News
Strategic Hotels Snaps Up Four Seasons
Strategic Hotels and Resorts recently announced signing an agreement to purchase the Four Seasons Austin Hotel for $197 million. The acquisition, expected to close in later this month, will initially be funded with existing cash balances and borrowings on its currently undrawn revolving credit facility.
Oakwood, Mapletree Group Expand in Raleigh with Joint Venture Acquisition
In a joint venture partnership with Singapore-based Mapletree Group, corporate housing leader Oakwood Worldwide has acquired a 300-unit apartment complex in Raleigh.
International: Tristan Buys 4 Italian Shopping Malls from French Altarea
Tristan Capital Partners has entered the Italian market with a bang.
Protests Sway Miami U. on Student Housing Site
After considering feedback from students, alumnae and faculty members, Miami University has decided to change the location of a planned student housing project.
Columbus-Area Firm Buys Dayton Office Building
A large office building in downtown Dayton has recently changed hands. The property was acquired by a Columbus-based investor.
KTGY Relocates to Larger Space in Downtown Denver Office Building
National architecture firm KTGY is expanding its office base in Denver, relocating to a new office in the same building at 820 16th St. downtown.
Cushman/DTZ Merger’s Impact on CRE Industry
Analysts speak out about the merger that shook the CRE industry.
JLL Expands in LA Through Acquisition
Expanding its retail business is high on JLL’s to-do list.
Cabela’s Expands Southwest Ohio Footprint
Cabela’s Incorporated is expanding its presence in Southwest Ohio. By next spring, the hunting, fishing and outdoor gear retailer plans to open not one, but two stores in the area. Together, the two locations are expected to create about 360 jobs.
Fundrise Partners with Buchanan on Northern Virginia Business Center
Fundrise and Buchanan Partners have used their existing relationship in the D.C. development community to partner on a project in Virginia.