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Hyatt Hotels Sells Park Hyatt Washington for $100M

Hyatt Hotels Sells Park Hyatt Washington for $100M

Just weeks after announcing the sale of a 38-property portfolio to Lone Star Funds for about $590 million, Hyatt Hotels Corporation has completed another important transaction. At the start of the month, the company sold the Park Hyatt Washington to a joint venture comprised of Westmont Hospitality Group and Thomas…

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City of Minneapolis Seeks Nicollet Hotel Block Developer

City of Minneapolis Seeks Nicollet Hotel Block Developer

The City of Minneapolis is currently requesting proposals for the development of a mixed-use project at 30 Third St. South in the city’s downtown neighborhood.…

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Avalon Development Celebrates Construction Start on $165M Hawaii Kai Apartment Complex

Avalon Development Celebrates Construction Start on $165M Hawaii Kai Apartment Complex

Construction on a 269-unit Hawaii Kai residential rental project that was initially planned as a luxury condominium complex is set to begin this Friday, with a groundbreaking ceremony.…

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$120M Hyatt House to Open in 24-Story CBD Office Building

$120M Hyatt House to Open in 24-Story CBD Office Building

Hyatt Hotels Corporation has announced the development of a new Hyatt property in New Orleans. Set to open in 2015 at 1250 Poydras Street, the new Hyatt location will operate under the Hyatt House brand, New Orleans’ first.…

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Prime Residential Acquires Two Seatac Residential Communities, Breaks South King County Record for Per-Unit Price

Prime Residential Acquires Two Seatac Residential Communities, Breaks South King County Record for Per-Unit Price

While the city of Seattle has held the spotlight in terms of residential deals, records seem to be falling elsewhere in King County. The current per-unit record fee in South King County was recently shattered as the 140-unit Belvedere Apartments community was acquired by Prime Residential for $28 million, or…

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Value Place Opens New, 124-Room Hotel in Cleveland

Value Place Opens New, 124-Room Hotel in Cleveland

Value Place continues to expand. The extended-stay hotel chain announced this week the opening of another hotel in Cleveland. It is the company’s tenth Ohio hotel and its third in the Cleveland metro area.…

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Wood Partners and Golub & Co. Break Ground on Lake+Forest Apartment Community in Oak Park, IL

Wood Partners and Golub & Co. Break Ground on Lake+Forest Apartment Community in Oak Park, IL

A joint partnership between Wood Partners, LLC and Chicago-based Golub & Company recently broke ground on a 1.6-acre, 270-unit luxury rental community in Oak Park, Ill.…

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TODAY’S DEALS: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date

TODAY’S DEALS: Atlas Residential Completes Largest Orlando Apartment Acquisition Year-to-Date

CBRE brokers the largest transaction in Orlando for 2014; ARA closes the sale of a luxury community in Palm Beach County to a joint venture between AIMS Real Estate and Carroll Organization; and Cohen Financial secures $12.6 million in joint venture equity for a Florida development.…

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CAHFC and The NRP Group Celebrate the Opening of Sienna Pointe Multifamily Development in San Marcos

CAHFC and The NRP Group Celebrate the Opening of Sienna Pointe Multifamily Development in San Marcos

A new multifamily development celebrated its grand opening in San Marcos. The NRP Group LLC and Capital Area Housing Finance Corporation held the ceremony for Sienna Pointe, a 228-unit development designed to provide top quality living at affordable costs.…

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Waste Pro Signs Lease to Expand Lakewood Headquarters

Waste Pro Signs Lease to Expand Lakewood Headquarters

Waste Pro USA Inc. has recently signed a lease agreement for close to 15,000 square feet of Class A office space at The Springs office building, where the company has resided in the past fifteen years.…

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Austin Creek Community Near Southern Poly Sold, Converts to Student Housing

Austin Creek Community Near Southern Poly Sold, Converts to Student Housing

A newly formed joint venture has recently announced the acquisition of the 120-unit Austin Creek community at Southern Polytechnic State University’s campus. …

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Swire Signs 180-KSF Lease with Akerman LLP at Brickell City Centre Green

Swire Signs 180-KSF Lease with Akerman LLP at Brickell City Centre Green

Akerman LLP will soon move its headquarters to Brickell City Centre Green. The largest law firm in the Sunshine State will occupy 108,000 square feet, 80 percent of the Class A office space in Swire Properties’ tower.…

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