News
Economy Watch: Is Airbnb Affecting Rents in Major Metros?
A new study by FiveThirtyEight reveals why Airbnb’s impact on rental markets is still small in most cities, but could contribute to country’s already severe housing shortage.
597-Key Hospitality Portfolio Changes Hands in Columbus
Schulte Hospitality Group along with a private equity firm acquired both hotels in a transaction facilitated by The Plasencia Group.
Iconic West Hawaii Resort to Reopen in 2019
Kamehameha Schools has signed a ground lease agreement with Kennedy Wilson to reopen Kona Village Resort on Hawaii’s Big Island.
Two-Building Office Complex in Tempe Sold by Cordia
The Tempe submarket has been growing in leaps and bounds, leading to unsolicited deals such as the one completed by a three-party partnership.
JLL’s Changing of the Guard
Christian Ulbrich, a company veteran who has served as president since June, will succeed longtime CEO Colin Dyer on Oct. 1.
Qataris Buy $622M Stake in NYC-Based REIT
An affiliate of the Qatar Investment Authority has acquired a 9.9 percent interest in Empire State Realty Trust.
Tishman, TRINITY Join $500M NoVa Project
Gramercy District will be the first ‘smart city’ in the D.C. area and one of the first in the country.
Hines Grabs West Valley Distribution Center
The 820,384-square-foot industrial asset is currently occupied by Amazon.
Jacobs to Design Pfizer Global Biotechnology Center
The $350 million project is Pfizer’s third biotechnology center globally and the first in Asia.
Colorado Is the First State to Integrate Rooftop Solar into Weatherization Services
Nine local agencies partnered to demonstrate the feasibility of combining energy efficiency and rooftop solar power.