News
New Hilton to Open in Prestigious Georgetown Neighborhood in May
A new hotel is coming to the District. The Hilton Garden Inn Washington DC/Georgetown Area will open in the high-end Georgetown neighborhood this May. OTO Development partnered with Starwood Capital and Perseus Realty to develop the hotel.
Toyota to Move U.S. HQ to Texas
Saying it is designed for better customer service and sustainable, long-term growth, Toyota is moving its North American headquarters and about 4,000 jobs to Plano, Texas, to a state-of-the-art campus expected to break ground in the fall and be completed by 2017.
Griffin Capital Grabs Wyndham Worldwide HQ in Parsippany, NJ
Griffin Capital Corp. has snapped up Wyndham Worldwide’s 250,000-square-foot corporate headquarters facility in Parsippany, N.J., for $97 million.
Economy Watch Weekly: Downside Surprise in Housing, but Not All Bad News
CPE’s economic analyst, Dees Stribling, gives his update for the week ending April 25.
George Smith Partners Arranges $51M Bridge Loan for Renovation of M-U Property in Newport Beach, Calif.
The Lido Marina Village, a mixed-use property in Newport Beach, Calif., is ready for renovation now that a $51.4 million loan has been arranged, courtesy of George Smith Partners.
Hyatt, LATAM JV to Develop 10 Hotels in Central America, Mexico
An affiliate of Hyatt Hotels Corp. has entered into a master development agreement with LATAM Hotel Corp. to develop 10 Hyatt Place hotels in Central America and Mexico, and Hyatt affiliates have entered into franchise agreements with LATAM for the first five hotels.
DDR Sells Brazilian Retail Investment for $344M
DDR Corp. has sold its 50 percent ownership interest in Sonae Sierra Brazil BV Sarl, a Brazilian retail center, to German investor Alexander Otto for $344 million.
Economy Watch: Pending Home Sales See Uptick; Home Prices Still Have Upward Momentum
Pending home sales rose in March, attributed to warmer weather and buyers going out to see homes. And home prices are also steadily rising.
2014 Real Estate Education Programs
The number of institutions offering real estate coursework and degrees continues to expand. Here we examine the current state of real estate education.
International: Skanska U.K. to Build London Office Project for $160M
Skanska U.K. has completed an agreement with developer Helical Bar for the construction of a London project valued at $160 million.
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