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January 23, 2023

New-To-Atlanta Developer To Construct Marriott-Branded Hotel By Centennial Olympic Park

Hospital Locations: Hear About The Future Impact Of The Shift From Urban Centers To Suburban Sites March 30

A Texas developer is quietly preparing to start work on a new Downtown Atlanta hotel around Centennial Olympic Park.

New-To-Atlanta Developer To Construct Marriott-Branded Hotel By Centennial Olympic Park

Houston-based High End Investment filed an application with the city of Atlanta to build a 188-room Residence Inn by Marriott at 355 Centennial Olympic Park, next door to the Generation Atlanta apartments. High End filed to…

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Top Stories on Bisnow.com

$175B Of Real Estate Debt Is Already In Distress $175B Of Real Estate Debt Is Already In Distress
KBS REITs Default On Loan For Portland Office, Suspend Redemptions KBS REITs Default On Loan For Portland Office, Suspend Redemptions
'Broadening Contagion': KKR Limits Withdrawals From Its Nontraded REIT 'Broadening Contagion': KKR Limits Withdrawals From Its Nontraded REIT
ChatGPT Is Already Affecting How Real Estate Business Is Done ChatGPT Is Already Affecting How Real Estate Business Is Done
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This Week's Atlanta Deal Sheet: Perimeter Summit Sells For $278M

A San Francisco-based real estate investor with holdings in Dublin, New York, Chicago and Montreal has picked up a three-tower office complex in Central Perimeter for $247.5M.

This Week's Atlanta Deal Sheet: Perimeter Summit Sells For $278M

Spear Street Capital bought 1001, 2002 and 4004 Summit Blvd., encompassing 1.25M SF in a complex called Perimeter Summit, in one of the larger office transactions in recent years. The property, off Ashford-Dunwoody Road overlooking Interstate 285, is home to a dozen tenants, including Beazer Homes, Rooms To Go,

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Newport Adding First Residential Building To Massive South Downtown Vision

Newport Adding First Residential Building To Massive South Downtown Vision  

Newport RE is getting started on an 18-story apartment tower that will rise above its vast street-level property empire in South Downtown Atlanta. The German real estate investment firm filed an application last week with the city of Atlanta to begin groundwork on a 13-story apartment tower over a five-level parking garage, a big next…

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In Case You Missed It...

Who's Buying Old Offices? Bargain Hunters Who Have Been 'Waiting For This Day' Who's Buying Old Offices? Bargain Hunters Who Have Been 'Waiting For This Day'
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Atlanta Led The Nation In Key Office Metric To End 2022 Atlanta Led The Nation In Key Office Metric To End 2022
Master Mind Building To Be Torn Down, Replaced With 17-Story Tower In New Plans Master Mind Building To Be Torn Down, Replaced With 17-Story Tower In New Plans
 
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A 'Tremendous Infusion' Of Federal Funding Is Creating New Real Estate Opportunities In Appalachia

A 'Tremendous Infusion' Of Federal Funding Is Creating New Real Estate Opportunities In Appalachia  

A surge of investment from the federal government and nonprofits has begun to spark new private sector interest in the Appalachian region, an often-overlooked part of the country that has for years suffered from population decline and poverty as the nation shifted away from coal mining. 

With hundreds of millions of dollars coming in to fund infrastructure projects, small businesses and rehabilitations of old buildings — plus a renewed appeal for living in the area from remote workers who enjoy outdoor recreation — economic development officials say they are optimistic about the growth of Appalachia. 

This investment and growth is creating new opportunities for real estate development, especially in areas designated as opportunity zones where investors can receive tax breaks for their projects.  In 2021, the federally funded Appalachian Regional Commission deployed $449M toward 465 projects, and it leveraged an additional $1B in…

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Fifth Wall Launches Fund Aimed At Decarbonizing CRE

Fifth Wall Launches Fund Aimed At Decarbonizing CRE  

Fifth Wall, a venture capital firm that specializes in proptech investment, is opening its latest fund to financing physical assets that forward the goal of decarbonizing real estate. The fund will undertake decarbonizing investments in a number of ways, including…

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