Wednesday, May 22, 2019

North America

North America commercial real estate office, retail, industrial, multifamily, healthcare,student housing,hotel news, trends and insights.

Flor,da luxury hotel Boca Raton

MSD Partners to acquire Boca Raton Resort & Club from Blackstone

MSD Partners has entered into a definitive agreement to acquire the Boca Raton Resort & Club from an affiliate of Blackstone.
UC Hastings College of the Law

UC Hastings College of the Law selects Greystar as master developer for $450M academic...

University of California Hastings College of the Law has selected Greystar Real Estate Partners to develop $450 million multi-phase academic village for...
industrial properties in California

Rexford Industrial Realty buys four industrial properties for $84.5m

Rexford Industrial Realty, a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, has...
U.S office asking rents

Netflix to expand its presence in New York with $100m investment in New York...

Governor Andrew M. Cuomo Thursday announced that Netflix will expand its presence in New York with a production hub in New York...
world’s tallest modular hotel

Marriott International to build world’s tallest modular hotel in New York City

Marriott International will build the world’s tallest modular hotel in New York City.It is expected to open in late 2020 as the...
Blackstone conversion corporation

Blackstone announces conversion to a corporation

Blackstone, the world’s biggest landlord, with $159 billion of real estate assets under management, announced that it will convert to a corporation...
Park Hotels to acquire Chesapeake

Colony Capital completes acquisition of Abraaj Group’s private equity platform in Latin America

Colony Capital, Inc., global investment management firm with assets under management of $43 billion, has closed its acquisition of Abraaj Group’s private...
U.S. economy

U.S. economy still on track to slow in 2019 : Fannie Mae

Headline economic growth for 2019 continues to be forecast at 2.2 percent, down from 3.0 percent in 2018, according to the Fannie Mae...
Eurozone GDP rises 0.4% in Q1 2019

U.S economic activity expands, labor markets remains tight : Fed Beige Book

Federal Reserve has released its 'The Beige Book' which is a Federal Reserve System publication about current economic conditions across the 12...
us multifamily industry

US multifamily industry remained strong in 2018, NMHC 50 shows

U.S multifamily industry remained strong last year, according to the National Multifamily Housing Council's (NMHC) newly released 2019 NMHC 50—the definitive ranking...