News
Playa Resorts to Go Public with $500M Infusion
The merger between Pace Holdings Corp. and the luxury hospitality firm will deliver an enterprise value of $1.75 billion.
Creative Offices Create Value: Transwestern Report
“Converting retail and industrial properties is a profitable value-strategy,” according to the study.
Carnegie Robotics Named Top Industrial Renovation
NAIOP honored the project for transforming a Pennsylvania steel mill into a high-tech facility.
Trump Hotels Unveils Vancouver Tower
The $360 million high-rise is now the second tallest in the city.
MRP Realty, Barings Close on Philadelphia Office Asset
Three Parkway was originally built in 1970 and underwent renovations in 2005.
Macy’s Inc. Sells Its Downtown Minneapolis Store
601W Cos. acquired the building for $59 million and plans to redevelop it into a mixed-use property.
MEPT Nabs Atlanta-Area Kedron Village II
MEPT Fund also owns the adjacent Kendron Village I, a grocery-anchored retail center.
Jonathan Rose Lands Forest City’s Affordable Housing Arm
The $500 million acquisition doubles Jonathan Rose’s portfolio and includes 48 communities totaling nearly 8,500 units in seven states.
Investment Outlook Stays Upbeat, Despite Unknowns: NAI Global Panel
Although major policy changes could change the prospects for some asset categories, the picture remains largely positive, experts say.
Hard Rock International Brings Next Resort to Malta
From construction to its completion in 2020, the project is expected to have created 1,500 new jobs.