News

Real Estate News: Summit Hotel Properties Sell Six Hotels to American Realty Capital Hospitality Trust for $108.3M

Six Hotels from Summit Hotel Properties, Inc, totalling 707 rooms, were recently acquired by American Realty Capital Hospitality Trust, Inc for the purchase price of $108.3 million.

Real Estate News: New-Home Construction Expected to Rise in 2016

Construction of new homes this 2016 is expected to rise despite a recent drop in the number of houses constructed last January.

Would Buying a Pad in NY City Pay Off?

Real estate research shows that purchasing Manhattan apartments is more expensive than renting one, yet, can this overprice mean that buying a pad in New York doesn't pay off at all?