News

Paramount Closes $850M Financing of NYC High-Rise

The group acquired the 45-story asset in 2008 for $1.5 billion.

DLC Makes Its Biggest Buy Ever with Retail Portfolio

The 16 shopping centers total roughly 4.9 million square feet.

World’s Tallest Skyscraper Breaks Ground in Dubai

The $1 billion Tower at Dubai Creek Harbour is slated for completion by 2020.

HFF Closes $228M Office Sale in DC Between Invesco and UNIZO

UNIZO Holdings of Japan acquired the 12-story, 332,022-square-foot Executive Building.

Mövenpick Expands in South Asia

Scheduled to open in 2019, the 240-key project marks the third Mövenpick hotel in Bangladesh.

Economy Watch: Fed Divided on Interest Rates

The FOMC once again decided against a rate hike in September, with uncertainty that there will be any rate increase by the end of this year.

Waterstone Resort & Marina Joins Hilton’s Curio Collection

The 139-key waterfront property was formerly a DoubleTree by Hilton hotel.

CBRE Appoints Austin Valuation Expert to Capital Markets Team

After 19 years with CBRE, David Thibodeaux moves from consulting and valuation to investment sales.

TCC, Clarion Partners Purchase 95 Acres in Austin

The first phase of the project is the development of two buildings totaling 247,000 square feet scheduled for completion by early 2017.

Dermody Properties Develops Industrial Facility in Cincinnati

The new building is near Northern Kentucky International Airport and will be complete by May 2017.