Boardroom Maneuverings May Dictate Next Moves at Two Luxury Hotel REITs
As the hotel investment market has started heating up, so too has the jockeying for control of two luxury...
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Lowe’s Emerges as Likely Buyer of Orchard Supply, After Helping Push Competitor into Bankruptcy
Orchard Supply Hardware Stores, a neighborhood hardware and garden supply retail chain spun off by Sears...
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Theater Owner EPR Properties Casting for Gold Again in Silver Screens
EPR Properties Trust is looking to bring some magic back to the silver screen.
The Kansas City-based...
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Allied Ptnrs, Brickman Pay $185.5M for Brill Office Bldg
Eric Hader of Allied Partners, Inc., along with private equity firm Brickman, has purchased the Brill...
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Architects Report Strong Rebound in Billings Index for May
After moving into negative territory for the first time in a decade in April, the Architecture Billings...
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KBS REIT Aquires Colorado Office Portfolio
KBS Strategic Opportunity REIT, Inc. acquired the six-building Westmoor Center office portfolio at 10055...
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In The Pipeline: CoStar Development & Construction News for June 16 - 22
Port of Seattle Taps Panattoni for 87-Acre Business Park
The Port of Seattle has chosen Panattoni...
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Building Cost Index Rises As Construction Pace Gradually Quickens
Non-residential construction costs rose in the second quarter as larger urban markets appear to be expanding...
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REITs Exploring Options for Their Newly Raised Wealth
Following a year in which REITs raised a record amount of money in the capital markets, and a first quarter...
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Appreciation Shifts from Cap Rate Compression to Real Growth
CoStar's Property and Portfolio Research (PPR) division is forecasting that the wave of cap rate compression...
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Capital Markets Review: NorthStar, Goldman Sachs JV Buying $925 Million of NJ's Investment Funds
NorthStar Real Estate Income Trust Inc. and funds managed by Goldman Sachs Asset Management agreed to...
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Office Depot, Office Max Continue Post-Merger Downsizing
Office Depot has reduced the total square footage of its North American Retail Division to 25.33 million...
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CoStar's People of Note (June 9 - 15)
This week's People of Note includes the following markets: New York City, Northern New Jersey, St...
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RE Equities Corp Acquires 375 Broadway for $81M
Real Estate Equities Corporation has acquired the mixed-use building at 375-377 W. Broadway in New York...
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Facility Closures & Downsizings: QLogic To Consolidate
Networking equipment maker QLogic Corp. approved a restructuring plan designed to streamline business...
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Rising Interest Rates Pose First Big Challenge to Emerging Single-Family Rental REITs
The juxtaposition served up in the single-family rental market last week couldn't highlight this fledgling...
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Hotel Investors In Buying Mood, But Opportunities To Spend Money Scarce
Hotel transaction volume is 50% higher this year compared to the same period in 2012 as room demand heats...
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CRE Pricing Strengthens Following Seasonal Slowdown
Commercial real estate prices resumed broad-based gains in April, shaking off the effects of a seasonal...
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Restaurants Find Less Is More (Profitable) When it Comes to Square Footage
When it comes to burgers, bigger is better. But when it comes to burger joints, some believe it's better...
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Carey Watermark Pays $113M for Chelsea Hotel
Carey Watermark Investors, Inc. (CWI) has acquired the 226-room Holiday Inn Manhattan 6th Avenue located...
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Gaia RE Holdings Acquires Harmon Meadow Atrium 2
Gaia Real Estate Holdings LLC, along with equity partners Phoenix Insurance and Menora Mivtachim Insurance...
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Cushman & Wakefield Names Carlo Barel di Sant’Albano as Interim CEO Replacing Glenn Rufrano
Cushman & Wakefield has named Carlo Barel di Sant’Albano as the interim CEO replacing Glenn Rufrano.
Sant...
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Will IRS Put the Kibosh on REIT Conversions?
The Internal Revenue Service has raised the yellow caution flag delaying the efforts of three firms racing...
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UPDATE: Morgans Hotel Group Putting Itself Up for Sale
Morgans Hotel Group Co. is preparing to explore a full range of strategic alternatives starting next...
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Turning Grey Into Green
By: Adrian Ponsen
Wouldn't it be great if you could go back in time to 2009 and bet all the chips...
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GSA Announces 661,000-SF Lease in Alexandria
The U.S. General Services Administration has announced a new lease agreement for the National Science...
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CoStar's People of Note (June 2 - 8)
This week's People of Note includes the following markets: South Florida, South Bay, New York City...
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In The Pipeline: CoStar Development & Construction News for June 2 - 9
Nonresidential Construction Spending Boosted By Private Projects
The recovery in private nonresidential...
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