News
Extra Space, SmartStop Self Storage’s Big-Ticket Merger
Extra Space Storage and SmartStop Self Storage, the second and seventh largest owners and operators of self-storage facilities in the U.S., will soon become one.
Real Estate Mogul Dies at 98
The man who rose from an impoverished childhood in California to become a billionaire and owner of several hotels has died on Monday.
Fast Growth Means Arlington County
LidlNeckarsulm, Germany-based Lidl, one of the fastest growing retailers in Europe, is getting ready to expand into the United States. Governor Terry McAuliffe announced this month that the company plans to invest a massive $202 million to establish its U.S. corporate headquarters and to open a regional headquarters and a distribution center in Virginia.
Ashford Trust Launches Key Money in NOLA
Ashford Hospitality Trust, Inc. (Ashford Trust) has debuted its recently announced key money concept, with the acquisition of a New Orleans luxury hotel.
Pioneer Press Leaves Home
The Pioneer Press is bidding farewell to its home of 30 years.
Affordable Options for Kupuna
Franco Mola’s California-based Coastal Rim Properties, Inc. is planning a January construction start for Kulana Hale II at Kapolei, a mixed-use residential and retail project on West Oahu.
Bay Area’s M-F Boom Fuels Refinancing in Fremont
Vue Fremont and Waterstone at Fremont are two multifamily properties located in Fremont, on the southeastern end of the San Francisco Bay. Both properties are currently owned by Pacific Urban Residenital, and find themselves in one of the fastest growing residential markets in the entire country.
Cornerstone, Presidio Team Up in Chula Vista
The Chula Vista submarket is set to expand its housing inventory as around 44 acres of land were recently acquired by a venture between Presidio Residential Capital and Cornerstone Communities. The land is part of the Otay Ranch Village 2, a master-planned community in San Diego County.
Hotel Near UF Gainesville Lands Boston Buyer
A 208-room hotel near the University of Florida in Gainesville changed hands recently.
Royal Oak to Grow Townhome Community
A gated community in Kissimmee is soon to see new construction and the builder has already started sales. Royal Oak Homes will expand Heritage Run by adding three- and four-bedroom townhomes. The property is located on Boggy Creek Road, off Florida State Road 192 and its previous phase was developed by D.R. Horton.