Washington Business Journal An affiliate of Modon Holding has paid $761 million for the former Latham Hotel site at 3000 M St NW in Washington, DC’s Georgetown neighborhood The Abu Dhabi company acquired the property from an affiliate of Thor...
The Real Deal Corendon Hotels & Resorts has paid more than $50 million, or $260,417/room, for two hotels with a total of 192 rooms in Miami’s South Beach neighborhood The Netherlands-based hospitality company acquired the properties from a...
Charlotte Business Journal Rockpoint has paid $268 million, or $22446/sf, for the 119,400-square-foot Springs Business Park in the Charlotte, NC, suburb of Concord, NC The Boston private equity real estate firm acquired the four-building industrial...
Charlotte Business Journal GID has paid $1195 million for nine industrial buildings and one vacant parcel within the Woodland Business Park in Charlotte, NC The Boston real estate firm acquired the industrial portfolio from La Caisse of Quebec City,...
Ashford Hospitality Trust Inc has sold the 263-room Embassy Suites Philadelphia Airport to SSN Hotels for $26 million, or $98,859/room The 36-year-old hotel, at 9000 Bartram Ave, was in the collateral pool for what was a $44384 million mortgage...
LA Business First Overton Moore Properties has paid $585 million, or $23579/sf, for the 248,100-square-foot industrial property at 14555 Alondra Blvd in La Mirada, Calif The Torrance, Calif, real estate developer bought the property from Brookfield...
Silicon Valley Business Journal SFF Realty Partners has paid $82 million, or about $197/sf, for The Almaden, a three-building office complex in downtown San Jose, Calif The San Francisco investment firm acquired the property from KBS of Newport...
Cincinnati Business Courier InSite Real Estate has paid $5595 million, or $4054/sf, for the 138 million-square-foot industrial property at 3500 Salzman Road in Monroe, Ohio, a suburb of Cincinnati The Oak Brook, Ill, real estate firm acquired the...
Commercial Real Estate Direct Staff Report An affiliate of family-office platform Cambridge Five Capital has paid $40 million, or $186,916/room, for the 214-room Tarrytown House Estate boutique hotel in the Westchester County, NY, village of...
Commercial Real Estate Direct Staff Report Valley West Mall in West Des Moines, Iowa, which was to have been sold to the city for $131 million, instead has been sold to Threshold Capital for $11 million The sale, highlighted in a KBRA Credit Profile...
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.
