CPE’s Top 5 Posts in May
- By
- Jun 07, 2019
Grocery Industry to Change Look of Retail Real Estate
CBRE forecasts a transformation that will impact the size of grocery owners’ portfolios and the design of the stores themselves.
When Hotels Meet Short-Term Home Rentals
Marriott is entering the growing home-sharing business by offering bookings at 2,000 high-end locations. Meanwhile, Airbnb and RXR Realty are teaming up on hotel-like apartment rentals in Manhattan.
Nightingale Properties to Buy Coca-Cola Building for $907M
The soft drink giant put the Manhattan property up for sale late last year, enlisting Cushman & Wakefield to market the historic asset.
Starwood Capital to Launch 1st Opportunity Zone Project
The private investment giant is joining developer AB Capstone to build the mixed-use development in the South Bronx. Anchored by a charter school, the 147,000-square-foot project is Starwood Capital’s first deal in the company’s new Opportunity Zone investment program.
World’s Tallest Modular Hotel Advances in NYC With $65M Loan
The 168-key AC Hotel New York NoMad, a Marriott-branded asset, is set to open in Manhattan in late 2020, with stacking slated to begin this fall.