News

ibis Styles, an AccorHotels brand

AccorHotels Completes $550M European Sale

The portfolio bought by Grape Hospitality includes 85 properties, mostly economy and mid-scale, of which 61 are located in France.

Design Team Selected for Obama Presidential Center

Two architectural firms have been selected to design the future Barack Obama Presidential Center in South Side Chicago.

Seattle Airport Marriott, lobby

Seattle Airport Marriott Sells, Changes Management

Recently acquired by AWH Partners from Host Hotels & Resorts, the 459-key property will undergo extensive renovations.

Meet Mortenson’s New Senior VP

Greg Werner has been with the company since 1990.

The Shops at Valley Square in Warrington, Pa.

CBRE Arranges Sale, Financing for Suburban Philly Retail Center

A Poag Shopping Centers joint venture is the new owner of The Shops at Valley Square lifestyle center in Warrington, Pa.

1 Old Oyster Point Rd., Newport News, Va.

Cybersecurity Firm Expands in Hampton Roads Area

Suffolk-headquartered Sera-Brynn has just opened its second office, and is looking to expand further.

C&W Handles Major Multifamily Deal in Orlando

Built in 2016, Integra Cove Apartments features amenities such as a swimming pool with poolside grilling station and a wireless café with Mac and PC workstations.

Economy Watch Weekly: Consumer Spending Up, GDP Still Struggling

While consumer spending is up in the second quarter, GDP growth is still struggling. Economy Editor Dees Stribling weighs in on what this means for the real estate industry, for the week ending July 1, 2016.

Economy Watch: Total Construction Spending Down, Spending on Apartments, Offices Up

While overall construction spending was down in May, it was still an improvement from May 2015, especially in certain sectors.

River Place Shopping Center, Sevierville, Tenn.

NAS to Manage Knoxville Area Retail Center

The River Place Shopping center in Sevierville, Tenn., is anchored by a 155,093-square-foot Belk department store.