News
JLL Hotels Secures $75M in Financing for St. Regis Aspen Resort
Jones Lang LaSalle Inc.’s Hotels & Hospitality Group has secured $75 million in financing on behalf of 315 East Dean Associates for the luxury property.
Prologis Adds Distribution Center to Wroclaw V Park
Prologis is expanding its presence in Poland, where it will construct a 376,000-square-foot, build-to-suit distribution center for a leading Polish retailer.
Economy Watch Weekly: Ben Bernanke Spooks the Markets, but Housing Keeps Recovering
CPE’s economic analyst, Dees Stribling, gives his update for the week ending June 21.
Economy Watch: Most State Unemployment Rates Down, Healthcare Inflation Slows, Wall Street Calms Down
The Bureau of Labor Statistics reported state-level unemployment rates on Friday, and the majority of states were flat or down. PricewaterhouseCoopers released fairly favorable expectations for U.S. medical costs. And Wall Street enjoyed a favorable Friday, following days of en masse selloffs.
NAA Special Report: How Apartment Companies Make Buying Decisions
Panelists at the National Apartment Association 2013 Education Conference and Exposition offered advice on how product and services providers should approach apartment companies.
Chinese Conglomerate Acquires Part of One Nine Elms Redevelopment Project
A major component of London’s One Nine Elms redevelopment project recently traded hands, with original developer Green Property selling its site to a Chinese conglomerate for a reported $140 million.
New York Parks Now Have Free Solar-Powered Charging Stations
Imagine you’re taking a walk in the city and your cellphone starts ringing. It’s your mom / boss / partner / landlord and you know you absolutely must take this call but that evil “low-battery” message thinks something else. So what do you do, with no chargers around?
Real Estate Investment Company Reaches for the Stars as It Completes Walk of Fame Building Acquisition
Hollywood’s flashing stars seem to continue to attract attention as ASB Real Estate Investments has recently moved on the market for a prime retail and office property located along the world-famous Walk of Fame. The company has acquired the property for its Allegiance Fund, a $2.2 billion core, open-end real estate vehicle investing in high-profile assets that also offer long-term growth possibilities. The stars adorning the Hollywood Walk of Fame seem to be shining as bright as ever from an investment standpoint. ASB acquired the property from seller CIM Group for an undisclosed sum.
Micro Unit Trends: The Response
Kauri Investments Ltd. chairman James Potter and AREA Real Estate L.L.C. principal David Adelman sat down at the ULI Spring Meeting to discuss municipal, capital markets and neighborhood response to micro unit apartment projects.
Micro Unit Trends: The Emerging Tenant
Kauri Investments Ltd. chairman James Potter and AREA Real Estate L.L.C. principal David Adelman sat down at the ULI Spring Meeting to discuss the type of demand they’re seeing for micro unit apartments.