Regions
Park Hotels Lands $950M in Financing for Chesapeake Acquisition
The previously announced merger between the two REITs is expected to close by the end of the month.
Hilton Appoints Global Head of LXR Hotels & Resorts
The new hire brings nearly 20 years of industry experience in the Asia-Pacific, the U.K. and the U.S. to the role.
Denver Mid-Rises Trade for $72M
DPC Cos. and Bridge Investment Group sold two 11-story buildings located within the Denver Tech Center.
REIT Closes $123M in Southern California Acquisitions, Sales
Rexford Industrial Realty has added five properties totaling nearly a half-million square feet to its portfolio in separate transactions, and partially financed the purchases with two dispositions.
Realty Income to Buy $1.3B Retail Portfolio
In addition to more than 450 single-tenant commercial assets, the buyer will pick up approximately $131 million of debt held by the seller.
Brooklyn Industrial Asset Commands $81M
Terreno Realty expanded its presence in New York with the acquisition of the 192,000-square-foot asset in the East Williamsburg neighborhood.
Blackstone Sells Phoenix’s Largest Resort
Trinity Real Estate and Elliott Management have acquired JW Marriott Desert Ridge, a 396-acre luxury property.
TA Realty Tallies $1B From Industrial Sales
In two separate transactions, Blackstone added 68 properties to its industrial holdings and AEW bought 28 assets in Texas.
What to Expect From Baltimore’s Office Market
Merritt Cos. CEO Scott Dorsey discusses the most attractive suburban areas for investment, as well as the influence of new office product on existing stock.
Aimbridge Hospitality, Interstate Hotels to Merge
The combined company will be a global force in third-party management, providing services to a portfolio of more than 1,400 properties spanning 20 countries.