Regions
Downtown Palm Springs Springs Up in the Fall
Grit Development’s revitalization project brings new hotels, retailers and restaurants to the city’s downtown. The grand opening is scheduled for mid-November.
West Loop Self-Storage Assets Trade for $14M
The sale of the buildings, totaling 60,000 square feet, was mediated by SVN Chicago Commercial. Extra Space Storage occupies all three structures.
Revamped Monmouth Mall on Its Way in NJ
Kushner Cos. and Rouse Properties have teamed up for the redevelopment of the 24/7 attraction in Eatontown. Construction is scheduled to begin in 2018.
BH Properties Lands $253M Loan for NYC Portfolio
New York Life Real Estate Investors provided a 25-year mortgage and mezzanine facility for three Manhattan hotels totaling 1,179 guestrooms.
Historic Boston CBD Asset Trades for $75M
The 179,872-square-foot office asset last traded four years ago. The value of the property increased by more than 45 percent since then.
Cush & Wake Tapped to Market Chicago Industrial Park
The first building in Cherry Hill Business Park, an upcoming 500-acre industrial development in Joliet and New Lenox, Ill., is slated for delivery later this year.
The Inland Empire Expands
Multifamily rent growth in San Bernardino and Riverside counties continued its extremely fast pace over the past year, supported by a healthy job market and moderate inventory expansion, Yardi Matrix data shows.
The Highest Taxed Buildings in America
The fact that Manhattan dominates the rankings doesn’t come as a shock, but the difference in numbers might. The list compiled by COMMERCIALCafé is quite the mixed bag.
Empire Resorts Unveils New York Casino Name
The 18-story, 332-key Resorts World Catskills is expected to open in March 2018. The venue is part of a $1.2 billion four-season destination in Sullivan County.
IHG Opens First Kimpton Hotel in Europe
The Kimpton brand has made its debut in Europe with the opening of a 274-key hotel located in the heart of Amsterdam. The property offers easy access to the Centraal Station rail depot and local attractions.