Cities
Hotel New Orleans to Become Hyatt Place; VA Hospital Moves Forward
By Amalia Otet, Associate Editor
The hospitality industry has always been one of the strong points of New Orleans, given its attraction as a tourist destination – from the impressive French-Creole architecture and rich culture to the lively Bourbon Street and […]
Parmatown’s Lender Files for Receivership
By Adrian Maties, Associate Editor
Parmatown Mall’s mortgage lender has filed for the appointment of a receiver in Cuyahoga County Common Pleas Court. That means the lender, Midland Loan Services, will take control of the property, list it for sale and […]
Apartment Rental Market Drives Property Sales
By Adrian Maties, Associate Editor
Confidence is returning to Cincinnati’s rental market, and that is encouraging investsors to buy. So far this year, investors have spent nearly $107 million to purchase hundreds of apartments that range from student housing to higher-end […]
HYM Details Massive Downtown Project; Braintree Hotel Makeover Kicks Off
By Veronica Grecu, Associate Editor
HYM Investment Group L.L.C detailed plans this week for Downtown Boston’s largest current proposed project: 2.4 million-square-foot mixed use complex on the site of the Government Center Garage. As reported Tuesday by the Boston Globe, HYM wants to build 1.2 million […]
Baltimore’s Inner Harbor to Get New Tenant; Phillips Seafood to Get New Home
By Adrian Maties, Associate Editor
Phillips Seafood announced last week that it will open a 500-seat restaurant by early October at the Inner Harbor’s Power Plant, in space left vacant last summer by ESPN Zone. By September 30, the restaurant in […]
Lenox and LIC Residential Developments Return to Life
By Veronica Grecu, Associate Editor
After receiving a $28 million low-interest construction and permanent loan through the Housing Asset Renewal Program, Queensboro Development will re-start a long-stalled residential development in Queens. The mixed-use development, located at 23-10 41st Ave. in Long […]
Renovation Plans for the Chicago Main Post Office Building Call for the Tallest U.S. Tower
By Veronica Grecu, Associate Editor
Bill Davies, a British developer who owns the currently vacant Chicago Main Post Office Building, has announced his plans to renovate the building and the surrounding area to transform the site into an “urban mecca” that […]
Opening Nears for New Hampton Inn & Suites
By Georgiana Mihaila, Associate Editor
With the opening date set for September 2011, Hampton Inn & Suites Miami Brickell-Downtown has begun wrapping up the final details by appointing two new members to the hotel’s senior staff. Eduardo Chapoval, appointed general manager, […]
Lennar Plans in Charlotte; Crosland Exits Development Market
By Amalia Otet, Associate Editor
Forbes magazine has placed Charlotte among the potential boom cities that are most likely to experience economic growth over the next few years. Despite the recession, the Queen City has done rather well in terms of […]
Wrigleyville West Completion Postponed
By Alex Girda, Associate Editor
Healthcare Trust of America Inc. has been very active with its purchases recently. Its newest target was the Phoenix area. Its acquisition of Desert Ridge Medical Campus near the Mayo Clinic has extended the amount of […]