Neil Helman

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    The new owner will bring multiple improvements to the two-building property in order to attract future tenants. Currently, the asset is fully occupied.

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    Located in Pomona, Calif., the asset will be managed by Stonewood Properties and Newmark Knight Frank will direct the leasing transactions.

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  • Wyndham to Buy La Quinta for $2B

    The transaction will expand Wyndham’s hotel portfolio to 21 brands and more than 9,000 properties, and result in the spinoff of La Quinta’s owned real estate assets into the newly formed CorePoint Lodging Inc., which will hold the distinction of being the only pure-play, publicly traded REIT focused exclusively on midscale and upper-midscale lodging.

    22 January 2018 14:19
  • Economy Watch Weekly: Amazon HQ2’s Impact on Housing

    Whichever market Amazon chooses for its next North American headquarters will surely feel the impact. Economy Editor Dees Stribling discusses how the decision will affect housing markets, in his roundup for the week ending Jan. 19, 2018

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