News

Triptych Miami Design District Joins Curio Collection

Triptych Miami Design District, an innovative and luxury hotel, is in the making in Miami under the Hilton name.

Cambria Nashville

New 255-Key Cambria Hotel & Suites Rising in Nashville

Choice Hotels International, Fillmore Capital Partners and Fillmore Hospitality team up to open a new hotel in Music City.

WoodSpring Suites Signature Broken Arrow

WoodSpring’s Signature Prototype Brand Coming to Pittsburgh

A new 124-key hotel targeted to extended-stay travelers will open under the WoodSpring Suites Signature brand in Cranberry during this year’s fourth quarter.

Nordstrom’s Future New York Store is an Eyecatcher

Retail giant Nordstrom recently unveiled the footprint and exterior design for its flagship store in Manhattan.

Economy Watch: FOMC Uncertain About Economy

The Federal Open Market Committee’s recent meeting minutes show the Fed is uncertain about what’s ahead for the U.S. economy as global economic jitters persist.

Philanthropist’s Gift Earmarked to Restore Lincoln Memorial

David Rubenstein has donated $18.5 million to the National Park Foundation for the restoration of the Lincoln Memorial in Washington, D.C.

Gwinnett 316 Industrial Park Changes Hands in Atlanta

Hillwood Development Co. paid $102.6 million for a 15-building industrial park in suburban Atlanta.

ARC Hospitality Takes More Hotels Off Summit’s Hands

American Realty Capital Hospitality Trust recently purchased six hotel assets in Washington and Colorado from Summit Hotel Properties, for a price tag of $108.3 million.

Medical Marijuana Site to Grow in Arizona Thanks to Town OK

Zoned Properties Inc. received unanimous approval from the Chino Valley Town Council to develop a 58-acre mixed-use project over the next five years.

RICS Delivers Good News for CRE

RICS’ latest U.S. CRE report reveals occupiers and investors still have a positive outlook for the industry, with one city in particular standing out as the major “safe haven.”