News
Dow Hotel Co. Completes $8.6M Renovation of The Hilton Orrington/Evanston
The Dow Hotel Co. has completed an $8.6 million renovation of the Hilton Orrington/Evanston in Cook County, Ill.
Developer Breaks Ground on 195-Room Hotel in D.C.’s Capitol Riverfront
Developers are looking to add another hotel to the Washington, D.C. metropolitan area. On March 10, Bethesda-based Englewood LLC announced the start of construction for the new Homewood Suites by Hilton in the District’s Capitol Riverfront neighborhood. The cost of the project was not disclosed.
Two Greater Baltimore Office Properties Change Hands
Two Greater Baltimore office properties have changed hands at the start of the month. The building at 999 Corporate Boulevard, in Linthicum, and the one at 1614 Churchville Road, in Bel Air, sold for a total of almost $9.5 million.
Economy Watch: Fed Puts Off Rate Hikes Further
The Fed goes out of its way to be opaque about its actions, but also tries not to rattle investors.
IMG Grabs Apartment Community in Georgia
Investors Management Group is taking advantage of Atlanta’s healthy multi-family market with a new purchase.
Meridian Arranges Permanent Financing for Multi-Family Property in NYC
The Moinian Group has capitalized on the lending community’s fondness for the multi-family sector.
Invesco Purchases 1515 Wynkoop Office Building in Downtown Denver
American Realty Advisors has recently sold 1515 Wynkoop, an award-winning office building in Denver’s Lower Downtown neighborhood.
21c Museum Hotel in Durham Welcomes First Guests
The 21c Museum Hotel in the heart of downtown Durham is now open.
Epic Piping to Build Fabrication Plant, HQ for $45M
At the start of March, Governor Bobby Jindal announced that EPIC Piping will invest $45.3 million in Livingston Parish, to establish an advanced pipe fabrication facility and corporate headquarters. The governor called the project an important economic development win for the region, as did other local officials.
Two Arizona Architects Selected to Design New Banner Health Facility
Following its merger with the University of Arizona Health Network in late February, Banner Health has tapped two Arizona architecture firms to design its new hospital in Tucson.