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  • Economy Watch: Recent Hurricanes Impact Hospitality Industry

    Most major hotel markets in Florida saw dramatic performance declines in the days leading up to Hurricane Irma, according to STR's preliminary analysis. Hurricane Harvey's impact on Houston's hotel markets is a little less clear.

    19 September 2017 13:37
  • Pennsylvania Offices Trade for $23M

    Brookwood Financial Partners LLC disposed of three office buildings totaling 150,000 square feet located in suburban Philadelphia and the Lehigh Valley area. The properties are part of a 29-asset portfolio that the firm purchased in 2015.

    20 June 2017 20:03
  • Colony Northstar Signs Record Deal at Manhattan Skyscraper

    With a reported rent of $130 per square foot, CBRE inked a 40,000-square-foot office lease at 590 Madison Ave. The property is jointly owned by State Teachers Retirement System of Ohio and Edward J. Minskoff Equities.

    05 May 2017 08:53
  • Pair of NJ Office Buildings Trade for $21M

    Alma Realty acquired the buildings out of REO through a sale arranged by CBRE, after the previous owner defaulted on a $24.1 million loan. The assets are 77 percent leased and offer 41,400 square feet of vacant space.

    09 August 2017 12:52
  • Goldman Sachs Joins $5.5B Baltimore Revitalization Project

    The financial company’s Urban Investment Group is contributing $233 million for the construction of Port Covington, a 235-acre master-planned development on the city’s waterfront. The commitment marks the fund’s largest single private equity investment ever.

    03 October 2017 12:22
  • Marcus & Millichap Expands Chicago Downtown Office

    The company added 6,000 square feet of space to its office at 333 W. Wacker Drive and is currently enlarging its Oak Brook team.

    13 September 2017 11:22
  • Texas-Based Bank Opens First Office in South Florida

    Woodforest National Bank is operating a temporary office at New River Center until July, when the new office build-out is scheduled for completion.

    26 May 2017 19:07
  • UPS Subsidiary to Create 325 Jobs in Atlanta

    Coyote Logistics announced that the firm will develop a new 48,000-square-foot operations center at Atlanta’s Armour Yards, a flexible loft-office campus.

    21 July 2017 14:39
  • Economy Watch Weekly: Consumers Go Shopping in July

    Economy Editor Dees Stribling discusses the surprising boost in retail sales for the month, and which categories fared better than others.

    22 August 2017 15:51
  • How Low Can You Go? CMBS Market in Limbo

    New risk retention rules and shifting investor interest are contributing to the subdued state of the CMBS market, argues BDO USA Partner Stuart Eisenberg. Alternative lenders like private equity firms and REITs are stepping in to fill the gap.

    02 August 2017 16:11