Crain's Cleveland Business ORG Real Property, a Beachwood, Ohio, real estate firm has tapped CB Richard Ellis Asset Services to manage and lease its 1.5 million-square-foot commercial portfolio. Previously, ORG was managing its own properties but has decided to shift ...
Cincinnati Enquirer Corporex Cos. has outsourced its leasing and property-management operations to two regional commercial real estate firms. The Covington, Ky., property-management firm oversees about 2.5 million square feet of commercial properties in the Cincinnati area, including the RiverCenter complex ...
GE Healthcare Financial Services has agreed to buy 186 skilled-nursing facilities with more than 21,000 beds in transactions valued at $1.4 billion.The GE unit is buying the properties, in six portfolios, from Formation Capital LLC of Alpharetta, Ga. The properties ...
The Baltimore SunBank of America is looking to sell a majority stake in the recently completed Centerpoint apartment property in Baltimore. The property, which runs a full city block at Howard and Fayette streets, consists of groundfloor retail space and ...
Boston HeraldHilton Hotels has taken over the management of the former Wyndham Hotel on Broad Street in Boston's Financial District. The property was acquired last year by Columbia Sussex Corp. The 362-room hotel will be getting a $15 million facelift ...
Argus Realty Investors has sold the leasehold interest in Heritage Corporate Center, a 720,301-square-foot business park in Santa Fe Springs, Calif., for $84.2 million.The property was sold to Legacy Partners, a Foster City, Calif., investment firm.Argus, of San Clemente, Calif., ...
The Washington TimesLoews is making a comeback in the Washington hotel market. The chain has been tapped to manage the boutique Madison hotel at 15th and M streets in the northwest D.C area. The contract allows for extensions up to 25 ...
New York PostHelmsley-Spear can continue to serve as leasing agent for New York City's Empire State Building and four other properties, the state's highest court ruled yesterday. The Court of Appeals upheld a 2000 arbitration award in favor of Helmsley-Spear. ...
Houston ChronicleThe Lancaster Hotel, a historic boutique hotel in downtown Houston, is starting off the year under new management with the Valencia Group. Bayou Equities had operated the hotel since 1982, but its lease expired at midnight on Dec. 31. ...
Hilton Hotels Corp. is expected to announce that it will take over management of the Wyndham Anatole hotel in Dallas.
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