigo Nashville Downtown, a second phase in the renovation process is about to start.
Four Multi-Tenant Industrial Acquisitions Notched by BKM in Metro Phoenix
The assets greatly expand the company’s Phoenix-area portfolio, with improvements set for all of the new properties.
Cornerstone Comes Through for Blackstone in a Big Way
Cornerstone Real Estate Advisers originated a $335 million loan to fund Blackstone’s acquisition of four Club Quarters hotels across the U.S.
Legg Mason Completes Acquisition of Clarion Partners
The Baltimore-based company paid a reported $577 million to acquire a majority stake in the New York-based real estate investment firm.
Chicago Sets Strict Timeline for New Owner of Old Post Office
Developer 601W Cos. has until June 1 to complete the acquisition of the iconic Windy City building.
George Smith Partners Arranges Financing Measure for Upcoming TOD in Hollywood
George Smith Partners arranged a $30 million bridge loan for a site that encompasses a multifamily development and an existing office building.
Residence Inn Brickell En Route to Magic City’s Major Financial District
Naples Hotel Group acquired the development and management contract for the 206-key hotel, expected to break ground in the first quarter of 2017.
Market in Focus: Fort Lauderdale Rising
An in-depth look at why the hotel and residential sectors are booming in a Florida city that was once best known as a spring break destination.
German Fund Buys Another Boston Waterfront Asset
Union Investment Real Estate GmbH forked out $452 million to acquire a Class A office asset in the Seaport District from Skanska USA.