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U.S. cap rates remain stable

by Released | Jul 23, 2019

U.S. cap rates remained broadly stable in first half 2019, reported CBRE Americas Research.

NexPoint Hospitality Trust to acquire Condor Hospitality Trust

by Released | Jul 23, 2019

NexPoint Hospitality Trust (NHT) has announced the execution of a definitive agreement, under which NHT’s operating partnership, NHT Operating Partnership, will acquire all of the outstanding equity interests of Condor and its operating partnership by merger.

Kohlberg & Co. weighs $1b hospitality sale

by Released | Jul 23, 2019

Kohlberg & Co. has hired advisers to explore a potential sale of Interstate Hotels & Resorts that could value the hotel management company at about $1 billion.

WPC to develop 700-unit apartment in Tysons, Va.

by Released | Jul 23, 2019

Washington Property Co. (WPC) has acquired a 5.2-acre parcel of land in the heart of rapidly redeveloping Tysons, Va., with plans to develop approximately 700 new rental apartments under its well-known Solaire brand.

Two L.A. apartment buildings sell for $403m

by Released | Jul 19, 2019

Holland Partner Group has sold a pair of multifamily towers in Downtown Los Angeles’ Fashion District neighborhood for a combined $403 million, reported The Real Deal.

$1b redevelopment breaks ground in Baltimore

by Released | Jul 19, 2019

The Housing Authority of Baltimore City has broken ground on a 244-acre, nine-phase, $1 billion redevelopment known as the Perkins-Somerset-Oldtown Transformation Plan.

Global real estate investments continue to rise

by Released | Jul 19, 2019

The size of the professionally managed global real estate investment market rose by 4.7 percent from $8.5 trillion in 2017 to $8.9 trillion in 2018, according to a report from MSCI.
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