Commercial Real Estate Direct Staff Report A total of $576 billion of industrial properties traded hands this year through August, according to Commercial Edge That’s up 574 percent from the $366 billion of sales volume recorded during the...
REBusiness Online Trilogy Real Estate Group has broken ground on the second phase of Hallon in Hopkins, a 770-unit apartment property in Hopkins, Minn The Chicago investment firm is building the property at the northwest corner of Excelsior...
Commercial Real Estate Direct Staff Report DoveHill Capital Management has paid $2704 million, or $122,353/room, for the 221-room DoubleTree by Hilton Hotel Deerfield Beach – Boca Raton in Deerfield Beach, Fla The Fort Lauderdale, Fla,...
Commercial Observer Enterprise Community Development Inc has struck a deal to pay $257 million, or $114,732/unit, for the 224-unit Skyland Apartments in the Randle Heights area of Washington, DC The property, at 2333 Skyland Place SE, is being...
Gelt Inc has paid $76 million, or $510,067/unit, for Avalon Studio 4121, a 149-unit apartment property in the Studio City area of Los Angeles The Los Angeles investor bought the property, at 4121 Radford Ave, from AvalonBay Communities Inc, which...
South Florida Business Journal An affiliate of Opterra Capital has bought the 96-room Hilton Garden Inn Miami South Beach for $28 million, or about $291,667/room The Boca Raton, Fla, company purchased the hotel from Baywood Hotels of Columbia, Md...
Welcome Group Inc has paid $49 million, or $342,657/room, for the 143-room Hyatt Place hotel just outside of Los Angeles International Airport in El Segundo, Calif The local hotel owner purchased the property from Washington Holdings of Seattle in a...
REBusiness Online Synergy Construction Group LLC has acquired a 217,887-square-foot retail property at 203 Yorktown Center in Lombard, Ill The sales price could not yet be learned The Chicago real estate firm purchased the property from a limited...
South Florida Business Journal Moto Capital Group has sold the 81-room Balfour Hotel in Miami’s South Beach area for $3925 million, or about $484,568/room The Miami company sold the property to Catalyst Capital Group of Toronto, which used $20...
Tampa Bay Business Journal An affiliate of Sherman Associates has bought the Hotel Zamora, a 72-room property in St Pete Beach, Fla, for $3465 million, or $481,250/room Zamora Hospitality Group sold the hotel, at 3701 Gulf Road, which it had bought...
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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