News
American Realty Capital Closes on 3 Memphis-Area Hotels as Part of Largest Sale Ever by Non-Traded Reit
In February 2015, American Realty Capital Hospitality Trust Inc. closed on the Equity Inns Lodging Portfolio in a $1.8 billion deal. The portfolio consisted of 116 hotels totaling 13,744 rooms across 31 states. The acquisition raised the company’s lodging portfolio to 122 hotels and propelled American Realty Capital as one of the leaders of the hospitality industry.
Adler Kawa Real Estate Advisors Picks Up Shopton Ridge for $33M
While Charlotte’s apartment and office market garner strong investor interest, the Queen City’s industrial market is also experiencing a growing interest from national investors.
Hartz Mountain Drops $55M on Charlotte Industrial Asset
New Jersey-based Hartz Mountain Industries, Inc. has acquired the one-million-square-foot RSI Distribution Center in Metro Charlotte, paying $55.7 million, Cushman & Wakefield | Talhimer announced.
Fishers Plans $76M Sports Complex in Saxony Village
The City of Fishers is considering a $76.4 million proposal for the construction of a sports and entertainment facility near the Lake District at Saxony Village.
Brookfield Affiliate to Acquire Associated Estates for a Big Sum
It doesn’t typically garner the attention that AvalonBay or Equity Residential or other big-ticket multi-family REITs get, but Associated Estates Realty Corp. is undeniably turning heads this week.
More Consolidation if DTZ Makes a Bid for C&W?
The consolidation in the CRE property services sector could be speeding up if reports that DTZ is looking to acquire Cushman & Wakefield for $2 billion are true.
General Growth Properties Picks Up 26-Story Property in Manhattan
General Growth Properties has teamed with Jeff Sutton on the acquisition of a historic Manhattan building.
Behringer Announces Leadership Changes
Behringer Harvard Holdings has embarked on an executive leadership succession plan.
Passco Opens New Office in Austin
While Passco Cos.already has an office in Dallas, the call of the Southwest is loud enough for the company to expand its presence in the region.