News
Colony Realty Partners Snaps Up High-End M-F Property
The 300-unit Art Avenue Apartment Homes community located at 10201 Lee Vista Boulevard changed hands recently, according to CBRE. The Orlando luxury apartment property was sold to an undisclosed firm for $47.05 million.
Economy Watch: As Percentage of GDP, Real Estate at Historic Lows
Both commercial and residential real estate continue to represent a smaller part of the GDP in the post-recession 2010s than during most previous decades.
C&W Retains Leasing Assignment at NYC’s 180 Maiden Lane
The previous owners of 180 Maiden Lane, a 1.2 million-square-foot tower in Lower Manhattan, had faith in Cushman & Wakefield and so does the new ownership.
ARC NYC REIT Grabs Downtown Office Property
American Realty Capital New York City REIT Inc. has jumped at the chance to own this downtown Manhattan office property, which the company views as an “important New York City submarket.”
German-Based GLL Expands in Chicago
Munich-based GLL has decided to continue expanding in the United States with its second Chicago office purchase.
Wyndham Hotel Group Strengthens its Presence in Greater Baltimore
By Adrian Maties, Associate Editor Wyndham Hotel Group continues with the expansion of its Wyndham Hotels and Resorts brand in the United States. The company announced the opening of the Hunt Valley Inn – A Wyndham Grand Hotel in Hunt Valley following a $15 million renovation and conversion project. The property had been operating as a […]
Green Street Academy Breaks Ground on a School Renovation Project in Baltimore
Green Street Academy broke ground on Wednesday, January 28, on the renovation of a former school building in West Baltimore. The public charter school plans to relocate plans to relocate to the new facility.
Historic Brady Arts District Buildings to Get Makeovers
The George Kaiser Family Foundation has plans to renovate the Fox Hotel and the Universal Ford building located in Tulsa’s Brady Arts District.
Tempe Building Sets New ENERGY STAR Record
The U.S. Environmental Protection Agency (EPA) just awarded the U.S. Airway/American Airlines office building in Tempe its 15th consecutive ENERGY STAR label – an impressive milestone seeing as this is a first for Arizona and the country.
Crimson, USAA Realco Break Ground on Project in Northwest Austin
In Northwest Austin recently broke ground a new Class A office building. The new development, Aspen Lake Two, is a partnership between Crimson Real Estate and USAA Real Company.