by | Oct 17, 2024 | Hotel
New York City Mayor Eric Adams and the Future of Fifth Partnership on Thursday unveiled plans to transform Fifth Avenue between Bryant Park and Central Park into a pedestrian-centered boulevard. The proposed design expands sidewalks by 46%, shortens crosswalks for...
by | Oct 17, 2024 | Hotel
Concord Summit Capital (“Concord Summit”) arranged a $24.5 million construction loan to finance demolition, abatement and infrastructure entitlements for the redevelopment of the Metrocenter Mall located in Phoenix. Metrocenter is poised for a dramatic transformation...
by | Oct 17, 2024 | Hotel
The redevelopment and expansion of the International Swimming Hall of Fame in Fort Lauderdale is set to move forward after the developer secured a $54.4 million construction loan. MACQ Holdings provided the mortgage to Capital Group P3 Developments that matures June...
by | Oct 16, 2024 | Hotel
Golf VX, a manufacturer and franchisor of technology-driven golf simulators, plans to open its inaugural Golf VX flagship venue in the Chicago suburb of Arlington Heights. The Golf VX brand launch kicked off at the 2024 Orlando PGA Show with a live demonstration of...
by | Oct 16, 2024 | Hotel
Marcus & Millichap published its Midyear 2024 Austin Hospitality Market Report. “Austin’s hotel market continues to show resilience despite recent supply pressures, maintaining one of the highest occupancy rates in Texas,” stated Marcus &...
by | Oct 16, 2024 | Hotel
MG Developer acquired two waterfront parcels totaling 42,750 square feet in North Bay Village to launch a new mixed-use development. Located at 1681 & 1725 Kennedy Causeway, MG Developer acquired the properties for $30.9 million in a partnership with Prosper...