National
Government Properties, Select Income REIT to Merge
Operating as Office Properties Income Trust, the combined company will own 213 properties in 38 states and Washington, D.C.
Health-Care REITS Sell Into Strength
Institutional investors have taken greater interest in the sector amid faster-changing demographics, according to Fitch Ratings Senior Director Stephen Boyd.
PEG Cos. Buys Multi-State Marriott Portfolio
The roughly $130 million deal encompasses more than 1,000 guestrooms in eight states. Cantor Commercial Real Estate provided the acquisition financing.
US Office Market Outlook: The ‘Haves’ and ‘Have-Nots’
Peter Muoio, head of research & chief economist at Ten-X Commercial, offers his investment forecast for the sector, ranking the top and bottom five cities and regions.
Deals Pick Up the Pace in Q2
Investment volume in the second quarter of 2018 rose to $114.2 billion, a 9.1 percent improvement over the previous quarter, according to Real Capital Analytics data.
JLL Hotels Appoints New CEO
Gilda Perez-Alvarado will lead the firm’s hospitality real estate services, which will include investment sales, debt and equity placement, strategic advisory and asset management.
Construction Tech Startups’ Meteoric Rise
Todd Burns, president of JLL’s project and development services group, explains what led venture capitalists to invest more than $1 billion in these companies in the first half of 2018—a 30 percent increase over 2017’s total.
Hotel Equities, Virtua Partners to Grow Hospitality Footprint
Virtua will be making a series of investments totaling more than $500 million, to help the Atlanta-based firm move into new regions in the U.S. and Canada and expand in current markets.
Yardi Named to Forbes Cloud 100 List
The company was recognized for the third consecutive year among top-tier private companies leading the cloud technology revolution.
WAC Lighting Introduces New Line of LED Luminaires
The Oculux Architectural LED light fixtures, designed to be cost-effective, are IC-rated, airtight and suitable for both interior and exterior environments.