Business Specialties
Colorado Cools, But Opportunity Remains
By Chris Nebenzahl and Justin Dean, Yardi Matrix While Denver has outpaced the national averages for rent growth and rental rates in recent years, the metro has finally begun to cool as significant construction begins to come on line and the rapidly accelerating economy eases. Market players echo this theme of slower growth, but Denver continues to plenty of opportunity. For the past few years Denver has been one of the nation’s best-performing real estate markets, as job growth and an influx of Millennials has sent demand for housing, office space, and retail sky high. Home values, too, have risen…
YANMAR America to Develop Georgia Facility
The company has purchased 50 acres of land in Acworth, Ga., and invested $20 million in order to develop a new training and customer experience facility.
Perth City Centre Holiday Inn Opens in Australia
$25 million went into the 18-month remodel of the Holiday Inn Perth City Centre location.
Delinquencies Dip in October
The delinquency rate declined in December, according to S&P Global Ratings data.
Maximizing ROI for Ground-Up Developments
By Michael McCormick, McCormick Construction & Todd Pratt, Evolution Strategic Ventures: The key strategies to maximize project profitability.
C&W Taps Santora to Head Tri-State Region
The 40-year veteran of the firm served most recently as its global COO.
KLX Aerospace Solutions Selects Miami for Global HQ
The new 500,000-square-foot headquarters will allow the firm to enhance its existing operations and recruiting efforts.
DC-Area Office Asset Trades for $79M
Atlantic Realty and Angelo, Gordon & Co. plan to complete a $6 million renovation program at the newly purchased complex.
Rockbrige Completes Facelift of Raleigh Marriott
The extensive restoration of the hotel doubled the property’s meeting space and upgraded numerous amenities.
BGL Completes $20M Financing for Cambria Hotel Development
The financing will support Ceres Enterprises and The Orlean Co.’s third development of Choice Hotels’ Cambria brand.