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Marriott International Announces 100th Property in Japan

Marriott International Announces 100th Property in Japan

by Phil Hall | Nov 18, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Marriott International Inc. (NASDAQ: MAR) announced the opening of its 100th property in Japan with the debut of the Four Points Flex by Sheraton Osaka Umeda. The new property also marks the first offering of the Four Points Flex by Sheraton brand in the Asia Pacific...
Hits and Misses for the Real Estate Week of Nov. 11-15

Hits and Misses for the Real Estate Week of Nov. 11-15

by Phil Hall | Nov 15, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 11-15. Hit: Let’s Not Go, Brandon. Praise goes this...
CBRE Forecasts Stronger Hotel Industry Performance in Q4

CBRE Forecasts Stronger Hotel Industry Performance in Q4

by Phil Hall | Nov 15, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new forecast from CBRE (NYSE: CBRE) is predicting a greater vibrancy for the US hotel industry in the fourth quarter following a subdued third quarter. CBRE is predicting a 0.5% increase in revenue per available room (RevPAR) growth for 2024, down from the...
New Proposal Envisions $1 Billion Redevelopment of Astrodome

New Proposal Envisions $1 Billion Redevelopment of Astrodome

by Phil Hall | Nov 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Houston’s Astrodome, the world’s first domed sports stadium which has been closed since 2009, is the subject of proposed $1 billion redevelopment project. According to combined media reports, the nonprofit Astrodome Conservancy which seeks to preserve the historic...
Miami Real Estate Broker Ordered to Jail for Boat Crash Death

Miami Real Estate Broker Ordered to Jail for Boat Crash Death

by Phil Hall | Nov 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A prominent Miami commercial real estate broker charged with vessel homicide in a 2022 boat crash that killed a teenage passenger has been ordered by a Miami-Dade judge to report to jail. WSVN reported George Pino, president of State Street Realty, will need to turn...
Advan Research Corp. Acquires Real Estate Intelligence from RetailStat

Advan Research Corp. Acquires Real Estate Intelligence from RetailStat

by Phil Hall | Nov 14, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Advan Research Corp., a provider of foot traffic and transaction data analytics in the financial, real estate and retail industries, announced its acquisition of Real Estate Intelligence (REI) from RetailStat, a retailer health data and analytics company. REI is the...
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