Regions
119-Key TownePlace Suites Opens in Ohio
Crawford Hoying and Shaner Hotels completed the extended-stay property near Ohio State University in Upper Arlington.
Colony Capital to Sell $2.8B Hospitality Portfolios
Highgate Hotels will take over 197 properties totaling 22,676 keys in one of the sector’s largest deals since the start of the pandemic.
Major NYC Project in Limbo After Rezoning Is Scuttled
Political pressure prompted Industry City’s developers to withdraw the 1 million-square-foot plan, but some local leaders remain hopeful that the Brooklyn waterfront project will eventually move forward.
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GPR Ventures Purchases Sacramento Warehouse
The seller is a private investor that has owned the two-building facility for more than 30 years.
Graceada Partners Picks Up Sacramento Office Building
The 78,400-square-foot property is the new headquarters of the California Department of Business Oversight.
Hotel Equities to Manage 36-Property Midwest Portfolio
The management company and its affiliate are slated to handle future transactions, conversions and upcoming developments.
Architecture Firms See No Relief in August
For the third consecutive month, a key index from the American Institute of Architects shows reduced billings and construction activity.
Avison Young Acquires Proptech Company
Truss is an online marketplace tool for offices and coworking spaces.
Directed Capital Closes 10th Fund at $92M
The close of the company’s latest distressed assets fund follows on the heels of new credit facilities totaling $100 million.