News
Lingerfelt Picks Up 2 Fairfield Inns
The 170-key Fairfield Inn & Suites by Marriott Orlando Lake Buena Vista and the 139-key Fairfield Inn by Marriott Orlando Airport changed hands, following Lingerfelt CommonWealth Partners’ recent portfolio acquisition.
Level 2 Plans 315-Unit Apartment Building at Union Market
Level 2 Development, LLC plans to bring an apartment building with more than 300 units in northeast Washington, D.C. The company has recently filed a Planned Unit Development Application with the Zoning Commission for a project called The Highline at Union Market.
Walton Street Capital, New Castle Hotels & Resorts Buy Downtown Hotels
As Mardi Gras continues to rage on in New Orleans, the city’s hospitality market is also having a blast, outpacing the national occupancy and RevPar average.
Lorain to Gain New Adult Rental Community
The Greater Cleveland area is about to get more residential units. Work is scheduled to start this winter on the The Village at Lighthouse Point, a new, upscale adult rental community which is expected to offer a much-needed rental alternative to those seeking residence in the city of Lorain.
Mayfield Clinic to Bring 4 Offices Under 1 Roof in Norwood
The Mayfield Clinic intends to move four of its ten Cincinnati area offices into a new location at Norwood’s Rookwood Exchange complex. On Monday, February 2, the clinic and Jeffrey R. Anderson Real Estate, Inc., unveiled plans for new clinical and administrative office space in the multi-story building.
Rockbridge Responds to Loud Cry for More in Savannah
Rockbridge believes there’s something missing in a certain market of Savannah, and it’s planning to do something about it.
Wood Partners, American Realty Expand Phoenix Footprint by 350 Units
Wood Partners and American Realty Advisors have joined forces to give an unassuming apartment community a face-lift.
Blackstone Rides the Hospitality Wave
The Blackstone Group continues adding to its hospitality holdings with two portfolio deals announced within two days this week.
Stream, Chief Partners to Meet Corporate-User Demand in Dallas’ Market
To serve the undersupply of large blocks of space throughout the Dallas market, Stream Realty Partners and Chief Partners are developing an office park.
Behind Rosslyn’s Growth: Q&A with Mary-Claire Burick
Rosslyn, in Northern Virginia, is fast becoming one of the most interesting places in the United States. Located close to the heart of Washington, DC, the neighborhood is home to more than 8 million square feet of office space, more than 2,000 hotel rooms and some of the tallest buildings in the metropolitan area. The Rosslyn Business Improvement District has played an important role in the neighborhood’s transformation into a more exciting commercial and residential community. Mary-Claire Burick has been president of the BID since September 2013 and she has agreed to talk to us about this fascinating neighborhood.