News

Virgin Hotels Nashville will Feature Cutting-Edge Recording Studio

Hot on the heels of the opening of Virgin Hotels Chicago, Virgin Hotels’ first hotel development, the company has released details regarding Virgin Hotels Nashville, the brand’s second location.

Economy Watch: Interest Rates to Rise in the Summer? A Definite Maybe.

The Fed’s vague verbiage on whether interest-rate increase is in the cards for 2015 is interpreted to mean that it just might this year.

Duke Reduces Volume in Suburban Office Sector

Duke Realty Corp. has been quite vocal over the years about its strategy of transforming its portfolio into majority industrial and exiting many of its suburban office markets, and once again it is putting its money where its mouth is with its latest disposition.

Griffis Residential Shells out $44M for Multifamily Community in Suburban Denver

Denver-based multifamily management company Griffis Residential has recently acquired the 264-unit Remington West Apartments community in Westminster, Colorado, at the cost of $44.3 million.

Taft Sells Apartment and Retail Building in Raleigh to TriBridge JV for $65M

Taft Family Offices, a 30-year-old real estate development firm in Greenville, recently sold the 401 Oberlin apartment and retail building across from Cameron Village in Raleigh.

Southern Lifestyle Plans 700-Unit Neighborhood Development in Greater Baton Rouge

The Greater Baton Rouge area is about to get more homes. About 700 more homes.

INTERNATIONAL: Melco Crown Entertainment Opens City of Dreams Manila

Melco Crown Resorts and a subsidiary of Melco Crown Entertainment are opening the first international integrated leisure destination offering in Manila, Philippines.

W. P. Carey Grabs 73-Property Automotive Dealership Portfolio in the UK

W. P. Carey Inc.’s international footprint just grew by 1.6 million square feet.

Who Are Today’s Rising Leaders?

CPE unveils this year’s Stars to Watch, 17 up-and-coming individuals and teams from across the commercial real estate industry that are sure to make more waves as they climb the career ladder.

Ivanhoé Cambridge Grows Its M-F Portfolio in San Francisco with Veritas Investments

Ivanhoé Cambridge and its partner Veritas Investments have boosted their multi-family holdings in San Francisco with the acquisition of 11 properties.