DiamondRock Buys Hotel Portfolio from Blackstone in $495M Deal

The portfolio includes properties in Boston, Washington D.C., Burlington, Va. and San Diego. National Real Estate Investor
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Shares ease from rally, euro pressured ahead of ECB

TOKYO (Reuters) – A rally in Asian shares fizzled out on Thursday as markets marked time before the European Central Bank's policy decision later in the day, with the euro staying pressured by widespread expectations of a rate cut to support fragile euro zone growth. The sa
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Colliers Parent Opting Out from its Largest REO Services Contract

Colliers International parent FirstService Corp. has decided to transition out of a large property services agreement with a U.S. government-sponsored entity to manage a portfolio of foreclosed residential properties. The agreement, initially awarded in 2008 to FirstServices’ Fi
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Wall Street tumbles as little expected from summit

NEW YORK (Reuters) – Stocks fell on Monday, erasing the S&P 500 index's gains for June so far, as investors saw few reasons to buy before a European Union summit this week. Energy and bank stocks led the decline on the S&P 500. U.S. crude futures dropped near last w
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GREEN LEAD | Sustainable Building News from CoStar

GREEN LEAD is a CoStar News column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movem
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Cresa Promotes From Within

Cresa has promoted Matthew Cheezem to vice president and Luciana Carvalho to senior advisor in its Miami, Florida office. Cheezem joined Cresa in January 2011 and has participated in the completion of assignments for a wide variety of clients, including corporations and professional s
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Private Equity Group Buys Sunrise Office Bldg. from Bank

A local private equity group acquired Atrium West, a two-story office building at 7771 W Oakland Park Blvd in Sunrise, FL, from Wells Fargo for $ 4.8 million or about $ 51.79 per square foot. Constructed in 1983, the 92,689 square-foot suburban office building occupies the northeast c
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GREEN LEAD | Green Building News from CoStar

GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in
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GREEN LEAD | Green Building News from CoStar

GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in
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Commercial and Retail Property Managers – Protect Your Tenants From Other Agents

With higher than normal vacancy factors in the commercial and retail property market, it is paramount that you protect your tenants in your tenancy mix from ‘poaching’ by other agents. Landlords and Property Managers should develop sound strategy around a tenant retention
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