Hawaii
Ellison Acquires the Eau Palm Beach Resort & Spa
Oracle co-founder Larry Ellison has acquired the Eau Palm Beach Resort & Spa from the Lewis Trust Group. The 309-room… Read more
Blackstone Trades O’ahu’s Turtle Bay Resort for $725M
(Updated with additional information) Blackstone Real Estate said Wednesday it had agreed to sell Turtle Bay Resort in Hawaii to… Read more
Self-Storage’s Next Frontier: Tertiary Markets
The self-storage sector is entering a stabilization phase after a decade-long building boom, marked by high demand and relatively limited… Read more
Avatar Financial Provides Bridge Loan for Hawaii’s Kauai Inn
Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, provided a $9-million bridge loan… Read more
Partners Group Commits $500M to Trinity Investments
Partners Group will acquire a minority stake in Trinity Investments, a hospitality-focused real estate investor, to support its future growth. Partners Group will initially… Read more
Gen Z Will Spend $145,000 on Rent by Age 30
The upper edge of the Gen Z age cohort (those born between 1997 and 2012) has entered adulthood and the… Read more
TLC Modular Lines Up Luxury Condos for Desert Hot Springs
TLC Modular USA and ABJA Ohana LLC will develop Pierson 88, an 88-unit luxury condominium development in Desert Hot Springs. Slated for groundbreaking later this… Read more
Boutique Hotel with Pickleball Courts Planned for Vacant Site in Interbay
A developer is looking to capitalize on the nation’s pickleball craze and has signaled plans to build a boutique hotel… Read more
California People and Company News for Sept. 22, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Natural Disasters: Costlier Than You Might Think
August was a busy month for natural disasters. A series of wildfires broke out in Hawaii in the early part… Read more
Dallas Church Spending $60M on Expansion
Huge church construction projects are not uncommon in Dallas. The First Baptist Church of Dallas, led by nationally known pastor… Read more
Report: Pinpointing the Highest Energy Cost States
A study by the U.S. Global Change Research Program reported that heat waves are occurring more frequently throughout major cities… Read more
Carmel Partners Closes Eighth Multifamily Fund at $1.6B
San Francisco-based Carmel Partners has reached the close of Carmel Partners Investment Fund 8, its U.S. multifamily real estate value… Read more
EAH Housing Celebrates 55 Years with Plans for 31 Communities
San Rafael, CA-based nonprofit housing development firm EAH Housing is celebrating its 55th year with plans to break ground or… Read more
Related Group, BH Plan Residential Tower Adjacent to Hollywood Resort
The Related Group and BH Group have revealed plans for a luxury residential tower at the Diplomat Beach Resort in… Read more
Bendetti Names Jon Moyer as Director of Acquisitions
Irvine, CA-based industrial developer Bendetti has hired real estate industry veteran Jon Moyer as Director of Acquisitions. In this newly… Read more
Newly-Built SouthWestern-Developed Apartments Fetch $63M Just North of Denver
The 220-unit Range at Reunion, an apartment community located in Adams County is directly north of the Rocky Mountain Arsenal… Read more
Rosewood to Build 17-Story Posh Residences in Dallas’ Turtle Creek
Rosewood Hotels & Resorts plans to build a 17-story standalone residential development: Rosewood Residences Turtle Creek. It’s being developed by One Turtle… Read more