Posts Tagged: Hospitality
- By Guzel
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- Market Updates
October 2024 Market Update
Office vacancy in Manhattan has hit a three-year low, while Boston office leasing has reached a two-year high. LA office leasing has reached its highest level since Q1 2020. Additionally, the availability of Class A office space in Chicago has decreased for the first time since the pandemic. Even San Francisco, which has struggled the [...]
- By Guzel
- 0
- Market Updates
September 2024 Market Update
In August, the U.S. economy added 142,000 jobs, which was slightly below the expected 161,000 jobs. This suggests a slowdown in the labor market but could also lead to the Federal Reserve lowering interest rates later in the month. The unemployment rate dropped to 4.2% as the labor force expanded by 120,000, maintaining a 62.7% [...]
- By Guzel
- 0
- Closed Deals
300 Gardner Expy, Quincy, IL – Hotel Redevelopment
Golden Group Real Estate is pleased to announce the sale of originally Ramada Inn and recently Eagle’s Nest Hotel in Quincy, IL. Quincy, known as Illinois’s “Gem City”, is located in west central Illinois on a bluff overlooking the Mississippi River. The hotel was originally built as a 129-room Ramada Inn in 1974 with 51 [...]
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