Tom McNearney

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    The REIT acquired the hotel following a $40 million renovation process completed in 2016. The building is now dubbed “The Beta Hotel” due to its ultra-modern features.

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  • CohnReznick’s David Kessler on Today’s CRE Market

    Yardi Matrix's Jeff Adler sat down with the managing partner to discuss his insights on the current and quickly changing commercial real estate industry.

    18 July 2017 16:42
  • Economy Watch: Construction Employment, Costs Pushing Upward

    The March construction unemployment rate was the lowest on record, matching the 8.4 percent rate in March 2001, according to Markstein Advisors Chief Economist Bernard Markstein, who conducted the analysis for Associated Builders and Contractors.

    04 May 2017 13:28
  • Robbins Electra Lands Eighth Charlotte Property

    The Tampa-based owner-operator purchased Pavilion Crossings, a 408-unit community that will be rebranded as Grand Reserve at Pavilion. The property will undergo a $3.6 million renovation process.

    04 May 2017 12:58
  • S. Korean Investment Firm Buys NASA HQ in DC

    Two Independence Square, the largest asset in Piedmont Office Realty’s portfolio, sold for $360 million, or $593 per square foot.

    17 July 2017 11:19
  • Extended-Stay Home2 Suites Opens in Chicago Area

    Located within a few miles from most corporate offices in Schaumburg’s business district, the 107-key hotel incorporates a variety of tech- and eco-conscious amenities.

    31 May 2017 13:51
  • Forest City in Merger Talks

    The REIT, which has been exploring options to enhance stockholder value for the last two months, has reportedly received an invitation from Equity Commonwealth to talk about a merger.

    15 November 2017 13:26
  • Industrial Demand

    New orders decreased compared to 2016 only for Computers and Electronic Products (-0.7 percent), while for the remaining industries, new orders have increased.

    30 August 2017 18:01
  • Midwest Industrial Acquires Warehouse, Plans Renovation

    The 71,000-square-foot building is located in Huntley, Ill., and is fully leased by a single tenant. The site features an additional 3 acres which can be used for further development.

    25 May 2017 09:45
  • Commercial Banks and the Capital Markets

    As 2017 approaches the midpoint, the capital markets remain bullish on real estate, and commercial banks are among the most active lenders.

    14 June 2017 14:21