News
Notable Hollywood Tower Sold by Joint Venture in $16.4 M Deal
The Cahuenga Media Tower, one of the most representative properties in the Hollywood submarket of Los Angeles, recently traded hands. An undisclosed buyer paid $16.4 million to a joint venture consisting of GPI Companies and KBS Strategic Opportunity REIT. The deal was brokered by CBRE representatives Kevin Shannon, Scott Schumacher, Michael Longo and Ken White, who worked on behalf of the seller.
International: Trump, DAMAC Feed Wealthy Appetite in Dubai
Trump and DAMAC Properties are catering to the uber rich with their newest project in United Arab Emirates.
Federal Capital, Horizon Collect Manufactured-Home Communities
Federal Capital Partners and Horizon Land Co. have increased the amount of their joint manufactured homes holdings with a new portfolio acquisition.
Carey Watermark Acquires Landmark Pasadena Hotel
Carey Watermark Investors knows a good investment when it sees one, and the Westin Pasadena hotel is just that.
Tanger Outlets Memphis Mall Announces Partial Tenant Roster
By Liviu Oltean, Associate Editor City and state officials along with Tanger Factory and Poag Shopping Centers representatives participated last week at the groundbreaking ceremony for the previously announced Tanger Outlets Memphis mall. During the ceremony, the first 10 tenants were announced: White House Black Market, Guess Factory Outlet, Ann Taylor, American Eagle, Chico’s, Under […]
Charlotte Ranks Among 20 Cities with Highest Rent Increases
The National Association of Realtors (NAR) has named Charlotte among the top twenty cities with the highest rent growth over the past five years.
MIPIM Special Series: Sharing Spaces—The Future
Space sharing is the way of the future , and not only in office use.
Graves Hospitality to Build Minnesota’s First Full-Service Airport Hotel
The Minneapolis-St. Paul Metropolitan Airports Commission (MAC) has awarded Graves Hospitality the sole right to own, develop and manage the state’s first full-service hotel at the Minneapolis-St. Paul International Airport.
Regency at Lookout Canyon Sold Through ARA Newmark
Regency at Lookout Canyon, a Class A apartment complex located in north central San Antonio, has changed ownership. At the time of the sale, 95 percent occupancy was reported. The price was not disclosed.
Howard Hughes Sells Waiea, Anaha Luxury Condominiums at Ward Village
About 80 percent of the residences within the first two condominium towers currently under construction at the planned Ward Village master-planned community in Honolulu have already been sold.