Crain’s New York Business Hilton has paid $1356 million, or $842,236/room, for the 161-room Central at 5th by Hilton Club time-share hotel property in midtown Manhattan The McLean, Va, company bought the property, at 12 East 48th St, from 54...
Crain’s Chicago Business Northwestern Mutual is offering for sale E2, a 352-unit apartment property in Evanston, Ill The Milwaukee life insurance company hired JLL to market the property, which is expected to fetch bids around $150 million The...
Crain’s Chicago Business A pair of Chicago office properties are being offered for sale in separate listings CBRE Investment Management is offering for sale the 661,477-square-foot office property at 150 North Michigan Ave The New York company...
Crain’s New York Business Wells Fargo Bank has provided $418 million and PNC Bank has provided $307 million of financing for a pair of apartment properties with a total 1,386 units in Queens, NY TF Cornerstone is developing the two properties,...
The Real Deal RXR, which last week said it would give some of its properties to its lenders, has clarified that it was in talks over only two properties, in Brooklyn, NY, and lower Manhattan The Uniondale, NY, developer owns 83 properties valued at...
The Real Deal The New York City Housing Development Corp and Wells Fargo Bank have led a $414 million construction financing package for the development of a 611-unit affordable-housing project in Manhattan’s Inwood section The 30-story...
New York YIMBY Work has wrapped up at the Eastlight, a 144-unit residential condominium building in Manhattan’s Kips Bay area The 34-stotry property, at 200 East 34th St, was developed by a group led by China Overseas Holdings It has studio,...
Crain’s New York Business MetLife Investment Management has paid $681 million for a pair of apartment buildings with a total of 78 units in the Williamsburg section of Brooklyn, NY The Parsippany, NJ, investment manager bought the buildings,...
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...
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...
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