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Business and group travel is helping return the largest hotel REITs in the U.S. to profitability.
News

Hotel REIT Earnings Beat 2019 Results As Urban Markets Bounce Back

... said. “The current trend in urban markets gives us confidence that their recovery is ... of tracking adjusted earnings. Host's group and business travel both improved considerably, ... employees. The REIT opened its last property that was still shuttered as a result ...

Aug 08, 2022
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Tishman Speyer JV Acquires Center City West Property, Plans Life Sciences Overbuild
News

Tishman Speyer JV Acquires Center City West Property, Plans Life Sciences Overbuild

... San Diego, London and the North Carolina Research Triangle markets, Breakthrough CEO Dan Belldegrun told Bisnow in an interview ... share a single business address with local multifamily developer PMC Property Group. Breakthrough may be new to the region, but ...

May 17, 2022
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business conversation
News

Why Speaking With The Property Manager Should Be Part Of Any Investor’s Due Diligence

... Commercial Real Estate Group, said CRE investors can make better-informed decisions by consulting with a property manager who has ... some landlords of Class-A multifamily properties in highly desired markets. However, this might not be sustained during the ...

Jun 14, 2022
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1st Avenue Plaza in Denver, Co.
News

Granite Properties Has Eyes On ‘One Of The Best Performing Markets’ In Denver

... acquired fellow Denver firm Black Creek Group. Black Creek acquired the buildings ... The premium is a result of property improvements, increased occupancy and overall resiliency ... in Denver and other high-growth markets across the country, according to Lawrence ...

Feb 22, 2022
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Real estate finance
News

Can Ireland's Property Sector Contain The Banking Contagion?

... Ireland's two biggest banks, AIB Group and Bank of Ireland, have said that ... office space, Colliers Head of Capital Markets Michele McGarry said, with investors less ... others. The agency’s assessment quantifies property assets held by public bodies that can ...

Mar 29, 2023
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Holland Partner Group Plans Multifamily For Long Beach Office Property
News

Holland Partner Group Plans Multifamily For Long Beach Office Property

... Business Journal reported in January, when Onni Group bought a retail property in the city to redevelop into apartments. ... Senior Managing Director Chris Benton, co-Head of Capital Markets Kevin Shannon, Vice Chairman Bill Bauman and Executive Managing ...

Feb 24, 2022
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Emerging Coronavirus Variant Sows Uncertainty, Sinks Markets On Black Friday — Casting Another Cloud Over Real Estate
News

Emerging Coronavirus Variant Sows Uncertainty, Sinks Markets On Black Friday — Casting Another Cloud Over Real Estate

... of the coronavirus sent ripples through stock markets on Friday in what could have been ... center would double. Shares of REIT Simon Property Group, the biggest mall owner in the U. ... to CNBC. As of the close of markets on Friday, Costco was down 0.65% ...

Nov 26, 2021
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Buildings Release A Staggering Amount Of Carbon Emissions. What Are Property Groups Doing About It?
News

Buildings Release A Staggering Amount Of Carbon Emissions. What Are Property Groups Doing About It?

... ways to combat climate change, one group that has been feeling increased pressure to act is property owners. Buildings are responsible for ... committed to net-zero carbon emissions by 2050 across all markets and sectors, with our malls supported by over 62 ...

Sep 16, 2022
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Ryan Shear Avinash Dabir
News

Crypto Crash Has CRE's Blockchain Boosters Touting Tokenization's Practical Benefits

... it is in such a state of flux,”  Digital Innovation Group President Jason Bennick said. “This stuff is going to drag ...

Aug 09, 2022
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Peachtree Hotel Group Buys Canopy Hotel In Midtown
News

Peachtree Hotel Group Buys Canopy Hotel In Midtown

... branded hotel in Midtown. Peachtree Hotel Group purchased the 176-room Canopy by ... acquisition of the hotel, according to property tracking firm Databank. The Fulton County ... Midtown Atlanta is one of the hottest markets in the country right now, and ...

Aug 01, 2022
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