South Florida Business Journal Hyperion Development Group has filed plans to build an eight-story mixed-use complex in Boynton Beach, Fla The city’s Planning Board will consider the proposal for the project, dubbed Ocean One, on March 28 Plans...
Triangle Business Journal An affiliate of Certes Partners wants to convert a Raleigh, NC, hotel into 139 apartment units The New York company recently paid $96 million, or about $68,571/room, for the 140-room SureStay Plus Hotel by Best Western,...
Commercial Real Estate Direct Staff Report Waterfall Asset Management has paid $3849 million, or $2,026/sf, for the 19,000 square feet of retail space at the Astor luxury residential condominium property on Manhattan’s Upper West Side The New...
Triangle Business Journal Fidelity Investments has vacated a 116,300-square-foot office building in Durham, NC, two years before its lease was to expire The financial services company had been fully occupying Danbury Hall, at 5411 Park Road, in the...
Service Properties Trust has sold another 16 hotels with 2,155 rooms, all operating under Marriott brands, for $1375 million The portfolio was acquired by a venture of NewcrestImage, a Dallas family office that specializes in the hotel sector, and...
Montecito Medical Real Estate has paid $29 million, or $42647/sf, for Banner Health Center, a 68,000-square-foot medical office property in Peoria, Ariz The Nashville, Tenn, investor purchased the property from Banner Health, which has signed a...
South Florida Business Journal The owner of the Redland Market Village flea market building in suburban Miami wants to develop a 355-unit apartment project on the property’s parking lot A company managed by Jose Infante of Miami has proposed...
Tampa Bay Business Journal South City Partners has broken ground on the Rustic Apartments, a 303-unit property in North Venice, Fla The Atlanta developer is building the property at 2600 Rustic Road and 1700 Ranch Road, about 70 miles north of...
Orlando Business Journal Urban Network Capital Group has lined up $267 million of construction financing for the Visions Orlando mixed-use project in Orlando, Fla The Miami developer obtained the financing from LV Lending, also of Miami Visions...
South Florida Business Journal A venture consisting of Illinois lenders CIBC Bank USA, First Bank Chicago and Republic Bank has provided $669 million of construction financing for Wynwood Station, a 210-unit apartment project in Miami The loan...
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