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Commercial Real Estate Direct Staff Report Horizon Group Properties Inc has acquired a 7175 percent stake in the Outlets at the Dells, a 260,273-square-foot retail property within the Wisconsin Dells waterpark complex in southcentral Wisconsin The...
Triangle Business Journal Driftwood Capital has bought the Marriott Raleigh Durham Research Triangle Park hotel in Durham, NC, for $2144 million, or about $96,144/room The Coral Gables, Fla, company purchased the 223-room property from Stonebridge...
South Florida Business Journal An affiliate of Invesco Real Estate has bought a pair of warehouse properties totaling 104,849 square feet in Pompano Beach, Fla, for $2385 million, or about $22747/sf The Dallas company bought the properties, at 1280...
Commercial Real Estate Direct Staff Report Braemer Hotels & Resorts Inc has adopted a plan to pay down all its debt that’s maturing this year It also has agreed to sell its 394-room Hilton La Jolla Torrey Pines hotel in La Jolla, Calif,...
Paramount Group might be considering giving its lenders two San Francisco office properties that are struggling with their indebtedness The New York REIT, which owns offices in New York and San Francisco, has classified as non-core the two-building...
Commercial Real Estate Direct Staff Report First Citizens Bank has provided $33 million of financing to facilitate the purchase of Inspira Arrowhead, a 165-unit seniors-housing property in Glendale, Ariz A venture of Fortress Investment Group of New...
REBusiness Online Aker Cos has paid $1025 million, or $438,034/unit, for Abbot Mill, a 234-unit apartment property in Westford, Mass The Beacon, NY, apartment owner bought the property, at 1 Pleasant St, from a local developer in a deal arranged by...
Commercial Real Estate Direct Staff Report Dalfen Industrial has acquired the 340,080-square-foot industrial property at 4982 Hallmark Parkway in San Bernardino, Calif The Dallas company purchased the property from Bixby Land Co in a deal brokered...
Interwest Capital Group has paid $285 million, or $148,438/unit, for the 192-unit Reserve at Creekside apartment property at 1340 Reserve Way in Chattanooga, Tenn The San Diego investment manager bought the property from Independence Realty Trust of...
HotelBusinessCom A venture that includes Guidry Land Partners has purchased a pair of hotels with a total of 410 rooms in New Orleans’ Arts/Warehouse district for $73 million, or about $178,049/room Guidry, which is led by Robert J Guidry,...
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© 2023 Commercial Real Estate Direct All rights reserved..
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