Loews Hotels & Resorts focuses on growth with new leadership

Already a leader in hospitality in the U.S. and Canada, Loews Hotels & Resorts has a newly affirmed commitment to growth with more than $500 million in discretionary capital committed to the acquisition of existing hotels and the development of new properties. President and CEO, Paul Whetsell who recently joined the company, will be leading the effort as Loews is focusing on key urban markets and top-tier resort destinations ideally suited to discerning business travelers and pleasure seekers. Loews also holds significant capital for joint ventures, incentive capital and new developments in primary and secondary markets.

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O,R&L Commercial facilitates $3.8m sale of 29,879 s/f mixed-use property

Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.

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Elaine Const. promotes Leonard to executive vice president of preconstruction and planning

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End of the year retail thoughts - by Carol Todreas

Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.

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This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.