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The total market value of hotels sold for conversion over the next five years will range between $25 and $30 billion.
There is an increase in purchasing properties for marijuana-related businesses instead of leasing.
The disposition continues the company's simplification strategy.
Al. Neyer is one firm that is launching a real estate investment fund for its own projects.
The spring season of 2021 has sparked optimism in the overall economy and hospitality industry as compared to this time last year.
The 338-unit Soleste Twenty2 stabilized during the pandemic and is now 95% leased.
The climate push could impact more than just buildings.
Many lenders are still delaying hard decisions.
Have predictions of an overvalued sector come to pass?
Rising material prices could hamper recovery.