Don't see images? Click Here SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
September 1, 2021

After Selling Billions In Apartments, RADCO Is Jumping Into Hotels

A prolific Southeastern multifamily investor and operator, RADCO Cos. has taken advantage of the demand for apartments and sold $3B of its portfolio since 2019. Now RADCO is pivoting to an asset class with a lot less stability: hotels.

After Selling Billions In Apartments, RADCO Is Jumping Into Hotels

RADCO purchased the DoubleTree by Hilton Atlanta hotel in Roswell for $13.75M from an unidentified real estate fund. Constructed in 1985, the DoubleTree is seven stories and has 174 rooms, 7,800 SF of meeting space, a restaurant and bar, and an outdoor pool.RADCO CEO Norman Radow said the hotel sector,…

Read the full story here.

  Share:  
 
Perforation

Top Stories on Bisnow.com

Monmouth Shareholders Reject Takeover Offer From Zell's Equity Commonwealth Monmouth Shareholders Reject Takeover Offer From Zell's Equity Commonwealth
New JVs See Overseas Investors Pouring Billions Into U.S. Industrial Deals New JVs See Overseas Investors Pouring Billions Into U.S. Industrial Deals
More Than Half Of Employers Anticipate Instituting A Vaccine Mandate This Year More Than Half Of Employers Anticipate Instituting A Vaccine Mandate This Year
REIT Invests Hundreds Of Millions In Luxury Trailers Used By Hollywood A-Listers REIT Invests Hundreds Of Millions In Luxury Trailers Used By Hollywood A-Listers
Perforation

Malls Injecting Medical Tenants Into Vacant Spaces In Hunt For Foot Traffic

Mall owners are turning to doctors to stem the bleeding at their struggling retail centers. 

Malls Injecting Medical Tenants Into Vacant Spaces In Hunt For Foot Traffic

Landlords are increasingly signing medical and dental tenants to fill their vacant retail spaces, capitalizing on their creditworthiness and willingness to ink long-term leases. The health systems taking the space are eager for locations more convenient for their customer base, pushing into real estate that had long been out of…

Read the full story here.

  Share:  

 
Perforation

Delta Spike Brings Bumps For Business Travel And Big Implications For CRE

 

With a new variant to contend with, and different attitudes across the board, working out the way forward when it comes to face-to-face meetings and traveling to see clients or colleagues is a tough job right now. 

CBRE Senior Vice President of Capital Markets and Investment Properties Karly Iacono said divining current meeting etiquette has become a new challenge. The same client might have been comfortable with meeting in their office a month ago, and now, within a few weeks, might be asking visitors to bring a vaccine card or questioning whether it’s OK to meet in person at all. 

“It’s the nature of where we are, things are in flux,” she said. And that has a big impact on business travel, in-person meetings with clients and networking events.

Read the full story here.

Perforation

In Case You Missed It...

The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System The ‘Catch-22’ That Holds HBCUs Back From Being A CRE Feeder System
Toyota's Credit Arm Expanding In Alpharetta Toyota's Credit Arm Expanding In Alpharetta
EXCLUSIVE: Shopify To Open First U.S. Distribution Center In Georgia EXCLUSIVE: Shopify To Open First U.S. Distribution Center In Georgia
Bitcoin Miner Drills Into New Norcross Digs Bitcoin Miner Drills Into New Norcross Digs
 
 
 
 
About
   
Contact
   
Sponsor
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
Unsubscribe from this
   
Unsubscribe from All
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 51121