Dick Burke

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  • Fitch: More U.S. Lodging Consolidation Is Expected

    The growing power of industry leaders will drive more lodging consolidation, with Hyatt and La Quinta as desirable targets, per the rating agency’s most recent report on hospitality. Such growth strategies are also a way to balance the competitive environment disrupted by alternative accommodation operators.

    19 September 2017 16:40
  • Miami Medical Office Building Trades for $11M

    The nine-story property underwent a $2.1 million capital improvement program that repositioned the asset and boosted occupancy to nearly 70 percent.

    04 October 2017 18:33
  • Out-of-Favor Assets Offer Higher Yields

    Retail and non-CBD office are among the properties offering opportunity for better returns to investors willing to expand their strategies. You just need to know how to unearth their full potential, notes Resource Income and Opportunity REIT Senior Vice President Martin Caverly.

    05 July 2017 17:27
  • Introducing Irvine’s Tallest Office Tower Yet

    Developed in less than two years, 400 Spectrum Center overlooks Orange County from 323 feet in the air—just a few inches more than its sister building, 200 Spectrum Center.

    18 September 2017 11:57
  • Economy Watch: Construction Spending Flat in May

    Residential construction was up 0.5 percent and non-residential construction was down 0.3 percent, leading total construction to remain flat for the month, according to the U.S. Census Bureau. Compared to May 2016, however, all major nonresidential construction categories enjoyed increased spending.

    05 July 2017 13:35
  • Meet CPE’s 2017 Stars to Watch: Alison Novak, The Hudson Cos.

    She launched the firm's green building program and is working on the world's largest Passive House project, part of a technology campus in New York City.

    02 May 2017 17:30
  • Houston 186-Acre Medical District Lands First Partner

    CHI St. Luke’s Health partnered with The Signorelli Co. for Vivacity, a 186-acre medical and wellness district northeast of Houston, which is part of Valley Ranch, a 1,400-acre mixed-use development.

    07 August 2017 15:06
  • Pod Hotels Coming to Times Square

    The brand is bringing a more micro unit-focused aesthetic, adding a 'plug and play' package of amenities to their extended-stay product.

    16 August 2017 12:51
  • Charter Plans New HQ in CT

    Five years after moving in, the telecommunications company has outgrown its current downtown Stamford headquarters and has revealed plans for a 500,000-square-foot office building at the Gateway Harbor Point site.

    04 October 2017 16:00
  • Product Spotlight: Park Assist’s M4 Smart-Sensor Parking Guidance System

    The company's sensors streamline parking with real-time spot availability displays, license plate verification and parking violation alerts, and the ability to find your parking spot with a smartphone app.

    05 April 2017 07:04