Property Management
Regency Centers Corporation Breaks Ground on $50M First Phase of Shops on Main
Regency Centers Corporation has broken ground on the first phase of Shops on Main, a 147,851-square-foot community shopping center in Schererville, Ind.
Ares Management to Acquire AREA Property Partners
Ares Management has signed a definitive agreement to acquire AREA Property Partners. Ares Real Estate Group will now have $8 billion of committed capital and more than 70 investment professionals.
$260M M-U Runway Project Underway in L.A.’s Playa Vista
Construction has gotten off the ground on Runway, the $260 million mixed-use center that will sit on the former runway of billionaire Howard Hughes’ aerospace complex in the Los Angeles community of Playa Vista.
Inland American Lodging Group Acquires 228-room Residence Inn Denver City Center for $80 Million
Inland American Lodging Group recently announced that it has acquired the 14-story Residence Inn by Marriott Denver City Center and the adjoining 448-space parking garage for a purchase price of $80 million. Continue reading →
MTA Picks Transwestern to Manage 2 MSF NYC Portfolio
Transwestern will manage a 2 million-square-foot portfolio in the New York City region, including 2 Broadway in Manhattan, for the Metropolitan Transportation Authority.
NY Developer Plans Boutique Gay-Friendly Hotel in Boystown
New York-based Parkview Developers LLC plans to open a gay-friendly hotel in the heart of Boystown. The approximately 112-room hotel would be located on the 3300 block of North Halsted Street and would be called Out Chicago, according to Ian Reisner, managing partner of the development firm.