News
Oakland Office Tower Sold As Market Improvement Continues
With the market trending upwards across the Bay Area, a LEED-Platinum office tower changes ownership.
Hard Rock Opens 400-Key Hotel & Casino in the Caribbean
A second Hard Rock-branded hotel will open in the Dominican Republic, following the successful resort in Punta Cana.
Ups and Downs
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Stream Realty Partners Awarded 1.8 MSF Texas Project
Stream Realty Partners has been awarded the exclusive property management of a Texas asset totaling 1.8 million square feet.
Meet JLL’s New Vice President in Tampa
Tampa, Fla.—Caleb Lewis has joined JLL as Vice President at the firm’s Tampa office. He will work closely with JLL’s Tampa leadership to grow the firm’s market share in Tampa Bay and improve the firm’s tenant representation services. Lewis earned his Bachelor of Science degree from Greensboro College in North Carolina. He is a member of the trade organization NAIOP and is also affiliated with the Tampa Chamber of Commerce, Leadership Tampa and The University Club. Lewis brings more than 11 years of commercial real estate experience to his new position. So far he has represented clients in the leasing and…
CMBS Industry Faces Unique Set of Headwinds
The mood at the Commercial Real Estate Finance Council’s annual Industry Leader’s Conference in Miami this week reflected nervousness at how the market will handle the changes.
Loews Hotels Hires Oliver Bonke as CCO
In his position as CCO for Loews Hotels & Resorts, Oliver Bonke will oversee the strategic growth of the Loews family of brands.
Coastal Oregon Hotel Changes Ownership
The 54-key Edgecliff Motel in Lincoln City, Ore. recently changed hands for $1.6 million.
Economy Watch: Apartment Market Weakens Slightly in Q4
The NMHC’s latest Quarterly Survey shows apartment markets slowly receding, the first time since October 2013 that its four indexes came in below breakeven level.
Lee & Associates Goes North of the Border with 1st Canadian Office
The largest broker-owned CRE firm in the U.S. is expanding into Canada, opening its first office there, led by industry veteran Chris Anderson.