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A $250M Silicon Valley opportunity zone fund will build a 170-room hotel with its latest investment in downtown San Jose.
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One coworking company is teaming up with a local hotel to provide private offices at a day rate
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The RMR Group filed an application to add office and retail space to the office building at 20 Massachusetts Ave. NW
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CMBS delinquency has been increasing ever since the coronavirus came to the U.S., but lenders are starting to foreclose without any sign of a turnaround.
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The owner is reportedly trying to find more funding to finish the $80M project.
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The sale, which could set up a conversion of the property for residential, comes after activists had called on the District to buy it for affordable housing.
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Consortia begin to take building vertiports seriously
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RLJ Lodging expects the 186-room hotel to generate net operating income growth between 8% and 8.5%.
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The developer is using proceeds from a $350M refinancing deal led by Blackstone to kick off the next phase of development at Reston Station.
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Tenth Street Ventures will turn the existing Master Mind building into a café and lobby for the new development.
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