News

Aventura Corporate Center I, Aventura, Fla.

Groupe Pacific Sells Miami Office Park in Coveted Area

Renaissance Properties shelled out $105 million for the three-building, Class A suburban office asset.

CIT Survey: CRE Execs Divided About Outlook for 2016

The recently released 2016 Commercial Real Estate Outlook was conducted online by Forbes Insights among 201 senior commercial real estate executives.

PREI + (PREI) = PGIM Real Estate

Due to great international growth, Prudential Real Estate Investors will soon operate under one brand at a global level.

Aloft Hotel In Scottsdale, Ariz.

Scottsdale Hotel Repositioned as Aloft After $4M Transformation

The accommodation facility features the industry’s first keyless entry system and offers wellness and entertainment options.

Clint Marchuk - Vice President of Acquisitions, Vestar

Granite Bay Retail Center Snapped Up by Vestar

Improvements are already lined up for the Sacramento-area asset.

Economy Watch: Apartment Fundamentals, Sales Still Solid in Q1

While real estate sales across all major property types dropped 20 percent in the first quarter, apartments were the only sector that reported a year-over-year increase.

largest developments 2015 Houston

The Largest Rental Developments Completed in 2015 in Houston

Last year has brought 54 rental developments of 50+ units to the metro, bringing as many as 14,871 new apartments to Houston’s housing inventory.

Rich Hamilton

Cushman & Wakefield Appoints Rich Hamilton Head of 3PL Specialty Practice

In his new position, Rich Hamilton will lead Cushman & Wakefield’s 3PL Logistics Specialty Practice Group.

HCP to Focus on High-Growth Sectors after Spinning-Off HCRManorCare

Five years after acquiring HCR ManorCare and its $6.1 billion portfolio, HCP decided the challenges facing that part of the industry were holding back growth of its core healthcare sectors.

SugarHouse Casino, Philadelphia

SugarHouse Casino Expansion Ups the Ante in Philly

HSP Gaming, owner and operator of the gaming destination, has completed the expansion project, taking the property from 108,000 to 260,000 square feet.