Steve Purpura

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  • Orlando Hotel Commands $206M

    Xenia Hotels & Resorts Inc. snagged the valuable Hyatt asset in the heart of the top destination for U.S. tourism and job growth.

    01 June 2017 12:57
  • SAP Leases Space at New Atlanta Office Building

    The company will join other notable tenants at 8000 Avalon, a mixed-use project that Hines and Cousins Properties completed in June 2017 in Alpharetta, Ga.

    21 August 2017 20:38
  • THG Opens Hyatt House Anchorage

    This hotel marks the company's first Hyatt House property and the first for Alaska. The pet-friendly location offers amenities such as a pool, restaurant, meeting space and a free airport shuttle.

    15 May 2017 15:19
  • US Industrial REITs Benefit From Rising Warehouse Demand

    Warehouse space is likely to remain in steady demand, supported by favorable fundamentals and the rapid growth of e-commerce sales, notes Moody's Investors Service Analyst Alice Chung.

    01 November 2017 13:50
  • Perennial Ponders $1.2B Sale of Singapore Skyscraper

    A group of investors led by Perennial Real Estate Holdings is contemplating the sale of the AXA Tower, the city's sixth-tallest building located in the central business district.

    04 August 2017 14:00
  • JV to Redevelop Historic Sunshine Theatre in NYC

    A partnership between East End Capital and K Property Group purchased the 29,200-square-foot building for $31.5 million. The historic Houston Street cinema will close in January 2018, and will be transformed into a mixed-use development.

    14 July 2017 07:34
  • High Volatility CRE, Revisited

    Avison Young Principal Jay Maddox discusses how the implementation of HVCRE rules has negatively impacted borrowers and created uncertainty for lenders, as well as the current efforts to soften the regulation.

    02 August 2017 16:14
  • JV Breathes Life into NYC Science Lab

    Silverstein Properties and Taconic Investment Partners will transform an existing facility and deliver an additional 150,000 square feet of space to create Hudson Research Center, a premier life science research lab in Midtown Manhattan.

    21 August 2017 15:32
  • Increase of the Net Lease Dollar Store

    The majority of the product comes from new construction properties, as tenants continue to expand at an aggressive pace, notes The Boulder Group President Randy Blankstein.

    02 August 2017 16:10
  • Adolfson & Peterson Tops Off Dallas-Area Office Building

    Adolfson & Peterson Construction topped out WatchGuard Video’s 140,000-square-foot corporate headquarters in Allen, Texas. GFF designed the two-story office building.

    09 October 2017 14:42