Business Specialties
Blackstone Sells Phoenix’s Largest Resort
Trinity Real Estate and Elliott Management have acquired JW Marriott Desert Ridge, a 396-acre luxury property.
Aimbridge Hospitality, Interstate Hotels to Merge
The combined company will be a global force in third-party management, providing services to a portfolio of more than 1,400 properties spanning 20 countries.
EQ Office Sells Washington Asset for $231M
The investment vehicle of Spanish tycoon Amancio Ortega acquired the asset just north of the White House from the Blackstone affiliate.
CBRE Selected to Lease Tampa Office Building
The Class A, 133,887-square-foot property is part of the Fountain Square Office Park in the Westshore submarket.
Trammell Crow JV Breaks Ground on Maryland Medical Pavilion
The partnership began work on a seven-story, 169,000-square-foot facility at White Oak that is slated for a February 2020 opening.
Talonvest Secures $10M for Go Store It
The financing includes a $4.8 million construction loan and a $5.5 million acquisition loan.
Marriott Hotel Opens in San Diego
The 222-key TownPlace Suites is located close to San Diego International Airport and the downtown area.
3 Trends Reducing the CRE Carbon Footprint
A progress report from ULI’s Greenprint Center on climate-related legislation, economic reform and environmentally responsible investing.
Construction Starts on Embassy Suites Hotel in Northern Florida
The 255-key resort will rise next to the Pier Park lifestyle center in Panama City Beach, Fla. The property is expected to welcome its first guests in 2021.