News
Tru by Hilton Stays True to Orlando
The upcoming 259-key hotel marks the largest property to date for the brand, which has achieved the fastest-growing pipeline in the history of the hospitality industry.
JLL Secures $78M Refi for Texas Shopping Center
The financing provided by Goldman Sachs will be used to refinance an existing loan for the 466,950-square-foot shopping center located in Pharr.
Celebrating 30: Forest City Revives Stapleton
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: Forest City’s almost 20-year commitment to developing Stapleton Denver. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
KBS Picks Up South Carolina Office Tower
CBRE’s team of Patrick Gildea, Matt Smith, Justin Parsonnet, Martin Moore and Aaron Dupree worked on behalf of the seller in the transaction. The asset was 98 percent leased at the time of the sale.
KTGY Unveils OC Little Saigon Design
The city is currently reviewing plans for a new urban infill retail, hospitality and residential development in Westminster, Calif., which will evoke the spirit of pre-1970s Vietnam.
Insite Pays $28M for Houston Office Asset
The 160,407-square-foot office property was completed by KDC in 2006 as the third in a series of speculative office buildings located in Tampa, Atlanta and Houston.
Oil Prices, Supply Still Influence Houston’s Market
The outlook for Houston’s multifamily sector will stay cloudy as the market continues to show signs of instability, mostly due to negative rent growth and decreasing occupancy in the upscale Lifestyle segment.
Dual-Branded Charlotte Hilton Breaks Ground
The 219-key Hampton Inn & Suites/Tru by Hilton Charlotte Airport Lakepointe is expected to open in December of 2018.
Lowe, Partners Kick Off $300M Culver City Development
Co-developer AECOM Capital and an investment vehicle sponsored by Rockwood Capital are also part of the Los Angeles-area transit-oriented project.
NKF Closes Sale of 15-Story East Bay Office Asset
Situated in a prime transit-oriented location, the Class A tower is located in a rapidly transforming submarket, adjacent to the Concord BART station.