KKR purchased The District at Scottsdale, a 332-unit property built in 2019. Since October, KKR Property Partners Americas LP bought luxury multifamily in Atlanta, Austin, Charlotte, Boston and Brooklyn.
Revenue per available room was up 5.7 percent last week compared to the same period in 2019.
Supermarket News released its latest ranking of the top 50 retailers by store count. A record number of Americans have been quitting their jobs in recent months, reports Insider. These are among today’s must reads from around the commercial real...
A survey of 13,000 job seekers found former hospitality employees wanted high pay, a less physically demanding workplace and better benefits.
Authentic Brands Group is filing for an IPO, report The Wall Street Journal. Downtown office districts were in a precarious position even before COVID-19 arrived, according to The New York Times. These are among today’s must reads from around the...
Early leads in the cause of the collapse show the cost of maintaining older buildings against the effects of the rising sea.
Hilco Global and Gordon Brothers are now running sales of last season’s extra goods under their own nameplate.
Demand for new CRE loans has revived as construction picks up, debt matures and low interest rates spur refinancing on favorable terms.
Native American tribes are investing in land development as they try to diversify their revenue base, reports The New York Times. MarketWatch looks at cities with the highest share of homeowners at risk of foreclosure. These are among today’s must...
The deal brings the value of Host Hotels’ recent acquisitions to $1 billion and signals that lodging investors think the industry has turned the corner.