Courtesy of White Lodging The Austin Marriott Downtown, which White Lodging opened in 2021. White Lodging is moving forward with its plan to entirely offload its assets in suburban markets. The Indiana-based company, which owns, develops and manages hotels across…
A program funded by the construction industry is taking aim at its longstanding, pandemic-exacerbated labor shortage. BuildStrong Academy, a workforce development nonprofit funded by the construction industry, has rolled out plans to expand nationally, with a goal of training 1 million new trade workers…
Data center developer Flexential is planning to dramatically expand its data center footprint with new construction in the coming years, and it is kicking off the push with a big project in the Atlanta market. Courtesy of Flexential A rendering of the data center Flexential is building…
Besides making hybrid work schedules into the new reality for U.S. office properties, the coronavirus pandemic is helping spur the partial decentralization of the tech industry away from its traditional coastal cities, according to a new report by The Brookings…
Bisnow/Shai Dolev Chapman Taylor’s Michael Swiszczowski, Moda Family Homes’ Chris Procter, IMMO Capital’s Samantha Kempe, UKAA’s Lesley Roberts and Chapman Taylor’s Catalina Ionita The UK single-family rental sector is fast convincing real estate investors of its benefits. If it can…
The desks of yore are dying. For centuries, they were hulking pieces of furniture, a reflection of the needs of their owners to write letters, balance ledgers or intimidate subordinates. As technology permeated the modern workplace, they were crammed into increasingly shrinking cubicles…
Courtesy of Franklin Street Franklin Street has appointed Matthew Harrell as CEO. The founder and chief executive of Tampa-based Franklin Street is passing the leadership baton to one of his executives as the full-service commercial real estate brokerage plans further expansion…
One of the biggest names in real estate investment is leading the pack as investors follow job growth and population migration to the Sun Belt. Blackstone Real Estate Income Trust has struck a deal to acquire Preferred Apartment Communities for $5.8B…
Bisnow/Dees Stribling Austin, which is among the U.S. real estate markets attracting foreign investor interest. Foreign investors have returned in force to buy U.S. commercial real estate, acquiring $70.8B worth of assets in 2021, according to Real Capital Analytics data,…
Orlando-based SeaWorld Entertainment Inc. has made an unsolicited offer to buy theme park operator Cedar Fair for $3.4B, according to Bloomberg. If the deal goes through between the two publicly traded companies, SeaWorld could add 13 theme parks and thousands of acres…
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