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Property

Providing perspective and contextual insights on all aspects of Property within the state of Utah, from public to private land, and from commercial to residential development and more, but especially as seen through a monetary lens.

The Property of Five Utah Hospitals has Changed Hands in a Transaction that Values them at Just Under $1.2 Billion

The Property of Five Utah Hospitals has Changed Hands in a Transaction that Values them at Just Under $1.2 Billion

A 75% ownership stake in the real estate of 1) Davis Hospital and Medical Center, 2) Jordan Valley Medical Center, 3) Jordan Valley Medical Center-West Valley Campus, 4) Mountain Point Medical Center, and 5) Salt Lake Regional Medical Center have been sold by Alabama's Medical Properties Trust to

Texas Instruments Proves it's Quite Serious as it Breaks Ground on its $11 Billion Fabrication Plant in Lehi, Utah

Texas Instruments Proves it's Quite Serious as it Breaks Ground on its $11 Billion Fabrication Plant in Lehi, Utah

With first production slated to start in 2026, TI expects its two semiconductor fabrication plants in Lehi will produce millions of analog and embedded processing chips daily once full production begins later this decade. It's one thing to tell the world you're going to do something,

Utah's Top 15 Noteworthy Business "News Nuggets" from the 2nd, 3rd, and 4th Full Weeks of October 2023

Utah's Top 15 Noteworthy Business "News Nuggets" from the 2nd, 3rd, and 4th Full Weeks of October 2023

The weeks in question are 8—14 October 2023, 15—21 October 2023, and 22—28 October 2023. AUTHOR'S NOTE: Sometimes, regardless of what you do, deep desires collide head-on with the demands of daily life. That's been my life for the past several weeks as

Apple Hospitality REIT Purchases Two Salt Lake City Hotels, and Their Shared Parking Garage, for $91.5 Million

Apple Hospitality REIT Purchases Two Salt Lake City Hotels, and Their Shared Parking Garage, for $91.5 Million

With the purchase of the 175-room Courtyard by Marriott Salt Lake City Downtown, the 159-room Hyatt House Salt Lake City/Downtown, and the corresponding 346-space parking garage, the Apple Hospitality portfolio now includes 222 hotels with over 29,000 rooms located in 17 states, including five properties in Utah. Richmond,

Utah's Top 9 Business "News Nuggets" from the Past Week: 1—7 October 2023

Utah's Top 9 Business "News Nuggets" from the Past Week: 1—7 October 2023

Enclosed below (in no particular order), are Utah's Top 9 Business "News Nuggets" from 1—7 October 2023 that may not have hit your radar: * Heber, Utah-based Summit Engineering Group has been acquired by Atwell, a Southfield, Michigan-based consulting, engineering, and construction services firm with over

Utah's Top Nine Business "News Nuggets" from the Past Week: 23—30 September 2023

Utah's Top Nine Business "News Nuggets" from the Past Week: 23—30 September 2023

Enclosed below (in no particular order), are Utah's Top Nine Business "News Nuggets" from 23—30 September 2023 that may not have hit your radar: * American Fork, Utah-based LiveView Technologies (LVT) has been named by the Utah Jazz as its multi-year jersey patch sponsor starting with

Utah's Top 16 Business "News Nuggets" for September 01—22, 2023.

Utah's Top 16 Business "News Nuggets" for September 01—22, 2023.

AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are still significant and should be acknowledged as such. This is why we regularly take time to bundle a number of these announcements into semi-regular write-ups focused on