South Florida Business Journal WPH Properties LLC has paid $4375 million, or about $231,481/room, for the Washington Park Hotel in Miami Beach, Fla The company, which owns Westime, a Beverly Hills, Calif, luxury watch store, bought the 189-room...
Commercial Real Estate Direct Staff Report Lodging Fund REIT III, a non-traded REIT sponsored by Legendary Capital, has paid $279 million, or nearly $198,000/room, for the recently opened Courtyard by Marriott Denver-Aurora hotel in Aurora, Colo The...
Real Estate NJ Landmark Cos has sold the 109-unit Imperial House Apartments in Elizabeth, NJ, for $213 million, or $195,413/unit Gebroe-Hammer Associates brokered the deal The seller was not disclosed The 13-story building, at 750 North Broad St,...
The Real Deal A venture of Elberon Development Group and Fidelco Realty Group has obtained a $34 million construction loan for the development of a 140,000-square-foot cold-storage facility in Elizabeth, NJ JLL arranged the loan, which was provided...
Real Estate NJ Bob’s Discount Furniture has signed a lease to fully occupy a 622,230-square-foot warehouse that is under construction in Piscataway, NJ Duke Realty Corp plans on delivering the industrial property this summer The warehouse, at...
South Florida Business Journal City National Bank of Miami has provided $358 million of construction financing for the first phase of the Terra Nova mixed-use development in Delray Beach, Fla Ground recently broke on the project, which is being...
Boston Business Journal BioMed Realty has agreed to purchase an office development that is near completion at 321 Harrison Ave and 1000 Washington St in Boston’s South End neighborhood The Blackstone Group affiliate is buying the project from...
Commercial Observer A venture of Metropolitan Realty Associates and Clarion Partners has paid $50 million, or about $16434/sf, for a 304,249-square-foot industrial property in South Windsor, NJ SunCap Property Group sold the property, which was...
PCCP LLC has provided $327 million of financing against the Renoir House, a 152-unit apartment building in Manhattan’s Lenox Hill neighborhood The loan allowed the property’s owner, an affiliate of Carmel Partners of San Francisco, to...
Dwight Capital has provided $287 million of financing under the US Department of Housing and Urban Development’s section 223(f) program for the Albany Lofts at One Broadway, a 145-unit apartment property north of Albany, NY The loan allowed...
