Hotel Sale-Leaseback Deals
Storm America's Shores
U.S. hotel operators looking to free up more capital are embracing a common European hospitality practice to do so: sale-leaseback deals.
“Hoteliers are finding that maybe these Europeans have a great model that can work here,” Horwath HTL Managing Director Andrew Cohen said. “Why do I need to own a building if I can just pay a rent check?”
Many of the world's largest hotel brands do not own most of their real estate. Traditionally, when setting out to enter the hotel business, hotel developers will own the building and enter a franchise arrangement with a hotel brand to…
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Colliers U.S. Brokerage President Gives His Outlook For CRE
Colliers International President of U.S. Brokerage Marty Pupil has seen the ups and downs of the industry. While he sees challenges ahead in areas such as recruitment, he also sees a lot of opportunity arising through technology and retail disruption.
Pupil has been with the brokerage for 14 years. He previously ran the firm's Montreal office then ran the LA office before taking over the entire West Coast operations. He was named to his current position at the end of last…
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Large Deals Drive Modest Increase In Office, Industrial Net Lease Sales
Net lease sales volumes remained stable in the first half of 2017.
Despite a decline in the number of deals that have closed compared to the same period in 2016, the size of these transactions — more than a handful of which were $250M and up — have driven modest increases in office and industrial assets this year, JLL reports.
While deal count is down 18.7%, net lease sales volumes have jumped an average of 4.7% since last year.
Still the weak link in the industry right now, the retail sector did not experience positive gains during the first half. Limited opportunities have led…
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The Next Step In Sustainable Office Design: Bringing Nature Indoors
Bringing more outdoor elements from nature into the office could be the next step in sustainable design geared toward improving employee health and happiness, in addition to energy efficiency.
Research shows that incorporating biophilic design, a method of bringing the outdoors inside a building, can reduce stress levels, lead to fewer sick days and increase employee productivity, Architecture and Design reports.
Sustainable design strategies have become more popular among architects recently,…
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Practice Makes Perfect: 6 New Sports Training Facilities Opening Across The Country
While they do not always generate as much buzz, practice facilities are a vital component for sports franchises. Both in college and in the pros, these facilities draw tens of thousand of fans to the stadium for game day. No matter the sport nor the region, teams are building shiny new practice complexes that also feature retail, office, hotel and wellness components.
Here are six big new practice facilities across the country that have opened in the last year or are under development.
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