News
Vision Hospitality Opens 126-Key Hotel in The Gulch
Downtown Nashville now boasts another hotel with the opening of the 126-key Fairfield Inn & Suites by Marriott Nashville Downtown at The Gulch.
Braintree Opens New Office at Chicago’s Merchandise Mart
Braintree, a fast-growing global payments platform and subsidiary of eBay, Inc. recently celebrated the opening of a new office on the eighth floor of the Merchandise Mart building.
Boylston Gets $57M in Financing for 157-Key Boston Hotel
Residence Inn Boston/Back Bay Fenway has been attracting the attention of Boston visitors since its opening last year, and now the 175-key extended-stay property has caught the eye of the lending community.
IMT Capital Acquires Alta Alameda Station in Downtown Denver
HFF, a leading provider of commercial real estate and capital markets services in the U.S., recently revealed it has arranged the sale of Alta Alameda Station in downtown Denver.
Greater Newark Housing Partnership Develops 2 Dozen Affordable Apartments in Newark, NJ
Greater Newark Housing Partnership has teamed with Parkmont Housing and Redevelopment to build 24 new affordable apartments in Newark’s Fairmount Heights neighborhood, inside an abandoned South 10th Street building, which once served as a psychiatric hospital.
Deka Immobilien, Ashkenazy Acquisition JV Buys Manhattan Retail Condo
German real estate company Deka Immobilien GmbH and Ashkenazy Acquisition Corp. have teamed up for the first time to acquire a two-level luxury retail condominium at 522 Fifth Ave. from Morgan Stanley.
Economy Watch: SoCal Home Sales, Small Businesses
Southern California home sales hit a five-year high for September. But small businesses are a little less optimistic in October than they were in September.
Podcast: Ownership Consolidation, Debt Trends
The results to our 2014 survey of the Top Commercial Owners contain interesting data on debt trends, as well as a increased preference for Class B properties.
Pennrose JV Opens 423 KSF Adaptive Reuse Development in Winston-Salem, NC
After a $54 million investment, Pennrose Properties and C.A. Harrison Cos. have opened the doors of Plant 64, an adaptive reuse development in downtown Winston-Salem, N.C.
IMT Buys 338-Unit M-F Property in Denver from Wood, CBRE
IMT Capital and affiliate IMT Residential have purchased Alta Alameda Station, “a luxurious and eco-conscious apartment home community” in Denver’s South Broadway neighborhood.