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Starwood Capital Group Acquires 10-Hotel Portfolio in Central London

Starwood Capital Group Acquires 10-Hotel Portfolio in Central London

by Phil Hall | Jan 12, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Starwood Capital Group, a global private investment firm with a focus on real estate, has acquired a portfolio of 10 hotels with 2,053 rooms in Central London from Edwardian Group for an undisclosed sum via an off-market transaction. Edwardian Group will continue to...
TransUnion Debuts Property Insights Tool

TransUnion Debuts Property Insights Tool

by Phil Hall | Jan 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

TransUnion (NYSE: TRU) is now offering TruVision Consumer Property Insights for Portfolio Management, a new tool designed to protect lenders and borrowers from the potential risks associated with property value fluctuations. According to the Chicago-headquartered...
Transwestern Hospitality Group Acquires Houston’s Hotel Granduca

Transwestern Hospitality Group Acquires Houston’s Hotel Granduca

by Phil Hall | Jan 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Transwestern Hospitality Group (THG) announced it has acquired Hotel Granduca, a 122-key luxury hospitality property in Houston, from Leading Hotels of the World Ltd. for an undisclosed price. THG partners Tyler Lavin and Thomas Duncan, supported by...
New Managing Partner at Walker & Dunlop

New Managing Partner at Walker & Dunlop

by Phil Hall | Jan 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory services firm, has expanded its Carolinas Investment Sales team with the addition of Michael Saclarides and managing director. In his new role,...
Mortgage Rates Hold Steady in the Mid-6% Range

Mortgage Rates Hold Steady in the Mid-6% Range

by Phil Hall | Jan 11, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates remained at the mid-6% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of Jan. 11, slightly up from last week when it averaged 6.62%. A year ago at this time, it...
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