New York
$571M Hotel Portfolio to be Acquired by JV
Hersha Hospitality Trust of Philadelphia has struck an agreement with Cindat Capital Management Ltd., forming a joint venture to acquire… Read more
CBRE’s Sulentic Predicts Opposite CRE Future Than Zell
CBRE’s CEO Bob Sulentic spoke with Fox Business about the company’s stellar 4Q performance and his overall premonitions for CRE… Read more
“Super Prime” Condo Transforms City’s Center
Pacific Gate, a 41-story condominium building under construction in downtown San Diego, is set to elevate the market to new… Read more
CMBS Delinquency Rate Driven Down by Resolutions
Tripp reports that U.S. CMBS delinquencies plummeted in January, due mainly to the resolution of Stuyvesant Town/Peter Cooper Village’s $3-billion… Read more
DRA to Acquire Inland Real Estate Corp. for $2.3B
DRA Advisors of New York has reportedly agreed to acquire Oak Brook, IL-based Inland Real Estate Corp. for $2.3 billion.… Read more
All LAUSD Schools Closed After Electronic Threats
This post will be updated throughout the day as more news is shared by officials. Update at 4:35 PM Cortines… Read more
Brookfield Properties Q&A: The Status and Future of DTLA
According to The Downtown Center Business Improvement District’s (DCBID) Q3 market report, Downtown LA’s office leasing market is primed for… Read moreAmazon.com Starts Sunday Delivery Service in I.E.
Amazon.com is expanding its Sunday deliveries to the Inland Empire. While the e-commerce giant has done major business in the… Read more
Top 10 Most Expensive Office Streets
In looking at the office market by location, industry, and competition, JLL has ranked the top 10 most expensive streets… Read more
Ranked: Most Expensive Prime Office Space Worldwide
Looking to rent prime office space? According to Knight Frank’s Skyscraper Index, Hong Kong is the most expensive city to… Read more
Worst U.S. City To Build Wealth
It may be the city with perfect year-round weather, but San Diego was ranked the worst of 18 cities in… Read more
Will Los Angeles Legalize Street Vendors?
Los Angeles may be ripping a page from New York when it comes to street vending. This past week, a… Read more
Equity Office Names Khouri CEO
Equity Office, the major landlord owned by private-equity giant Blackstone Group, has named Eli Khouri president and chief executive officer.… Read more