Regions
Macy’s Continues Restructuring, Sells Assets to GGP
The $46 million sale follows Macy’s announced plans to close roughly 15 percent of its properties by next year.
Gene Kaufman Designed Aloft Hotel to Open in Long Island City
The 18-story Aloft Long Island City-Manhattan View will offer more than 74,000 square feet of living and entertainment space to its guests.
Christian Bearman Named CEO of Situs Europe
Based in London, he will oversee the development of Situs Europe, as well as the expansion of the company’s global presence.
Converted Brooklyn Warehouses To Target TAMI Tenants
The largest mixed-use development in Brooklyn’s Gowanus neighborhood will activate the area with a mix of creative workspace and retail.
Interstate Hotels & Resorts Appoints New Chairman
Jim Abrahamson will serve as both chairman & CEO until early 2017.
Economy Watch Weekly: Healthy Economic Metrics Bode Well for CRE
Recent economic metrics suggest that the economy is growing at a healthy clip once again. Economy Editor Dees Striblign discusses how some of the good news affects the commercial real estate industry, for the week ending Oct. 28, 2016.
RobertDouglas Handles $320M Refi for Denihan in NYC
Following the restructuring of its joint venture with Pebblebrook, Denihan has refinanced four of its upscale Manhattan hotels.
1031 Buyer Drives Peak Pricing Retention for Well-Located Asset
Hanley Investment Group brokered the sale of Raceway Commons, a Panera Bread-anchored shopping destination in Indianapolis.
Economy Watch: Personal Income Up, But Consumers Still Glum
While consumers saw their incomes rise in October, their low optimism about the U.S. economy might mean less buying this holiday season.
Faris Lee Arranges Intricate Retail Deal in OC
Rancho Santa Margarita retail property called for a complicated escrow structure.
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