That three-letter acronym many hotel owners loathe to hear, PIP, or property improvement plan, has come out of hibernation. With the net operating income of the average U.S. hotel expected to rise 10.9% this year, according to PKF Hospitality...
Benchmark Senior Living, New England’s largest assisted living provider, has signed a definitive agreement to form an $890 million partnership with Health Care REIT (NYSE: HCN). The partnership will include 34 Benchmark senior housing communities...
The success of a business model often depends on current economic conditions. Take, for example, Erickson Retirement Communities of Catonsville, Md. The company built a number of large-scale continuing care projects when capital was readily...
As leasing activity in the retail sector appears to gradually gain momentum, some supermarket chains have recognized this as the perfect time for expansion. The recession took a toll on some traditional grocers, including Winn-Dixie and Albertsons...
While retailers’ requests for rent concessions have subsided considerably in recent months, they continue to pay close attention to their leases in an effort to cut costs, industry sources say. One area that holds savings potential is common area...
Health Care REIT, Merrill Gardens form $817 million joint venture to capitalize on new REIT structure.
Expanding retailers want to know as much as they can about retail centers before signing leases, but they’re finding that landlords are being less than forthcoming when it comes to a specific piece of data: foot traffic counts...
Instead, the home improvement giant is squeezing value from existing stores.
For much of 2009, hhgregg Inc., an Indianapolis-based regional electronics big-box chain, occupied a rare corner of the retail universe: It was a retailer that actually grew its store base...
