News
Economy Watch: Consumers Seem Nervous About Brexit
U.S. consumer sentiment took a dip in early July, largely due to increased concerns about the U.S. economy’s prospects after the Brexit vote.
General Contractor Announced for LA Rams Stadium
A joint venture between Turner and Aecom landed the construction contract for what is expected to become the world’s most expensive sports arena.
Leading Water Company to Build HQ in Camden, NJ
The new corporate headquarters will be part of the Camden Waterfront, a $1 billion, 20-acre master-planned development.
San Jose Marriott Changes Hands
The 510-key hotel, which is connected to the McEnery Convention Center, traded for roughly $300,000 per room.
Yardi Matrix: Dynamic Triangle
Multifamily Summer Report 2016: The N.C. Triangle is among the top U.S. metros when it comes to supply, with transactions and rent increases rounding up the image of a healthy, tech-focused market.
Marcus Cook Joins Baum Realty Group as New Senior VP
The commercial broker has 18 years of experience in various branches of commercial real estate, including the hospitality sector.
Benchmark, Gemstone Hotels & Resorts Merge
The new company, which will be chaired by Burt Cabañas, will operate 58 independent properties, most of them located in the U.S.
CBRE to Handle Leasing Efforts for 384 KSF Richmond Portfolio
The seven buildings, which form a Class A and B mix, are owned by Westdale Real Estate.
DDR Corp. Changes CEO
Following the termination of David Oakes, the Beachwood, Ohio-based retail REIT appointed a new CEO and announced two additional assignments.
Detroit’s Viola Liuzzo Park Undergoes $1M Makeover
The park will benefit from green infrastructure meant to prevent storm water runoff in the surrounding residential area.