News

Summit Hotel Properties to Sell Portfolio for $351.4M

Four Baton Rouge hotels are changing owners this year. The properties are part of a larger, national portfolio to be sold by Summit Hotel Properties, Inc. to American Realty Capital Hospitality Trust, Inc.

UPDATE: Banner Health Selects Contractors for $400M Medical Center

Banner Health’s first project in Tucson since its merger with the University of Arizona Health Network is moving forward. The company recently announced it has selected the contractors for its development, Banner – University Medical Center Tucson.

Equus Rides into Winter Springs, Takes Waterfront Property

The Shadow Creek in Winter Springs is… Well it is no longer Shadow Creeks, to begin with.

DoubleTree Near SeaWorld Gets New Owners

A joint venture just grabbed a prime I-Drive hotel, following their first mutual hospitality acquisition in Dallas. DoubleTree by Hilton Orlando at Sea World is, as its name suggests, directly adjacent to SeaWorld in an area known for its myriad of tourists’ attractions, theme parks, restaurants, retail options and of course the recently opened Orlando Eye. The International Drive area is home to the Orange County Convention Center complex.

Why Distribution Centers are Booming in Central Fla.

Central Florida seems to be a progressive warehouse market lately and the trend will keep going for a while by every indication.

New Memory Care Community Coming to Chicago Metro

Senior housing and healthcare property investor LTC Properties, Inc. is lending a helping hand to Chicagoans suffering from Alzheimer or dementia.

Economy Watch: Bill Proposed to Make Port Labor Action More Difficult

A new bill would allow state governors to examine the economic harm of port disruptions.

Economy Watch Weekly: May Flexes Job Muscle

Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended June 5, 2015.

Spruced-Up Stadium Gets Ready to Welcome Bearcats

After spending the entire 2014 season at Paul Brown Stadium, the Bearcats are now getting ready to move back home.

Inland-PGGM JV Buys Its Last Shopping Center

By Adrian Maties, Associate Editor The joint venture of Inland Real Estate Corp. and Dutch pension fund administrator PGGM continues to find Greater Cincinnati a fruitful hunting ground. Its latest acquisition is the Eastgate Crossing shopping center, in Union Township. Inland and PGGM purchased the asset from CBL & Associates Properties, Inc. The gross sale […]