Michael Cohen

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    In an off-market transaction brokered by Cushman & Wakefield, Shelbourne Global Solutions acquired Perryville III in Hampton, N.J., for $19.9 million. The firm has rebranded the property as Shelbourne at Hunterdon.

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  • Economy Watch: Cost of Rent a Challenge Across Generations

    Of the Millennials and Baby Boomers who rent, 46.5 percent and 49 percent, respectively, spend more than 30 percent of their income on housing costs, according to a new report by ABODO.

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    Acting on behalf of the Metropolitan Pier and Exposition Authority, a joint venture led by Clark Construction Group recently completed the headquarters hotel, delivering a 1,205-key lodging destination connected to McCormick Place, the largest convention center in North America.

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  • Insite Pays $28M for Houston Office Asset

    The 160,407-square-foot office property was completed by KDC in 2006 as the third in a series of speculative office buildings located in Tampa, Atlanta and Houston.

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    Real estate costs do not end at price per square foot, says the 3-30-300 principle.

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  • Hilton Opens 139-Key Charleston Peninsula Hotel

    Tara Investments developed, owns and manages the Homewood Suites by Hilton Charleston Historic District. The property features 3,000 square feet of flexible space for meeting and social events.

    07 August 2017 18:32
  • Marriott Unveils New $600M HQ, Flagship Hotel

    After a two-year search, the hotel chain has finally found a new home with the help of JLL. The campus—developed by Bernstein and Boston Properties—will be located in downtown Bethesda, Md.

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  • Summit Hotels Lands $53M Courtyard by Marriott in Charlotte

    The acquisition marks the company’s first purchase in the Charlotte, N.C., market. Summit Hotels also entered into an agreement with OTO Development to manage the 118-key hotel.

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  • Waldorf Astoria Dives into the Maldives

    Scheduled for completion in early 2019, the five-star hotel will mark the first ground-up development for Hilton's Waldorf Astoria brand and the second in the Maldives for Hilton overall. The property will feature an approximately 22,000-square-foot spa.

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