News
Daytona Beach Hotel Lands New Management
Hospitality Ventures Management Group has assumed management responsibilities for Delta Hotel by Marriott Daytona Beach Oceanfront, marking its second partnership with owner Summit Hospitality Group.
Waldorf Astoria to Open 1st Miami Location
Property Markets Group will develop the 98-story mixed-use project, which is expected to feature a 140-key hotel and 400 condo units.
JLL Arranges $95M Loan for NYC Office Portfolio
East End Capital teamed up with a family office to purchase and reposition three Manhattan buildings totaling more than 225,000 square feet.
Morgan Properties Buys PA Office Complex
HFF facilitated the sale of Millennium I, II and III, a three-building campus located in Conshohocken, a northwestern suburb of Philadelphia.
Historic Houston Office Property Gets $53M Refi
On behalf of Contrarian Capital Management and Cameron Management, JLL Capital Markets arranged the loan from MetLife Investment Management.
Austin Self Storage Asset Scores LEED Platinum
CubeSmart’s 78,700-square-foot property is equipped with conservation features that create net zero energy status, including solar photovoltaic arrays, geothermal heating and cooling, and rainwater towers.
Historic MA Building Begins Rehabilitation, Expansion Process
Athenian Corner Restaurant, a five-story property built between 1896 and 1905, is a Lowell landmark. Cherrytree Group arranged financing for its revamp, which includes the addition of a boutique hotel.
Construction Begins on 2 LA-Area Industrial Facilities
Prologis is developing two Class A industrial buildings totaling more than 346,000 square feet in Vernon, Calif., a town with an industrial inventory of about 56 million square feet.
Epelboim Completes EVEN Hotel Miami Airport
The 190-key property, the latest in InterContinental Hotels Group’s brand of wellness-focused hotels, is situated near a development that will include a major soccer stadium.
Mack-Cali Sells NY Warehouse for $70M
The disposition of the 386,000-square-foot Elmsford Distribution Center in Westchester County marks another step in the company’s portfolio transformation program.