News

Starwood Hotels, Havana Bound, Resumes Talks with Marriott

The hospitality giant, which recently accepted a $13.6 billion offer to merge with Marriott International, will become the first hotel company to enter the Cuban market in six decades.

Brenda Gibson

Brenda Gibson Joins the CBRE|Raleigh Brokerage Team

Brenda Gibson is the new senior vice president of the company’s brokerage team.

Slow Start

Value of manufacturers’ new orders; not seasonally adjusted; $ in millions

Job Creation

Employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands

Paying Off

CMBS delinquencies by property type; $ in billions

Continental Realty Corporation Sells 30,500-Square-Foot Royal Palm Office Depot Center For $7.5 Million

Baltimore-based Continental Realty Corporation sold the 100-percent-leased Royal Palm Office Depot Center in Palm Beach County.

Marcus & Millichap Closes Sale of All American Self Storage of Longwood

Marcus & Millichap arranges the sale of a 65,510-square foot self-storage facility in Longwood, Fla.

Courtyard by Marriott Dripping Springs

Hotel Equities Selected to Manage Courtyard by Marriott Dripping Springs

Courtyard by Marriott Dripping Springs will be managed by Atlanta-based Hotel Equities.

Economy Watch: Consumers Seem Slightly More Wary, But Might Still Spend

The latest downward trend in consumer confidence could have a longer-term impact on their spending—a key consideration for real estate developers and investors.

StephenPorter, principal, Kiddar Capital

Kiddar Capital Appoints New Principal

Stephen Porter has joined Kiddar Capital, where he’ll be in charge of managing the company’s real estate investment portfolio in his new role as principal.