National
Blackstone to Acquire LaSalle Hotel Properties for $4.8B
The deal, expected to close in the third quarter, includes 41 properties totaling more than 10,000 guest rooms in 11 markets.
Economy Watch Weekly: US Office, Industrial Markets Performing Well
Continued restraint in new development in the office sector and robust demand in the industrial sector contributed to strong first-quarter performances for the property types. Economy Editor Dees Stribling has the latest, for the week ending May 18, 2018.
Hilton Divestment Vindicates Blackstone’s Patience
Analysts outline how the company followed up on the unification of Hilton’s domestic and international sides, and why the investor’s moves have paid off so well.
Retail Owners Bet Big on Makeovers
RECon attendees detailed strategies for major renovations and reported renewed interest in the sector from institutional capital sources.
Economy Watch: State Unemployment Stats Suggest Full Employment is Near
Four states experienced unemployment rate decreases in April, while rates were stable in 46 states and D.C., according to the Bureau of Labor Statistics latest jobs report.
Strahan Brings Star Power, Insight to RECon Keynote
The TV personality and Hall of Fame NFL player opened ICSC’s annual convention with perspectives on leadership, persistence and adapting to change.
The Value of a New Image
When it comes to repositioning an asset, one should never underestimate the power of first impressions, argues Nadel Architects Director of Special Projects Patrick Winters.
Economy Watch: US Economic Growth Stable in 2018, To Dip in 2019
A slight pickup in consumer spending in March suggests there is still room for growth in the coming quarters, with corresponding boosts to GDP, according to the Fannie Mae Economic and Strategic Research Group’s May 2018 Economic and Housing Outlook.
Stable Industrial Investments Spur Sale-Leaseback Deals
A Marcus & Millichap report found that the new federal tax laws that favor leasing over owning also contribute to a growing number of industrial sale-leaseback transactions.
Simon Property Group to Spend $4B on Experiential Upgrades
The retail and mixed-use property developer will transform some of its most notable assets with a mix of new offerings ranging from progressive restaurant concepts to premier hotels.