Business Specialties

Kate Ivanova, Vice President, McHugh Construction. Image courtesy of McHugh Construction

Hotel Development: Trends, Challenges and Opportunities

McHugh Construction Vice President Kate Ivanova shares her views on the changes that the hospitality sector in Chicago is going through, as well as her role as a woman in the construction environment.

KBS Sells 580 KSF St. Louis Office Property

Lingerfelt CommonWealth Partners has acquired the two-building campus in neighboring Clayton, Mo., the seat of St. Louis County.

Blackstone Pursues Multibillion CRE Fund

The investment management giant is planning to raise $5 billion for its latest real estate debt fund.

Starwood REIT Buys Jacksonville Office Portfolio for $231M

In a joint venture with affiliates of Vanderbilt Office Properties and Trinity Capital Advisors, the non-traded REIT acquired a 1.3 million-square-foot collection of Class A properties in Deerwood Park.

Virgin Hotels Breaks Ground on New Orleans Property

Located in the city’s Warehouse District, the seventh addition to the brand will include more than 200 guestrooms and is slated for completion in 2021.

NJ Power Center Lands $47M Refi

JPMorgan Chase provided Sun Equity Partners the loan for Greenleaf at Howell, a 343,354-square-foot shopping center in Howell that the company acquired six years ago.

Public Storage Expands CO Footprint

The company has brought 700 self storage units to the community of Colorado Springs. The facility is in a new neighborhood, 13 miles of the city’s downtown.

Central Nashville Office Development Opens Doors

Boyle Investment Co. broke ground on the 324,000-square-foot Class A project two years ago, with Northwestern Mutual providing construction financing.

HFF Arranges Portland Medical Office Sale

The 20,994-square-foot Tigard Medical Plaza is a medical office building and ambulatory surgery center. The property sold to a private investor for $14.5 million.

Simply Self Storage Opens 2 Facilities

The company has expanded its footprint with 248,500 square feet of storage space situated in Lindenhurst and Hauppauge, two communities in Long Island, N.Y.