Richard Viel

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  • Elevated Equity REIT Bank Borrowing Bears Close Watch

    While not a new phenomenon, U.S. equity REITs' exposure could constrain corporate credit quality in some cases if bank borrowing continues at this elevated level, warns Fitch Ratings Head of U.S. REITs Steven Marks.

    19 July 2017 17:24
  • Kansas City’s New Look

    The metro is in the midst of a transformation, growing as a financial and research center, with increased investment in infrastructure, all of which support multifamily fundamentals, Yardi Matrix data shows.

    08 June 2017 09:29
  • DC Office Building Trades, Seeks Rebranding

    In a deal brokered by Newmark Knight Frank, American Real Estate Partners paid $64.2 million for the 192,000-square-foot office asset located in the NoMad submarket of Washington, D.C.

    10 October 2017 19:49
  • Hilton Garden Inn Sells for $44M in Portsmouth, NH

    Chatham Lodging Trust is the new owner of the 131-key hotel, which opened in 2006. The company purchased the property from Cathartes Private Investments.

    25 September 2017 17:01
  • Economy Watch Weekly: The Most Overvalued US Markets

    It's been 10 years since the last housing bubble, are certain residential markets in danger of overheating? Economy Editor Dees Stribling discusses the latest UBS Global Real Estate Index, which points to several troubled metros.

    03 October 2017 13:15
  • Philly Creative Office Asset Trades for $29M

    The 100,998-square-foot premier building previously served as a car dealership and a warehouse, until its conversion to office in 1982.

    19 October 2017 13:11
  • Behind the Soaring Demand for Scottish Hotels

    Resilient to wider geopolitical headwinds, the Scottish hotel market is attracting an increasingly larger amount of capital, especially from the U.S. and India. The relative weakness of the pound sterling and the sharpness of yields are some of the factors behind this trend, according to Steven Fyfe, associate in the hotels team at Savills Scotland.

    03 October 2017 15:49
  • Oxford Property Group, Titan Real Estate Merge

    To accommodate the influx of new employees, Oxford is expanding its 5,000-square-foot office located at 286 Fifth Ave. in Manhattan.

    18 May 2017 16:11
  • Structured Development Plans New Chicago Building

    Structured Development plans a mixed-use building in one of the few remaining large sites near the North Branch Industrial Corridor. Construction will begin in the first part of 2018.

    18 August 2017 09:44
  • Manhattan’s GM Building Lands $2.3B Refi

    Boston Properties has completed a $2.3 billion refinancing of the 50-story, 2 million-square-foot trophy tower. The financing includes interest-only payments and matures in 2027.

    09 June 2017 13:14