CPE’s Top 5 Posts in May
Miss any of our articles? Catch up with five of our most popular posts for the month.
Grocery Industry to Change Look of Retail Real Estate
Grocery store interior. Image via Pixabay
CBRE forecasts a transformation that will impact the size of grocery owners’ portfolios and the design of the stores themselves.
When Hotels Meet Short-Term Home Rentals
Marriott is entering the growing home-sharing business by offering bookings at 2,000 high-end locations. Meanwhile, Airbnb and RXR Realty are teaming up on hotel-like apartment rentals in Manhattan.
Nightingale Properties to Buy Coca-Cola Building for $907M
The soft drink giant put the Manhattan property up for sale late last year, enlisting Cushman & Wakefield to market the historic asset.
Starwood Capital to Launch 1st Opportunity Zone Project
The private investment giant is joining developer AB Capstone to build the mixed-use development in the South Bronx. Anchored by a charter school, the 147,000-square-foot project is Starwood Capital’s first deal in the company’s new Opportunity Zone investment program.
World’s Tallest Modular Hotel Advances in NYC With $65M Loan
The 168-key AC Hotel New York NoMad, a Marriott-branded asset, is set to open in Manhattan in late 2020, with stacking slated to begin this fall.
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