News
SpringHill Suites Denver Downtown Becomes First LEED Gold Certified Hotel in Denver
The SpringHill Suites Denver Downtown at MSU Denver recently announced it has received LEED Gold certification for New Construction from the U.S. Green Building Council.
Eastview Development, GTIS Partners Break Ground on 51-Story Miami Condo Tower
A 51-story condominium tower will soon begin to sprout along Biscayne Bay, as Eastview Development and GTIS Partners break ground today on Biscayne Beach.
GMH Capital Partners Acquires High-End Apartment Community in Pittsburgh; Parkway Center in Green Tree Sells for $39M
GMH Capital Partners of Newtown Square near Philadelphia has acquired the Cork Factory Lofts in the Strip District, one of Pittsburgh’s premier apartment complexes.
Economy Watch: Residential Price Increases Decelerate; Auto Sales Strong in May
Home prices nationwide increased 10.5 percent in April compared to the same month in 2013, the smallest that metric has been in over a year. Vehicle sales came in strongest since before the recession.
Fifth Third Center Finds $90M Buyer, While Palmer Plaza Starts Looking For One
Palmer Plaza, the 284,000-square-foor office high-rise at the corner of 18th and West End Avenue is set to go on the market due to the impending maturing of an outstanding loan on the property, reports
Ventas to Acquire ARC Healthcare REIT for $2.6B in Stock and Cash
Ventas, the biggest healthcare REIT in the U.S., plans to grow even larger with two acquisition deals totaling $3.5 billion, including the $2.6 billion purchase of a competitor: American Realty Capital Healthcare Trust.
Economy Watch Weekly: GDP Dipped, but Decline Might Not Last
CPE‘s economic analyst, Dees Stribling, gives his update for the week ending May 30, 2014.
Hilton Worldwide Launches New Brand: Curio
Hilton Worldwide broadens its horizons yet again, this time with the announcement of its new brand: Curio.
Port Authority Focusing on Private Capital for Silverstein’s 3 WTC Building
The Port Authority of New York and New Jersey met on Wednesday and revealed a change in its approach to the financing for Silverstein Properties Inc.’s development of 3 World Trade Center.
International: Muse Developments Breaks Ground on $385M M-U Project in London
Lewisham Gateway Developments Ltd., a wholly-owned subsidiary of Muse Developments, broke ground on one of the largest regeneration projects in southeast London, Lewisham Gateway.
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