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In Mixed Period for Hotel Sector, Procaccianti Launching REIT

Rhode Island-based Procaccianti Cos., owner of TPG Hotels & Resorts, is forming a new nontraded REIT to expand its hotel investments. The move comes at a time when lodging REITs have fallen a bit out of favor with investors, even as hotels...

In Mixed Period for Hotel Sector, Procaccianti Launching REIT

Rhode Island-based Procaccianti Cos., owner of TPG Hotels & Resorts, is forming a new nontraded REIT to expand its hotel investments. The move comes at a time when lodging REITs have fallen a bit out of favor with investors, even as hotels...

CRE Industry’s Favored Tax Code Treatments Facing Uncertain Future in Congress

The commercial real estate industry’s chief lobbying group Tuesday urged lawmakers to take a measured approach in deciding on changes to how commercial property and other corporate assets are taxed, cautioning that the elimination of the...

CRE Industry’s Favored Tax Code Treatments Facing Uncertain Future in Congress

The commercial real estate industry’s chief lobbying group Tuesday urged lawmakers to take a measured approach in deciding on changes to how commercial property and other corporate assets are taxed, cautioning that the elimination of the...

Facebook Takes 436,000 SF in San Francisco’s Largest Office Lease Since 2014

Facebook, Inc. has leased all 436,000 square feet of office space at developer Jay Paul’s 181 Fremont St., a 70-story office tower under construction in downtown San Francisco across from the Transbay Transit Center. The social media giant...

Facebook Takes 436,000 SF in San Francisco’s Largest Office Lease Since 2014

Facebook, Inc. has leased all 436,000 square feet of office space at developer Jay Paul’s 181 Fremont St., a 70-story office tower under construction in downtown San Francisco across from the Transbay Transit Center. The social media giant...

Detroit Billionaire Unveils $2.1B Plan for ‘Transformational’ Motor City Downtown Developments

Quicken Loans founder, Cleveland Cavaliers owner and real estate investor Dan Gilbert this week announced details of his plans for a quartet of projects in downtown Detroit aimed at rebuilding the CBD of the Midwest’s second-largest city...

Detroit Billionaire Unveils $2.1B Plan for ‘Transformational’ Motor City Downtown Developments

Quicken Loans founder, Cleveland Cavaliers owner and real estate investor Dan Gilbert this week announced details of his plans for a quartet of projects in downtown Detroit aimed at rebuilding the CBD of the Midwest’s second-largest city...

Ally Financial to Combine Operations in New Charlotte Office Tower

Crescent Communities will start construction early next year on a long-planned, 26-story office tower at 601 S. Tryon St. in Charlotte after signing Ally Financial Inc. (NYSE: ALLY) to a lease covering approximately 400,000 square feet in the...

Ally Financial to Combine Operations in New Charlotte Office Tower

Crescent Communities will start construction early next year on a long-planned, 26-story office tower at 601 S. Tryon St. in Charlotte after signing Ally Financial Inc. (NYSE: ALLY) to a lease covering approximately 400,000 square feet in the...