Property Management

$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.