News
Economy Watch: Demand For Skilled Nursing Facilities Edges Up in Q1
The percentage of Medicare patients among the overall mix of patients is also increasing, according to the National Investment Center for Seniors Housing & Care, reflecting the growing important of Medicare within the skilled nursing sector.
Office Evolution Completes Fort Collins Business Center
The 13,000-square-foot space comprises two floors and offers on-demand office space that includes co-working space, 38 private furnished offices and conference rooms.
Hines, Henderson Park Enter Hotel Market in Greece
The joint venture paid $37 million to acquire Athens Ledra Hotel, an eight-story, 315-key property at 115 Syngrou Ave. in central Athens.
NAI Miami Secures Lease at Pinecrest Village Plaza
Edward Schmidt and Timothy Merriman represented the landlord in the lease negotiations. The new space provides the tenant with a new open showroom.
B’More Self-Storage Project Lands Financing
The 993-unit self-storage project will be a conversion of a former textiles office and warehouse facility and is expected to be completed in the second quarter of 2018.
Keeping Millennials in the Workplace
Blurring the boundaries between home and work environments helps employers cater to the restless Millennial workforce, keeping them engaged longer.
DDR, Madison International Recap $1B Retail Portfolio
The joint venture refinanced 52 grocery-anchored shopping centers totaling 7 million square feet. The properties are predominantly located in Florida and elsewhere in the Southeast.
Final Deal Inked for $1.6B Penn Station Addition
The project’s centerpiece will be the conversion of the century-old James A. Farley mail sorting room in Midtown Manhattan into the 255,000-square-foot Moynihan Train Hall.
Hilton Garden Inn Grows With 4 More Hotels
The new lodging destinations, with opening dates in May and June, will add more than 600 guestrooms to the brand’s portfolio in Florida, Michigan, Pennsylvania and New York.
Missner Invests in Ill.-Based Corporate Grove Business Park
The company acquired a fully leased 121,000-square-foot industrial facility in Buffalo Grove, Ill., and plans to use it as investment property.