News
PA Casino Resort Commands $281M
Boyd Gaming acquired Valley Forge Casino Resort, a 40,000-square-foot casino in King of Prussia. The resort includes 500 hotel rooms, eight restaurants and bars, and more than 100,000 square feet of meeting, convention and exhibit space.
Economy Watch Weekly: Year-End Travel Volume Hits New Record
In the last podcast of the year, Economy Editor Dees Stribling weighs in on the state of the U.S. economy and consumer behavior as we head into 2018.
Skanska to Build $125M Mixed-Use Tower in MA
The company is developing on EF Education First’s campus in Cambridge. EFIII will include office and administrative accommodations, as well as student housing.
Blackstone Closes $1B CLO
The CRE collateralized loan obligation, which diversifies the company’s funding sources, is the largest of its kind since the financial crisis.
Economy Watch: Retailers Likely Had Strong Holiday Season
While the data is still being complied, increases in consumer confidence and personal incomes are positive indications that retail sales were up this holiday season.
Rockbridge Opens Nashville Luxury Hotel
The restored 13-story downtown property first opened as a hotel in 1930 and now features a fitness center, complimentary Wi-Fi, valet parking and a rooftop bar.
Philips Edison REIT Goes Shopping in GA
The shopping center is located at 2700 Braselton Highway, approximately 25 miles from downtown Atlanta and near an upcoming interchange off Interstate 85.
C&W’s John Cefaly on What Makes a Top Broker
Close to celebrating half a century at the 100-year-old firm, this leading New York broker has advice to share.
Economy Watch: GDP Up 3.2% in 3Q
U.S. real GDP growth improved a bit in the third quarter, indicating economic growth remains steady as we head into 2018.
NYC’s Largest Modular Hotel Tops Off
Working on behalf of Brack Capital Real Estate and citizenM, general contractor Rinaldi Group is quickly approaching the completion of the 300-key citizenM Bowery Hotel.