Commercial Observer A venture of Electra America and AKA has purchased the 152-room One Washington Circle Hotel in Washington, DC, for $49 million, or $322,368/room The property, at 1 Washington Circle, was purchased from George Washington...
Alternative lender 3650 REIT provided the $170 million of financing for the construction of the 364-unit LOFTY Brickell, a luxury residential condominium building that Newgard Development Group is building along the Rio Miami waterfront in...
Orlando Business Journal Plans have been filed for an 856-unit apartment project in the South Downtown district of Orlando, Fla The two-building project is being planned for a 56-acre industrial site at 415 West Kaley St If approved, it would be...
The Real Deal Two Kings Real Estate has bought the 226-room Holiday Inn Hotel in the Chelsea section of Manhattan for $803 million, or $335,309/room Watermark Lodging Trust sold the property, at 125 West 36th St, which has been struggling...
NewPoint Real Estate Capital has provided $69 million of mortgage financing under the US Department of Housing and Urban Development’s 223(f) program against the 255-unit Ascent apartment property in the Denver suburb of Westminster, Colo The...
Dallas Business Journal H-E-B has unveiled plans to add 325,000 square feet of space to its Temple, Texas, distribution center The San Antonio grocery store chain wants to build an automated frozen distribution line that will create more than 100...
Dallas Morning News Core5 Industrial Partners is developing a two-building business park with more than 600,000 square feet in Lancaster, Texas, about 16 miles south of Dallas The Atlanta developer is building the industrial property on Bear Creek...
South Florida Business Journal An affiliate of Newgard Development Group has lined up $170 million of construction financing for the Lofty condominium project in Miami Work is expected to start soon on the property, which will be built on 162 acres...
South Florida Business Journal Prestige Builders has proposed developing a 114-unit apartment complex in Hialeah, Fla The project has been proposed for a 203-acre development site, at 1001 SE 11th St, about two blocks from a Metrorail station Plans...
Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc has offered to purchase, at a discount, the two loans totaling $1121 million against its Jefferson Mall in Louisville, Ky, and Southpark Mall in suburban Richmond, Va The...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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