Investment
Red Rock Resorts Bets on Palms Casino Resort in Las Vegas
Red Rock Resorts subsidiary Station Casinos LLC has reached a definitive agreement to acquire the upscale resort.
Newmark Holdings Grabs Long Island City Office Asset
A joint venture between Newmark Holdings and Olmstead Properties paid $60 million for an office tower in Queens.
Watt Companies Names New Chief Financial Officer
Brian Burdzinski brings valuable experience both within the company and elsewhere to his new C-suite role.
Economy Watch: As Percentage of GDP, CRE Edges Up
CRE investment as a proportion of the entire U.S. GDP is trending up for most property sectors.
CIT Survey: CRE Execs Divided About Outlook for 2016
The recently released 2016 Commercial Real Estate Outlook was conducted online by Forbes Insights among 201 senior commercial real estate executives.
PREI + (PREI) = PGIM Real Estate
Due to great international growth, Prudential Real Estate Investors will soon operate under one brand at a global level.
Scottsdale Hotel Repositioned as Aloft After $4M Transformation
The accommodation facility features the industry’s first keyless entry system and offers wellness and entertainment options.
Granite Bay Retail Center Snapped Up by Vestar
Improvements are already lined up for the Sacramento-area asset.
Economy Watch: Apartment Fundamentals, Sales Still Solid in Q1
While real estate sales across all major property types dropped 20 percent in the first quarter, apartments were the only sector that reported a year-over-year increase.
Manhattan Book Warehouse Sees New Life as Cutting-Edge Home of Beacon High School
Beacon High School moved into its new 235,000-square-foot home, which includes a 432-seat black box theater, a gymnasium, art and music rooms, and even a dance studio.