News
Saks Fifth Avenue OFF 5TH to Debut in Canada with 3 New Stores
More than 20 years after Saks Fifth Avenue OFF 5th hit the retail scene at an outlet mall in Pennsylvania, the luxury-value offshoot of upscale department store Saks Fifth Avenue will make its entrée into Canada.
SL Green’s Tower Moves Forward in ‘Unprecedented’ Deal with NYC
SL Green Realty’s planned office tower across the street from Grand Central Terminal is one step closer to coming to fruition.
Meridian Repurchases Hyatt Regency Bethesda
The Meridian Group has repurchased a property it has owned before in the metro D.C. market with plans of turning it around.
Castle Lanterra Unveils New Details for its 222 Saratoga Apartment Project In Baltimore
At the start of the year, Castle Lanterra Properties entered the Baltimore market with the purchase of the apartment building at 222 E. Saratoga Street from RWN Development Inc., for $13.5 million. At that time, the New York-based company said it planned to improve the property. Now, it has revealed more details about the project.
DoubleTree by Hilton Sets Foot in Lafayette, La.
In Louisiana, Hilton Worldwide’s DoubleTree by Hilton flag has been in place in metropolitan New Orleans and Baton Rouge for the last few years, and now it’s flying in Lafayette.
HFF Completes Sale of 4-Property Aloft-Hotel Portfolio in Texas
Acting on behalf of an unidentified client, commercial real estate services provide HFF has completed the sale of a 549-room portfolio of Aloft-branded hotels in Texas.
Economy Watch: A Second-Quarter Bounce?
Now that a crummy first quarter has been verified by the preliminary GDP numbers, attention turns to the second quarter.
International: Banking Group Trades 2 Student Residences in Barcelona
Spanish banking group BBVA has made the first sale of student housing residences as income-producing investment properties in the city of Barcelona.
Former Cassidy Turley Execs Launch CRE Crowdfunding Platform
Touting their decades of experience and focus on service, several former top officials of Cassidy Turley have founded Selequity.
Forest City to Buy Out HCN in Cambridge Portfolio
Five years after Forest City Enterprises and Health Care REIT entered into a JV for seven life sciences buildings in Cambridge, Mass., the REIT has agreed to sell its minority stake to Forest City.