News

Inland American Changes Name

What’s in a name? For Inland American Real Estate Trust Inc., the answer is a new message.

International: Astor St. Honoré Joins Hilton’s Curio Brand in Paris

The historic Astor Saint-Honoré hotel in Paris will be undergoing a facelift.

Ecolab to Grab 17-Story Tower in St. Paul, Minn.

Ecolab is expanding in St. Paul with the purchase of a sizable property close by.

USAA to Recapitalize 14 MSF Industrial Portfolio

USAA Real Estate Co. is allowing for new investors of interest.

Hilton Hawaiian Completes Renovation of 380-Key Diamond Head Tower in Waikiki

Hilton Hawaiian Village Waikiki Beach Resort has officially wrapped up the six-month, $21-million refurbishment of its 17-story Diamond Head Tower in Waikiki.

Over-the-Rhine Mixed-Use Plan Moves Forward

The Cincinnati Center City Development Corporation plans to start work this year on one of its largest projects yet in Over-the-Rhine. Called 15th & Race, the mixed-use development will bring both housing and retail along Race Street, between 15th and Liberty streets.

Shopoff Realty Buys Office Campus Near Dayton

A California-based real estate investment firm has recently purchased an office campus in the Dayton suburb of Beavercreek. The purchase price was not disclosed.

JV Plans Psychiatric Hospital in Kenton County

St. Elizabeth Healthcare, SUN Behavioral Health and NorthKey Community Care are joining forces to develop a new mental-health hospital in Northern Kentucky. The project will help bring high quality services to those members of the community suffering from mental illnesses and chemical dependency, as well as hundreds of new jobs.

Oak Coast Properties Picks Up Hotel Circle Asset

The DoubleTree San Diego – Hotel Circle recently traded hands in. The deal was arranged by CBRE Hotels representatives Bob Kaplan and Rod Apodaca, who acted on behalf of the seller. The parties involved were two locally-based investors that sold the hotel to an affiliate of Oak Coast Properties LLC. CBRE Hotels is a specialized advisory group within CBRE that provides services to companies acting in the hotel sector.

KB Home Rolls Out Plan for Latest Community

On the back of a solid home buying month in the Las Vegas area, KB Home recently revealed its latest residential community in the area. The homebuilder announced the opening of Portola Hills in Henderson, one of the areas of the Las Vegas Valley that has been shouldering a lot of the development load during recent years. The homes that are set to be built at Portola Hills will be customizable to the buyer’s liking.