News
Major Leadership Changes Unfold at Stiles Corp.
Stiles appointed Ken Stiles as Co-CEO, a major step forward in the company’s plan for him to take over as sole CEO next year.
HFF Arranges the Sale of Hampton Inn Close to Boston’s Logan Airport
Located at 230 Lee Burbank Highway, the property is a 10-minute ride from Logan Airport and 15 minutes away from Harvard Square and the city’s Financial District.
ULI Special Report: REITs Shift Strategies Amid Market Uncertainty
Leading REIT executives Gerard Sweeney and Bill Hankowsky offered insights into their preparations for the volatile economic cycle at the 2016 ULI Spring Meeting.
Economy Watch: Apartment Market Softens Slightly
The NMHC’s April 2016 apartment market survey shows consumer demand for apartments decline this quarter, while property sales volume went up.
Alfa Development Enters the Hospitality Market with Its First Boutique Hotel
The 90-guest-room hotel preserves its 1905 charm and exudes contemporary artsy glamour after an $18 million makeover.
JLL Closes on Two Industrial Leases Totaling Almost 277 KSF in Orlando
Beachline Corporate Center lands two new tenants, Special Logistics and Electrolux.
SL Green, Citigroup Push Up Sale of NYC’s 388-390 Greenwich St.
SL Green and Citigroup are speeding up the $2 billion sale of 388-390 Greenwich St.
Zurich Pays Record Price for Philadelphia Office Development
Zurich Insurance Group acquired a LEED Platinum-certified office asset in Philadelphia for a record price per square foot.
AllianceBernstein Closes Fund Above Target
The New York City-based company closed its second commercial real estate debt fund with $1.6 billion in commitments.
Economy Watch: ABA Bullish on CRE Lending
Eight in 10 banks plan to increase their CRE concentrations in 2016, according to the American Bankers Association’s first-ever Commercial Real Estate Survey,