News
Meet Charlotte Kang, Executive VP at JLL’s Hotels & Hospitality Group
Charlotte Kang has joined JLL’s Hotels & Hospitality Group as executive vice president at the firm’s Strategic Advisory & Asset Management platform in the Southeast region.
Economy Watch Weekly: Apartment Development is Strong
This week, economy writer Dees Stribling analyzes apartment development and its future.
Starwood Capital Makes Big Waves with Equity Residential Portfolio
Starwood Capital Group has bought a national multifamily portfolio with more than 23,300 units in 72 communities in five states for $5.4 billion from Equity Residential.
Palm Beach Shopping Centers Command $9 Million
Perkins Realty Management, LLC acquired the Shoppes of Delray and Gables End Plaza in Florida’s Palm Beach County for a combined $9.1 million from Pebb Enterprises.
Holyoke’s Rooftop Solar Installation Will Power 200 Homes a Year
The first commercial rooftop solar project in the City of Holyoke began operations.
New Platform Gives Investors Easier Access to RE Loans
PeerStreet, a startup company that aims to make investing in real estate-backed loans “as easy as buying stocks,” has made its platform available to all accredited investors.
Retail Elite on Fifth Avenue Makes Room for Microsoft Flagship Store
Microsoft is opening its very first New York retail store in the heart of the city—just five blocks away from Apple’s iconic glass cube.
Economy Watch: Housing Sales Pick Up, But Inventory Anemic
Total existing home sales, which includes single-family homes but also for-sale multifamily units, increased 4.7 percent to an annualized rate of 5.55 million units in September from a slightly downwardly revised 5.3 million units in August, according to the National Assocation of Realtors.
Planners Green Light Self-Storage Facility in Watkinsville
A new self-storage project could soon rise on Old Greensboro Road in Watkinsville, Oconee County, Ga.
Inside Milestone Apartments REIT’s $1.9B Acquisition
Milestone Apartments REIT has entered into an agreement with Starwood Capital Group to acquire Landmark Apartment Trust for $8.17 per share in cash, representing a total enterprise value of approximately $1.9 billion.