Steps are being taken that might indicate that the 346-room Club Quarters Hotel in San Francisco is close to selling, according to a report in the San Francisco Business Times Last month, a consultant requested a zoning verification letter for the...
Triangle Business Journal Ram Realty has received approval from the city of Durham, NC, to develop a two-building apartment property with a total of 310 units The project will be built on a 524-acre site at 501, 701 and 703 Washington St and 705 and...
South Florida Business Journal MCR Hotels has bought the Hilton Miami Airport Blue Lagoon for $11825 million, or about $232,776/room The Dallas company acquired the 508-room property, which sits on 206 acres at 5101 Blue Lagoon Drive, from Park...
The Registry Jamison Organization is offering for sale the 70,760-square-foot office property at 4055 Wilshire Blvd in Los Angeles The Los Angeles company has hired Kidder Mathews to market the property, which comes with an asking price of $2087...
Commercial Observer The estate of artist Frank Fristachi has put on the sales block an assemblage of eight parcels along Driggs Avenue, between Grand and South First streets in the Williamsburg section of Brooklyn, NY The parcels could be developed...
Orlando Business Journal A venture of Prospect Real Estate Development Group and American Landmark is building a 355-unit apartment property in Kissimmee, Fla, a suburb of Orlando, Fla The venture bought the 1068-acre development site, at the...
Charlotte Business Journal CBRE Investment Management has paid $637 million, or about $281,858/unit, for Madison Place, a 226-unit apartment complex in Charlotte, NC Madison Capital Group of Charlotte sold the property, at 3125 Furr Court, which was...
Tampa Bay Business Journal Graham & Co recently bought a 21-acre development site in Tampa, Fla, for a planned 262,440-square-foot industrial project The Birmingham, Ala, developer paid $619 million for the site, at 9208 Palm River Road It is...
Orlando Business Journal Haut Development has proposed constructing a two-building apartment property in Osceola County, Fla The Aventura, Fla, developer still needs to get approval for the property, which has been proposed for a 479-acre site along...
Commercial Observer The 55,000-square-foot building at 16 West 39th St in midtown Manhattan has been placed on the sales market for $325 million, or $590,909/sf The 12-story property is next to 424 Fifth Ave, which Amazoncom Inc had purchased last...
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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