News
Carr to Develop Luxury InterContinental Hotel as Part of Phase One of The Wharf
Washington, D.C. is getting a new luxury, waterfront hotel. Carr City Centers Chairman Oliver T. Carr, Jr. announced on January 22 that his company has closed on a site for a 278-room InterContinental hotel. The project will be part of Phase I of the $2 billion Wharf mixed-use development.
Fundrise Markets 3 WTC Investment Opportunity
Fundrise is giving individual investors a chance to own a piece of 3 World Trade Center for as little as $5,000.
Industrial Portfolio Brings Investors South of the Border
As manufacturing bounces back in Mexico due to cheaper labor, two companies have decided to take advantage of the upswing and buy a Class A industrial portfolio south of the border.
Fort Washington’s Henson Creek Manor to Go on Market
Another Washington, D.C.-area multifamily property is going on the market. The Greysteel Company announced on Monday that its Mid-Atlantic multifamily investment sales team has been selected as the exclusive advisor and agent for the sale of Henson Creek Manor, a 210-unit affordable community, in Fort Washington.
Economy Watch Weekly: No Boom for Retail Development
Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended Jan. 23, 2015.
Lee & Associates Checks Houston Off Its Expansion List
Joining forces with a top firm is one way for a commercial real estate services firm to facilitate a nationwide expansion plan, and Lee & Associates has done just that.
E-Commerce Innovator Macy’s Upgrades Fulfillment Center
Local analysts agree Macy’s Inc. picked a great time to triple the size of its fulfillment center to accommodate e-commerce by moving into a new location in Sacramento.
Cottonwood Residential Rides San Antonio’s Growth Wave with New Purchase
Taking advantage of San Antonio’s job growth, Cottonwood Residential has grabbed a class A multi-family community in the area.
Economy Watch: Americans Feeling Better About Their Own Finances
The Financial Security Index hit the highest point in its four-year history.
Arden Group Adds to its Portfolio in Tampa’s Sizzling Market
Arden Group has been slowly but steadily adding to its portfolio over the last couple of years, and the InterContinental Hotel Tampa Westshore in Tampa, is its latest acquisition.
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