Mark Heschmeyer

1 week ago | costar.com | Mark Heschmeyer

Two of the largest resorts in Hawaii are set for refinancings through the securitized debt market totaling more than $1.3 billion in loans. Private equity giant Blackstone lined up a $1 billion loan to refinance its Grand Wailea, a full-service luxury hotel with 795 guest rooms on the island of Maui. Meanwhile, Atrium Hospitality completed a $340 million refinance of its Waikiki Beach Marriott Resort & Spa, the third-largest hotel in Hawaii.

1 week ago | costar.com | Mark Heschmeyer

Two of the largest resorts in Hawaii are set for refinancings through the securitized debt market totaling more than $1.3 billion in loans. Private equity giant Blackstone lined up a $1 billion loan to refinance its Grand Wailea, a full-service luxury hotel with 795 guest rooms on the island of Maui. Meanwhile, Atrium Hospitality completed a $340 million refinance of its Waikiki Beach Marriott Resort & Spa, the third-largest hotel in Hawaii.

1 week ago | costar.com | Mark Heschmeyer

U.S. multifamily construction starts dropped sharply in May as the industry copes with economic and tariff uncertainty, as well as elevated interest rates. Even so, permits rose, offering the sector what one trade group considers a positive sign. Apartment starts were down 30% from April, according to monthly data released by the U.S. Census Bureau. The May start rate for units in buildings with five or more units was 316,000 — the lowest since November's 266,000.

1 week ago | costar.com | Mark Heschmeyer

J.P. Morgan Real Estate Income Trust, sponsored by a subsidiary of banking giant JPMorgan Chase, is expanding its holdings of multifamily and industrial properties while it begins to eye new property types, including office buildings. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers. Sign Up For a Demo To Learn More. Explore CoStarAlready A Subscriber?

1 week ago | costar.com | Mark Heschmeyer

Eagle + West, a 745-unit multifamily housing complex in Brooklyn, New York, known for its distinctive stacked silhouette, has landed a $486 million refinancing. Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success. This news story is available exclusively to CoStar subscribers. Sign Up For a Demo To Learn More. Explore CoStarAlready A Subscriber? Sign InHave feedback or questions? Email us at [email protected]