FireSky Resort's Redesign
Celebrates Its Nostalgic Feel
Classic Hotels & Resorts has big plans for Scottsdale's FireSky Resort & Spa. We spoke with John Grossman, president of Grossman Company Properties, Classic's parent company, for all the details. John will be speaking at our Phoenix Retail and Hospitality summit on July 27.
Classic acquired the property in February and plans to completely renovate all public spaces (rendering below) and redesign each guest room, working with architecture firm AvroKO. FireSky is even getting seven new suites.
“We've been in the marketplace for over 50…
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Retail Center Near ASU Sells For $2M
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The Rise Of RealtyShares
It takes a lot for a company like RealtyShares to get off the ground. The idea behind the startup is simple: you use the internet to frictionlessly match up people looking to invest in real estate with people who have credible development projects. The execution, however, takes monumental effort. We hear the word crowdfunding thrown about, but when you're dealing with the kind of transactions the company facilitates, the tricky part is navigating securities law and a host of regulations. It isn't easy, but if you can do it, the reward is a total market of more than $400B.
To learn more about the journey from startup idea to becoming a working company with satisfied customers, Bisnow spoke with RealtyShares founder and CEO Nav Athwal (standing in the office with Marissa Seto, Sidney Chapman and Melanie Fellay) and key members of his team for the story behind the…
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Jeff Koerperick To Oversee Vestar's Portfolio
Vestar announced this week that Jeff Koerperick will be assuming the role of asset manager, overseeing the company's portfolio of assets owned through JVs. Previously, he served as Spirit Capital Realty's VP of asset management, supervising a $2.5B portfolio. A…
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Everything You Need To Know About The New Real Estate Sector Coming To The Global Market In September
Real estate companies—such as equity REITs and real estate development/management companies— will soon break out into their own sector on the Global Industry Classification Standard (GICS), separating from the financials sector with banks and insurance companies they've been coupled with for so long.
We chatted with NAREIT and other experts to get you all you need to know about the new sector and how it will affect the industry as a whole.
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Ralph Lauren Closures Have Not Put Landlords' $1.44B CMBS Loans At Risk
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The Simple Trick To Leasing Space Faster
Leasing commercial real estate is about showing the client the potential that a space possesses. You can present a raw space empty.
If you're feeling ambitious, you can spend a bunch of time, money and other resources on another broker…
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