News

Origin, Randolph Street Double Their Investment on Chicago M-F Deal

A joint venture between Origin Investments and Randolph Street Realty Capital sold a 73-unit apartment building in Chicago for more than double the acquisition price.

AmTrust Entitled to Enter New Territory

AmTrust Financial Services plans to enter a new line of business with the launch of its commercial title insurance platform.

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.

SST II at 4491 Mainline Dr Burlington in Toronto, Ontario

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 Hotel and Convention Center

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.

Hilton Homewood Suites in Worcester, rendering

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.

Cross Point Towers, Lowell, Mass.

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.

Cambridge-North-Kansas-City

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.