News
BHW Breaks Ground on Luxury Apartment Community in Lake Jackson
Houston-based BHW recently broke ground for Plantation Park, a 238-unit luxury apartment community in Lake Jackson, TX. The first phase of the class A residential complex will be developed on a 27.9-acre site on Plantation Drive and is expected to span across 16 acres. The remaining acreage might be used later on for a second phase of apartments, pad sales or for other commercial projects.
Hyatt Centric The Loop Chicago Heads for April Debut
Hyatt Hotels Corp. recently announced that the first two hotels under the new Hyatt Centric brand will open April 2015 in Chicago and Miami.
New Active Adult Community Coming to Frisco
The City Council of Frisco unanimously approved the issuance of $70 million in tax exempt bonds for the development of WholeLife Frisco™, an active adult community. The approval followed a public TEFRA hearing (Tax Equity and Fiscal Responsibility Act), a prerequisite for tax-exempt private-activity bonds.
Toll Brothers, Ares Break Ground on Upscale Student Housing Community
Toll Brothers Campus Living, a subsidiary of Toll Brothers, Inc., together with its joint venture partner, Ares Management, L.P., broke ground last week on a new, upscale student housing community in College Park. Called Terrapin Row, it will serve the students of the University of Maryland.
Economy Watch: Residential Real Estate’s Tepid Optimism
Homebuilders aren’t pessimistic these days, but they aren’t overly optimistic about the state of their business either.
How Low Can They Go?
By Ken Riggs, President, Situs RERC: As the year gets underway, the investment world is increasingly anxious about various global risks.
INTERNATIONAL: 313-Room Luxury Ritz-Carlton Debuts in Bali
The Ritz-Carlton has expanded all the way to Indonesia.
Loews Hotels & Resorts Sets Foot in San Francisco
It will be a first for Loews Hotels & Resorts—an entree into San Francisco’s hot hospitality market.
Activist Shareholder Group Eyes Campus Crest Leadership Shakeup
What happens when one famed student housing company struggles? Two other companies team up to take it over.
Provenance Hotels Continues Expansion in Pacific Northwest
Provenance Hotels has partnered with NBP Capital once again, this time on the acquisition of an historic Seattle hotel.