Business Specialties
Tocci, Claremont Debut New Boston Hilton Hotel
The 130-key Homewood Suites by Hilton has opened its doors to guests on Boylston Street.
Interwest Capital Acquires Chicago Hotel
The 12-story, 165-key property, formerly known as the Claridge Hotel, was built in 1923.
Yardi Matrix: Steady Growth in St. Louis
Multifamily Summer Report 2016: An influx of professional jobs and the area’s relative affordability are attracting residents and lifting demand for apartments.
OMP Breaks Ground on Industrial Project in Simi Valley
The company’s four-building development will total 141,000 square feet.
Vornado Closes $675M Refi of Iconic Chicago Building
At 4.2 million square feet, Merchandise Mart was the largest building in the world upon opening in 1930.
Nashville Airport Hilton to Be Managed by HP Hotels
The Nashville Airport Holiday Inn hotel will start operating under the Hilton brand towards the end of next year.
C-III Capital Partners Acquires Resource America
Under the transaction, Resource America stockholders will be entitled to receive $9.78 per share in cash, or a total of roughly $207 million.
Acadia Realty Trust Closes Fund with Mega-Buying Power
The firm’s fifth institutional retail fund closed with $520 million in commitments.
Wexford Science & Technology Becomes Independent
The move follows Ventas’ recent acquisition of Wexford’s real estate assets for $1.5 billion.
Industry Veteran Reiff Heads New Lending Venture
The former FirstKey Lending CEO will be heading Allegiant Real Estate Capital, a new specialty lending operation.