News
Loews Hotels & Resorts Debuts New Downtown-Chicago Property
Loews Hotels & Resorts has opened the second hotel in the city’s downtown so far this year, but it won’t be the last.
Argent, Related Form New JV Company
An English company and an American real estate giant have come together to form an international joint venture.
Arlington County Approves 1307 N. Rolfe St. Redevelopment
The Arlington County Board voted unanimously last week, to approve the redevelopment of 1307 N. Rolfe Street. The project calls for the construction of two new residential buildings, a new public park and a new county transitional living facility. It is using the Fort Myer North Heights area plan as a guide.
WPT Industrial REIT Enters Memphis’s Industrial Market with $86.25M Purchase
Toronto-based WPT Industrial Real Estate Investment Trust just made a big splash in Memphis. The company recently acquired an industrial portfolio consisting of six distribution facilities for $86.25 million.
DPJ Residential to Develop $10M, 77-Unit Boutique Apartment Community
Charlotte-based boutique apartment developer DPJ Residential is gearing up to break ground on a 77-unit multifamily project on Freedom Drive, near Charlotte’s Uptown.
New Hyatt Place Hotel Planned for Historic Post Office Building in St. Paul
A new Hyatt Place hotel is coming to downtown St. Paul at 180 Kellogg Blvd. East.
Construction on Skyline Honolulu Condo Project Could Begin This Fall
In the context of an improving economy, plans are moving forward for the long-stalled 140-unit residential condominium complex proposed by an affiliate of local developer Form Partners LLC on the slopes of the Punchbowl crater in Honolulu.
NOLA City Council, NORA Put Thousands of Properties on Auction Block
The City of New Orleans has announced it has started work on putting approximately 3,000 tax-adjudicated properties up for sale.
Apartment Complex Trades Hands Near Nike World HQ, Intel Campus
A joint venture between PCCP, LLC and Security Properties recently completed the acquisition of a Beaverton, OR multifamily asset. The purchase was made through Security’s Security Properties Multifamily Fund II, for a total of $39 million. The acquisition is part of a recent shopping spree completed by Security, with eight assets being purchased recently.
Ray Fogg to Build 127 KSF of Industrial in Euclid
Ray Fogg Corporate Properties, LLC plans to expand in Euclid. The Brooklyn Heights-based real estate developer said at the end of February that it will start work Bluestone Business Center II ”as soon as the weather breaks.”