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NEW YORK CITY and LOS ANGELES—The three-way merger of equals among Colony Capital and two NorthStar companies will lift Colony Financial into “the highest echelon of equity REITs,” future executive chairman Thomas Barrack said Friday.
NEW YORK CITY—The partnership has picked up a 246,000-square-foot warehouse in the popular section of Queens, boosting its portfolio following its 2016 purchase of a similar, larger property just one block away.
ATLANTA—“Although the outlook for the hotel industry is positive over the next several years, we're seeing more motivated owners selling both non-core and assets requiring significant capital reinvestment…”
IRVINE, CA—There is a bright future for industrial real estate in general, but the Bendetti Co. likes Reno especially for its opportunity for NOI growth, Jared Christensen tells GlobeSt.com in this <b>EXCLUSIVE</b> interview.
IRVINE, CA—The programs can make a difference for the down payment as well as the affordability of monthly house payments, providing solutions for buyers who otherwise wouldn't make the leap, RealtyTrac's Daren Blomquist tells GlobeSt.com <b>EXCLUSIVELY</b>.
CHICAGO—There is a tremendous appetite among developers and investors to launch new industrial projects in suburbs like Wheeling, but it is tough to assemble the necessary land.
LOS ANGELES—Asset Avenue launches a 30-year loan product in response to increasing demand from flip-and-fix investors to hold onto assets for longer terms.
SAN DIEGO—Guests are looking for a unique and personalized experience; they want to decide how they travel and 'hotel,' and they want to be social and share their experiences, Hilton's Mark Ziomek tells GlobeSt.com <b>EXCLUSIVELY</b>.
Landlords and tenants want to continue expanding their technology capabilities where it deals with communicating with customers or communicating with each other and using 21st century technology tools is paramount, says one source in this <b>EXCLUSIVE</b> article.