Regions
Fallon Co. JV to Develop 516 KSF Office Building in Boston’s Seaport District
Fan Pier, the $3 billion, 3 million-square-foot mixed-use development in Boston’s Seaport District, gets a boost with $204 million in construction financing for its latest tower, the 516,000-square-foot building at 100 Northern Ave.
LaSalle Acquires San Francisco’s Hotel Vitale for $130M
LaSalle Hotel Properties has acquired Hotel Vitale, a 200-key lodging in San Francisco, for $130 million.
International: Georgia’s Tallest Residential Tower Rises on Black Sea Coast
Developed by locally based Tam Geo, the $80 million mixed-use Babillon Tower is rising in Batumi, a seaside resort city on the Black Sea coast and capital of Adjara, an autonomous republic in the country’s southwest region.
Starwood Hotels & Resorts to Open 17 New Properties in Latin America
Starwood Hotels & Resorts has unveiled plans to open 17 new hotels in Latin America over the next two years.
Constellation Hotels Buys 80% Interest for $240M in InterContinental New York Barclay
Constellation Barclay Holding U.S. has acquired an 80 percent stake in the historic 685-room InterContinental New York Barclay in Manhattan from InterContinental Hotels Group for $240 million.
Gallery: MIPIM 2014
CPE associate editor Adriana Pop shares photos from MIPIM 2014. Be sure to catch up on her written coverage of the event!
MIPIM 2014
CPE offers coverage of the MIPIM 2014 World Conference in Cannes, France: MIPIM Special Report: 2014 Award Winners Announced MIPIM Special Report: 10 Must-Have Innovative Solutions MIPIM Special Report: Office & Historical Buildings to Hotel Conversions Slideshow: MIPIM 2014
CBRE to Sell Upscale Hotel in Midland Ireland
The Heritage Hotel, just an hour outside of Dublin, is being put up for sale by its current owner, and CBRE Hotels will be carrying out the transaction.
Blackstone Acquires Nationwide Select-Service Portfolio
The Blackstone Group has acquired a 15-hotel portfolio comprising 1,856 keys located in Alabama, California, Connecticut, Florida, Pennsylvania and metropolitan Washington, D.C., from OTO Development.
Crow Holdings Capital Closes M-F Portfolio Sale
Crow Holdings Capital Partners continues making moves, this week announcing it has sold a 12-property Class A multi-family portfolio with 4,426 luxury units.