Regions
Premier Design + Build Makes Key Promotion, Hires SVP
The company promoted Mark Melone to executive vice president & director of construction nationwide and Michael Long to senior vice president heading the Midwest division.
Dermody Properties Announces Top-Level Promotion
Former Chief Acquisition Officer Tim Walsh was promoted to chief investment officer, a position from which he will oversee the company’s origination activities.
Sizing Up New York City’s Far-Reaching Climate Bill
Real estate investors, developers and advisers are assessing the legislation, which is being praised for its boldness and criticized for focusing on large and medium-sized properties.
Cushman & Wakefield Facilitates $16M CA Industrial Sale
The new owner financed the acquisition with a $10 million loan from East West Bank. A Mitsubishi subsidiary is the only tenant of the 73,000-square-foot building in Poway.
Four Seasons Nashville Lands $360M in Financing
HFF orchestrated the debt and equity package for The Congress Group and AECOM Capital’s development of the 232-key hotel and residential project.
Blackstone’s Conversion Earns Favorable Reviews
Observers respond favorably to the company’s decision to convert from a publicly traded partnership to a corporation.
TIG Raises $200M for New Fund
The firm raised $200 million to start its TSP Value and Income Fund II, which is targeting a net IRR of 12.5 percent or higher.
Executive Q&A: Nuveen’s New CIO
Carly Tripp discussed how the global investment manager is remaining disciplined and focused on long-term strategy while being flexible and open-minded.
Vocon Completes Cleveland HQ Renovation
The company has been occupying the two-story building in the downtown area since 2005 but needed a larger, more flexible space to accommodate growing staff.
Portland Hotel Opens After Renovation
The 174-key Hotel Zags Portland, which completed a major renovation and rebranding project, is part of Pebblebrook’s “Unofficial Z Collection”.