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315-Room Westin Imagine Hotel in Orlando Trades
ERGS WI Orlando REO has bought the 315-room Westin Imagine Hotel in a premier location of Orlando.
Miami Gets First LEED-Certified Hotel with 221-Room Hampton Inn & Suites
The Hampton Inn & Suites Miami just got the U.S. Green Building Council’s Leadership in Energy and Environmental Design certification, making it Miami’s first LEED-certified hotel.
Canada’s Ivanhoé Cambridge Invests $234M in Silicon Valley Apartment Market
Ivanhoé Cambridge acquired a 208-unit apartment building in San Jose, and announced plans to develop a 648-unit property in the same city.
EXPO REAL Special Report: John Jacob Astor Award Winner Announced
On the second day of the EXPO REAL , a commercial real estate conference in Germany, the winner of the prestigious John Jacob Astor Award was unveiled.
Griffin-American Healthcare REIT Acquires Six Buildings for $109M
The healthcare REIT’s addition of the latest six buildings brings its total portfolio value to approximately $1 billion, based on the amount paid for the 121 buildings in 26 states.
Stunted Chicago M-F Project Gets $115M Construction Financing
The downtown Chicago project 111 Wacker Drive is getting its second wind. The multi-family property, which never came to be in 2008 due to the financial crisis, will now be slated to open in 2014.
Rezidor Appoints Neumann as President & CEO to Succeed Ritter
The Rezidor Hotel Group tapped Wolfgang Neumann as the next president & CEO, following the retirement of Kurt Ritter, the longest serving CEO in the hospitality industry.
137-Unit Suburban Boston Apartment Trades for Reported $40M
Wellington Place, a Class A property in Medford, Mass. has come under new ownership.
Buchanan Street Partners JV Acquires 193 KSF Office Building in Suburban Denver
Buchanan Street Partners and Lowe Enterprises bought Parkridge, a Class A, six-story office property in a Denver suburb.
JLL Tapped for 190 KSF Leasing Assignment in New York
Jones Lang LaSalle was chosen by Brause Realty to tend to the tenant roster of 52 Vanderbilt, a Class A property in the heart of Midtown Manhattan.