Regions

Lower Manhattan Hotel Conversion Project Lands Financing

A century-old building in the TriBeCa/SoHo neighborhood will be converted into a boutique hotel with financial help from Mission Capital Advisors.

Hampton Inn Boston-Logan Airport, Revere, Mass.

HFF Arranges the Sale of Hampton Inn Close to Boston’s Logan Airport

Located at 230 Lee Burbank Highway, the property is a 10-minute ride from Logan Airport and 15 minutes away from Harvard Square and the city’s Financial District.

ULI Special Report: REITs Shift Strategies Amid Market Uncertainty

Leading REIT executives Gerard Sweeney and Bill Hankowsky offered insights into their preparations for the volatile economic cycle at the 2016 ULI Spring Meeting.

Economy Watch: Apartment Market Softens Slightly

The NMHC’s April 2016 apartment market survey shows consumer demand for apartments decline this quarter, while property sales volume went up.

HGU New York

Alfa Development Enters the Hospitality Market with Its First Boutique Hotel

The 90-guest-room hotel preserves its 1905 charm and exudes contemporary artsy glamour after an $18 million makeover.

SL Green, Citigroup Push Up Sale of NYC’s 388-390 Greenwich St.

SL Green and Citigroup are speeding up the $2 billion sale of 388-390 Greenwich St.

Zurich Pays Record Price for Philadelphia Office Development

Zurich Insurance Group acquired a LEED Platinum-certified office asset in Philadelphia for a record price per square foot.

AllianceBernstein Closes Fund Above Target

The New York City-based company closed its second commercial real estate debt fund with $1.6 billion in commitments.

New Timberland Store Coming to Suburban Seattle

The company will debut its new 2,900-square-foot location in Bellevue, Wash., this Friday.

Delray community in Detroit

US Treasury Grants Michigan $188M for Blight Removal

Michigan’s application ranked higher than any of the other 19 which took part in the process.