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,...
Muti-Housing News Coastal Community Bank has provided $35 million of financing for the construction of Kōz on Alderwood, a 200-unit apartment property in Lynnwood, Wash The project’s developers, MSquared of New York and Kōz Development of...
Commercial Real Estate Direct Staff Report The owner of Chicago’s massive Aon Center, at 200 East Randolph St, could be close to refinancing the 278 million-square-foot office property’s $6775 million financing package, which includes...
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...
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...
Commercial Real Estate Direct Staff Report Foothills Bank has provided $356 million of financing for the construction of Amavida at Marana, a 200-unit apartment property in Tucson, Ariz The property is being developed by a venture of Ascent Cos of...
The Real Deal JPMorgan Chase Bank has provided $500 million of financing against 87 unsold condominium units at Manhattan’s Central Park Tower at 217 West 57th St The loan was used by the property’s developer, Extell Development, to...
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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