News
Post Bankruptcy, Austin Hospital Sells for $115M
The asset includes a 147,000-square-foot hotel-like hospital, a 79,708-square-foot medical office building and 508 parking spaces.
Holiday Inn Hotel & Suites Lima Changes Hands
Holiday Inn Hotel & Suites Lima was recently acquired for $11 million, in a transaction facilitated by Marcus & Millichap.
$150M Refi for Prime Boston Hotel
The 10-year loan for Chesapeake Lodging Trust’s 502-key downtown property was provided by MetLife.
The Next Recession
Don’t miss the Economic Symposium, a dynamic discussion among real estate economists that took place during NAREE’s Real Estate Journalism Conference.
FPL Seeking Approval to Acquire and Phase Out Indiantown Cogeneration
The buyout proposal is consistent with FPL’s strategy to deliver affordable clean energy to its customers.
Nobu Hospitality Brings New Hotel to Chicago
The 103-key hotel is scheduled to open in the West Loop in late 2017.
Sonnenblick-Eichner Secures Refi for Emeryville Flex Asset
The company provided a $12.4 million loan for the refinancing of an Alameda County office asset.
Economy Watch: Survey Finds Retailers Optimistic, Ready To Take on Internet
Respondents to Levin Management’s annual survey reported strong year-to-date performance and stressed the increasing importance of technology-driven marketing for retailers.
$165M Financing Earmarked for LA Mixed-Use Project
The makeover of the Broadway Trade Center in downtown Los Angeles will include the addition of retail, office and hotel space.
GE Healthcare Life Sciences Debuts Suburban Boston HQ
The North American headquarters, attracted away from New Jersey by the burgeoning Massachusetts life sciences magnet, will employ more than 500 healthcare professionals upon opening in 2017.