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Ashford Prime Repositions as Braemar Hotels & Resorts
Ashford Hospitality Prime will now be known as Braemar Hotels & Resorts, emphasizing its new focus on luxury hotel and resort properties.
How to Spot a Successful Downtown for Investment
As primary markets overheat, more risk-adverse small balance investors are seeking secondary and tertiary markets to place capital. But how can you discern which areas will prosper?
Economy Watch: IMF Predicts More Growth in 2018, Less Next Year
Advanced economies, including the U.S., will continue to expand above their potential growth rates this year, the International Monetary Fund’s latest World Economic Outlook, which will likely support robust real estate markets in 2018.
Economy Watch Weekly: Retail Sales Enjoy Solid March
Total U.S. retail sales rebounded in March after two straight months of decline, the Census Bureau reported. Economy Editor Dees Stribling discusses the winning and losing retail categories, for the week ending April 20, 2018.
HTI Lands $119M Refi for MOB Portfolio
KeyBank arranged the long-term funding for a portfolio of 20 medical office buildings in a dozen states, expanding the REIT’s liquidity position by up to $33 million in net proceeds.
On the Market: 5 Interesting Listings for April
This month’s listings include a historic castle-like office building in Portland, Maine, and an award-winning asset with an all-stone exterior in Chadds Ford, Pa.
SunPower to Buy U.S. Competitor SolarWorld
The firm hopes the acquisition will not only increase it.s U.S. manufacturing business, but also increase the likelihood that its products will be excluded from the Trump administration’s new solar tariffs.
Economy Watch: Most States Reaching Full Employment
Unemployment rates were stable in 45 states and D.C. in March, the Bureau of Labor Statistics recently reported.
Brookfield Secures Partners for $15B Purchase of GGP
The company has obtained commitments from four investment entities, including CBRE and TH Real Estate, to help finance its planned acquisition of the retail property owner.
Tru by Hilton Expands in Three College Towns
As it continues to grow its U.S. footprint, the hospitality chain’s midscale brand is adding properties in Madison, Wis.; Tallahassee, Fla.; and Auburn, Ala.