News
Construction Lenders Becoming More Selective
Lenders raise the bar for construction debt as markets mature.
Simon Rumored to Eye Vegas Blockbuster
Simon Property Group Inc. has reportedly struck a $1.1 billion deal for one of Las Vegas’ premier retail destinations.
The Best and Worst Bets for Single-Family Rental Investment
HomeUnion’s recent study reveals some surprises among markets most likely to provide single-family rental investors with the best returns—and those with the lowest prospects.
Strategic Storage Trust II Buys Two Facilities in Canada for $21M
Strategic Storage Trust II has added two more facilities to its growing portfolio of self-storage properties in Canada.
Dallas Omni Becomes First Hotel in the USA to Install Parking Guidance Technology
As part of a $400 million revamp, the 1,001-key Dallas Omni Hotel and Convention Center will offer parking guidance technology by INDECT USA.
First Bristol Corp., Tocci Building Cos. Kick Off $21M Hilton Project in Worcester, Mass.
The 118-key extended-stay Hilton Homewood Suites Hotel in Worcester, Massachusetts broke ground earlier this week and is slated for completion by February 2017.
Kronos Relocates Headquarters, Prepares $40M Investment alongside Building Owner
Kronos will enter a 12-year lease and is planning, alongside property owner Anchor Line Partners, to invest in excess of $40 million in the modernization of a 400,000-square-feet open space office facility.
NV5 Global Awarded $4.3M Management Contract in KCK
NV5’s contract has been extended to provide project management services for the vertical expansion of The University of Kansas Hospital’s Cambridge Tower in Kansas City, Kan.
The Allen Morris Company Appoints New Directors
Nathan Hedges and Enrique Piñeiro join The Allen Morris Company as new directors.
SF Partners Sells Grove Centre Office Building in Boca Raton for $11.5 Million
Cushman & Wakefield’s capital market team brokered the sale of the 52,253-square-foot building to TJAC Development.