News
122-Room Lexington Klapa Resort Opens in Bali
Vantage Hospitality Group has recently opened a new Lexington by Vantage-branded hotel in Bali, Indonesia.
Putting a ‘Rockefeller Center-Type’ Development in Miami
Swire Properties Inc. has topped off REACH, the second of two premier luxury condominium towers to top off at the $1.05 billion master-planned Brickell City Centre.
Detroit Getting First Luxury Apartment Building in 25 Years
Downtown Detroit will soon see its first brand-new, mixed-use luxury apartment development in more than 25 years.
Economy Watch: CRE’s a Hedge Against Inflation, But So What?
Inflation is about as dangerous as an after-dinner mint these days, which casts some doubt on commercial real estate’s traditional role as a hedge against inflation.
TODAY’S DEALS: Hunt Mortgage Supplies $44.4M Full-Term, Interest-Only Loan
Hunt Mortgage Group provides a $44.4 million Freddie Mac loan to facilitate the acquisition and upgrade of a multifamily property; and Walker & Dunlop structures a $54.8 million Fannie Mae loan.
Upgrading to ‘Current Luxury Levels’
Pollack Shores Real Estate Group has acquired The Vinings at Delray Beach, a 228-unit apartment property in Delray Beach, in South Florida.
Stage One of Stockland Wetherill Park Retail Center Completed
The first phase of a comprehensive redevelopment at the Stockland Wetherill Park shopping complex has reached completion according to the contractor, Brookfield Multiplex.
What Spurred Quick Lease-ups at Miami’s New Senior Communities?
Three affordable housing developments in Miami’s West Brickell district have quickly leased up just four weeks after each received its certificate of occupancy.
Affordable Apartment Community for Workforce Families Breaks Ground
Ground has been broken for new, sustainable apartment homes for workforce families in the city of San Luis Obispo, Calif.