Morgan Stanley
RLJ Lodging Trust Hires New SVP
Ryan Meliker will step up as the company’s senior vice president of corporate strategy and investor relations, bringing 15 years of experience in lodging and real estate research.
KBS Signs 63 KSF Lease in St. Louis Area
The leases at the Pierre Laclede Center in Clayton, Mo., include space for The Saint Louis Club as well as office space for the St. Louis Economic Development Partnership.
Paramount Executes 100 KSF Manhattan Office Lease
A software company will occupy two floors of Paramount’s 48-story office building, bringing the property’s leased occupancy rate to more than 95 percent.
Choice Hotels to Buy WoodSpring Suites for $231M
The company will become the brand’s franchisor, strengthening its leadership in the extended-stay segment with the acquisition of 240 hotels in 35 states.
Gladstone Expands Office Portfolio With $38M Buy
The company’s most recent acquisition involved two fully leased properties located in Columbus, Ohio, and Salt Lake City. Both assets were completed in 2007.
Airbnb Faces Adoption Slowdown
A recently published report by Morgan Stanley shows that Airbnb’s initial utilization rate prediction for 2017 will only be reached by the end of next year. In the light of the platform’s struggles to maintain the momentum gained in 2015 and 2016, online travel agencies gain significant ground.
Stream Tapped to Lease Dallas-Area Industrial Facility
Morgan Stanley appointed Stream Realty Partners as leasing manager of Eagle Park 20/35. The 454,408-square-foot industrial property in DeSoto, Texas, was completed last year.
Ken Rogozinski Rejoins Greystone in Newly Created Role
The financing specialist will serve as executive managing director of Greystone Bassuk, one of Greystone’s real estate advisory companies. Rogozinski will build structured debt products for real estate owners and developers.
C&W Adds Tenant to Boca Raton Office Center
The owner selected Managing Director John Criddle and Senior Associate Joseph Freitas to spearhead leasing efforts at the property earlier this year.
Morgan Stanley to Buy Mesa West Capital
With more than $5 billion in gross assets under management, the Los Angeles-based lender will keep its name and will operate as a separate business unit.