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  • Rapid Growth in Raleigh-Durham

    The metro continues to appeal to investors who are being priced out or struggling to find high acquisition yields in major markets. The combination of job and population growth has generated a strong demand for apartments, with average rents reaching $1,075.

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    PMRG has wrapped up development of an 85,000-square-foot medical office building and surgery center in Henderson, Nev. The facility is part of Union Village, a 170-acre community that includes health care, housing, retail and entertainment.

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    Citizens Bank arranged the $49 million loan to refinance Georgetown Center in Washington, D.C. and the $41 million loan to finance the Old Centerville retail center in Centerville, Va.

    11 May 2017 15:34
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    The new agreement replaces the separate triple-net leases for two acute care hospitals in Las Vegas and two nursing facilities in Fort Worth, Texas, and Spartanburg, S.C., respectively.

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  • Aspen Skiing, KSL Capital Nab Intrawest Resorts in $1.5B Deal

    Scheduled to close during the third quarter, the deal includes resorts in the U.S. and Canada, an adventure travel business and more than 1,000 acres of land.

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  • Courtyard by Marriott Opens in Wisconsin

    The 97-key Courtyard by Marriott Appleton Riverfront will operate as a Marriott franchise, owned by RiverHeath Hospitality and managed by Interstate Hotels and Resorts.

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  • PSG to Build 110 KSF Baltimore Self-Storage Facility

    In a deal brokered by Savills Studley, the company acquired an 8,100-square-foot flex building. The new owner plans to redevelop it into an Extra Space Storage property.

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  • Showpad Plans Chicago HQ, Welcomes New COO

    The company hired Jason Holmes as president & COO of its newest office. The Windy City will mark the third U.S. location for Showpad operations.

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    For U.K. based investors, the depreciation of the pound makes unhedged U.S. performance look rather attractive. For Canadian or Japanese investors by contrast, the picture changes depending on the return horizon.

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