News

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  • Suburban Philly Office Asset Lands New Tenants

    Iron Run Corporate Center in Allentown, Pa., has been recently renovated and features upgraded common areas, as well as a new lobby and fitness room.

    Philadelphia 22 November 2017 15:31
  • IHG to Open First Hotel Indigo in Japan

    The joint venture between InterContinental Hotels Group and ANA will open the first Hotel Indigo property in Japan in 2019. The hotel is just 90 minutes from Tokyo's city center.

    International 22 November 2017 15:09
  • Economy Watch: Construction Spending Up in Most States

    An increase in construction activity adds to the income and potential growth of each state, noted Markstein Advisors' Bernard Markstein, who prepared the latest Associated Builders and Contractors report.

    National 22 November 2017 14:37
  • Lingerfelt Acquires Norfolk Waterside Marriott

    The company purchased the 405-key hotel and plans on implementing a $25 million renovation program. CommonWealth Lodging Management, Lingerfelt's hotel management affiliate, will operate the hotel.

    Midatlantic 22 November 2017 14:25
  • Austin Office Campus Lands $64M

    HFF arranged the five-year, floating rate loan through Wells Fargo for Amber Oaks, a nine-building, 543,544-square-foot Class A office campus. The debt replacement team worked on behalf of the borrower, Menlo Equities.

    Austin 22 November 2017 14:16
  • Rent Deceleration Continues in San Francisco

    The metro’s economy is strong and market indicators reflect continued growth, albeit at a slower pace than a couple of years ago. As supply continues to catch up with demand, Yardi Matrix expects rents to rise 0.8 percent in 2017.

    San Francisco 22 November 2017 13:36
  • NY-Area Retail Centers Land $663M Refi

    The refinanced portfolio comprises 98.1 percent leased retail centers anchored by grocery stores, including ShopRite, Aldi, Home Depot and more. The loans include 14 fixed- and two floating-rate facilities with terms ranging from seven to 13 years.

    New York 22 November 2017 13:29