Midwest

"The newly announced Amazon HQ2 markets certainly qualify as being in the path of progress."

Hilton's first tri-branded property is the most recent completion in what is quickly one of the hottest submarkets whose evolution is supporting both new development and giving new life to some historic structures.

The acquisition of ABC is accretive to earnings and part of a plan to consolidate the building products distribution sector on a national scale, says Timothy Meyer, a co-founder and managing partner of Angeles Equity Partners.

The East Park SRO renovations were funded through a mix of equity from federal low-income housing tax credits, a grant from the Federal Home Loan Bank of Chicago and debt financing from the Illinois Housing Development Authority.

The growth is accelerated by an aging American population and improving technology.

VICI is acquiring a market-leading property, and leasing it out at an effective 7.9% cap rate to Penn National Gaming.

The Westchester County, NY-based firm reports that Argent Ventures of New York City will open a 20,000-square-foot location on two floors at Westchester One in Downtown White Plains in the second quarter of 2019.

The real estate investment and development company estimated net proceeds from the pending offering to be approximately $988.1 million.