Sue Perrotty

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  • Summit to Buy Four Hotels for $164M

    The company expects to spend approximately $7 million to $9 million in capital improvements over the next two years. This off-market transaction will bring Summit’s year-to-date acquisition activity to nearly $600 million.

    16 November 2017 13:38
  • Economy Watch: Interest Rates Stay Still

    As widely expected, the Federal Open Market Committee maintained the target federal funds rate at 1 percent to 1.25 percent. The committee noted the likelihood of gradual rate increases down the line.

    02 November 2017 15:16
  • Economy Watch: Most Metros Enjoy Low Unemployment

    Of the 388 U.S. metro areas, 340 had unemployment rates that were lower in July than a year earlier, according to a recent Bureau of Labor Statistics report.

    31 August 2017 13:51
  • Suburban Philly Office Asset Lands New Tenants

    Iron Run Corporate Center in Allentown, Pa., has been recently renovated and features upgraded common areas, as well as a new lobby and fitness room.

    22 November 2017 15:31
  • LPC To Market Former Headquarters in Atlanta

    The four-story asset was originally built for Hewlett Packard and later served as corporate headquarters for Randstad, an employment and recruitment giant.

    18 September 2017 20:09