Regions

Twin Cites Matrix Multifamily Report, Summer 2016

Yardi Matrix: Fueling the Twin Cities Economy

Multifamily Summer Report 2016: As a regional hotspot with strong employment gains and a relatively low cost of living, the Minneapolis-St. Paul area’s multifamily market is bustling with activity.

Robert Elliott Jr., COO & EVP, Lantian Development

Lantian Development Names New COO, EVP

Bringing more than two decades of expertise to the table, Robert Elliott Jr. most recently served as director of development for Washington REIT.

Economy Watch: Consumers Seem Nervous About Brexit

U.S. consumer sentiment took a dip in early July, largely due to increased concerns about the U.S. economy’s prospects after the Brexit vote.

L.A. Rams Stadium rendering

General Contractor Announced for LA Rams Stadium

A joint venture between Turner and Aecom landed the construction contract for what is expected to become the world’s most expensive sports arena.

One Water Street at The Camden Waterfront, Camden, N.J.

Leading Water Company to Build HQ in Camden, NJ

The new corporate headquarters will be part of the Camden Waterfront, a $1 billion, 20-acre master-planned development.

San Jose Marriott, San Jose, Calif.

San Jose Marriott Changes Hands

The 510-key hotel, which is connected to the McEnery Convention Center, traded for roughly $300,000 per room.

Investors Press the “Pause” Button

Look for a noteworthy shift in the investment market during the second half as players exercise caution.

Marcus Cook, Senior VP of Baum Realty Group

Marcus Cook Joins Baum Realty Group as New Senior VP

The commercial broker has 18 years of experience in various branches of commercial real estate, including the hospitality sector.

Burt Cabanas, founder & chairman, Benchmark Hospitality

Benchmark, Gemstone Hotels & Resorts Merge

The new company, which will be chaired by Burt Cabañas, will operate 58 independent properties, most of them located in the U.S.

East Shore I, II and III, Glen Allen, Va.

CBRE to Handle Leasing Efforts for 384 KSF Richmond Portfolio

The seven buildings, which form a Class A and B mix, are owned by Westdale Real Estate.