Commercial Observer Rubenstein Mortgage Capital has provided $42 million of financing against the 206,000-square-foot office building at 1801 L St NW in Washington, DC The loan allowed the property’s owner, a group of families in the...
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...
Washington Business Journal BMW has agreed to open a 75,000-square-foot distribution center in Baltimore The auto maker plans on using the 35-acre development site to house vehicles that are manufactured in Mexico and Europe The property will be...
Bisnow Old City Development Group is close to finishing work on the Adora mixed-use project in Washington, DC The five-story property, at 1827 Wiltberger St NW, will have 36,000 square feet of retail and office space on the first three floors and...
Orlando Business Journal A foreclosure suit has been filed against the owner of the Florida Hotel & Conference Center in Orlando, Fla Tantallon Orlando LLC owns the 511-room property, at 1500 Sand Lake Road, which serves as collateral for $40...
The Real Deal Henry Modell & Co and Weinstein Enterprises are offering for sale four development sites at 360-370 Fulton St in Brooklyn, NY Modell owns three of the land parcels, while Weinstein owns the other JLL has the listing for the...
Dallas Morning News Harwood Center, a 723,963-square-foot office property in Dallas, is scheduled to be sold at a March 2 foreclosure auction Fortis Property Group of New York previously had owned the 36-story building, at 1999 Bryan St, which...
Commercial Real Estate Direct Staff Report Having struck out on its attempt to sell the $652 million distressed loan against the Southland Mall near downtown Miami, its special servicer has taken the collateral property through foreclosure The loan,...
Baltimore Business Journal Stonehill Strategic Capital has acquired the 202-room Kimpton Hotel Monaco Inner Harbor in Baltimore for $12 million at a recent foreclosure auction Alex Cooper Auctioneers conducted the auction InterContinental Hotels...
Philadelphia Business Journal PMC Property Group is developing the Riverwalk mixed-use project in Philadelphia’s Logan Square neighborhood The property will consist of a 291-unit apartment building at 60 North 23rd St and a 321-unit structure...
