News

Prudential JV Performs One of Largest Single-Asset Sales in Brooklyn History

A downtown Brooklyn storage facility will be getting a bold transformation into Class A office space.

Former Hyatt Regency Reopens as Hilton Philadelphia at Penn’s Landing

The Hyatt Regency Philadelphia at Penn’s Landing is now officially operating under the Hilton Hotels & Resorts brand.

Auto Parts Supplier Announces Plans for New HQs in Suburban Detroit, Continues Growth in Saginaw

Once known as The Automotive Capital of the World, Motor City is now striving to regain its lost glory—or at least part of it.

Grant Cardone Drops $48M on Four Apartment Communities

Chicago area residential developer Cunat, Inc. has disposed of four Nashville apartment communities, in a deal that fetched $48.4 million

Rick Sharga

Auction.com Finds a New Channel

Auction.com L.L.C., already the leading online real estate marketplace, is in growth mode.

Carr Properties Trades Northern Virginia Property

In order to increase the size and value of its real estate portfolio, a Washington, D.C.-based investor has acquired a property in Alexandria.

JLL Advises Starwood on Financing of Extended-Stay Hotel Portfolio

Starwood Capital Group has refinanced a national extended-stay hotel chain it has owned for two years.

Artessa at Quarry Village Acquired by Intercontinental Real Estate

Intercontinental Real Estate Corporation headquartered in Boston announced the acquisition of Artessa at Quarry Village in San Antonio. The acquisition of the luxury mixed-use retail and apartment property was led by Senior Director of Acquisitions, Steve Centrella and Associate Director of Acquisitions, Chris LaFrance.

Renaissance Centro Opens Harrison at Reston Town Center

Another apartment community is now open in the Washington, D.C. area. Called Harrison at Reston Town Center, it offers 360 luxury apartments. Almost 20 percent of these are already pre-leased.

Beatty Development Officially Breaks Ground on Harbor Point, Baltimore’s Newest Neighborhood

Work is now underway on Baltimore’s newest and largest waterfront development project. On the morning of Wednesday, February 25, Beatty Development celebrated the official groundbreaking of Harbor Point, together with Mayor Stephanie Rawlings-Blake and other local officials.