Newmark Group Inc. (NASDAQ: NMRK) announced that it arranged the $153.5 million sale of Aon Center, a 62-story trophy Class A office tower located in the Los Angeles’ Financial District. The property was acquired by Carolwood Equities while the seller was undisclosed....
While the repeated threats by Chinese President Xi Jinping to reunify his country with Taiwan continues to create political tensions across the Asia Pacific region, the tough talk out of Beijing is having no impact on Taiwan’s commercial property sector. According to...
Richmond, Virginia-based Apple Hospitality REIT Inc. (NYSE: APLE) announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million, or $251,000 per key. The SpringHill Suites Las Vegas Convention center...
Toronto-headquartered Four Seasons Hotels and Resorts is teaming with Hong Kong’s Fungseng Prosperity Holdings Ltd. for the creation of new hotel in Shanghai. The 44-story Four Seasons Hotel Shanghai will offer 60 luxuriously appointed rooms and suites within the...
Tempus Realty Partners, an Arkansas-based real estate investment partnership, announced the $5.2 million sale of the last property in its Portfolio 1. The 20,036-square-foot building in North Davidson, North Carolina, was acquired by Tempus in 2019 for $2.4 million...
Mortgage Equity Hits $17.5 Trillion as Servicers Lose Cash-Out Borrowers
