Finance
Tutor Perini Wins Whopper of a Contract at NYC’s Hudson Yards Project
Tutor Perini has been awarded contracts worth roughly $1.2 billion for the construction of Tower D and The Shops & Restaurants retail complex at New York’s Hudson Yards development.
D.C. Office Building Commands $229M
Spitzer Enterprises shelled out $229 million for a 13-story office building just four blocks away from the White House.
Investment, Occupational Markets Moving Toward Balance, Says JLL
JLL’s latest report suggests that occupational markets will take the driver’s seat across all major global regions and property sectors in 2016.
Asset Sales: A Bridge Over Troubled Water for Equity REITs
By Stephen Boyd, Director of U.S. REITs, Fitch Ratings: Why asset sales is likely to remain a hot topic for U.S. equity REITs through 2016.
Colliers to Arrange Financing for 235-Key Hilton in Boston Area
The dual-branded Hilton hotel is scheduled to break ground in mid-2016 and slated to open in January 2018.
Origin Investments Completes First Closing of its Fund III
Origin Investments has completed the initial closing of its third private equity real estate fund, with a commitment of more than $55.5 million.
Yardi Matrix: San Francisco, Investor Haven?
San Francisco continues to be an economic powerhouse, among the top metros in the U.S. in job creation and home to many iconic brands and technology companies such as Apple, Google and Twitter.
Ten-X Launches New Online CRE Platform
The nation’s leading online real estate marketplace is launching two new transaction platforms, hoping to optimize the process of buying and selling commercial properties.
Paradise Group Acquires Embassy Suites by Hilton Orlando Downtown for $26 Million
In a $26 million deal arranged by HFF, HEI Hotels & Resorts sold the 167-key Embassy Suites by Hilton Orlando Downtown to Korea-based Paradise Group.
Maryland Assists Veteran Business through No-Interest Loan Program
Startup costs for Andy Lee’s Coffeecade will be secured through Maryland’s Military Personnel and Veteran-Owned Small Business No-Interest Loan Program.