Commercial Observer Industrious has expanded its footprint by 51,600 square feet, to 291,600 sf, at Tower 49, giving it nearly half of the space in the 600,000-sf office building in Midtown Manhattan The coworking company first took space in the...
The Chattanooga, Tenn, REIT, which filed for bankruptcy in 2021 and was able to eliminate $17 billion of debt and preferred equity through its restructuring, has stopped making payments against the three properties' mortgages, which have a total...
South Florida Business Journal Griffis Residential has paid $785 million, or $298,479/unit, for Loftin Place, a 263-unit apartment property in West Palm Beach, Fla The Denver real estate company purchased the complex from Castle Lanterra of...
The Real Deal Soheil Khayyam has paid $58 million, or $773,333/unit, for the 75-unit apartment property at 68-74 Thompson St in the SoHo section of Manhattan The Long Island, NY, investor acquired the property from Centurion Realty of New York,...
San Antonio Business Journal Sunrise Realty Trust and Southern Realty Trust have taken title to the Thompson San Antonio – Riverwalk hotel in San Antonio, according to Bexar County, Texas, records The property serves as collateral for about...
Crain’s Chicago Business Cedar Street is offering for sale two apartment properties with 522 units in Chicago The local developer hired Berkadia to market the 342-unit Draper Apartments, at 5050 North Broadway, along with the Sally, with 180...
Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc has lined up $425 million of mortgage financing against a portfolio of 12 of its enclosed shopping malls and one open-air center The Chattanooga, Tenn, REIT is...
South Florida Business Journal Acevedo Investments Corp has bought the Regency Club Apartments, a 74-unit complex in Hialeah, Fla, for $2122 million, or $286,757/unit The Coral Gables, Fla, company purchased the three-story property from Royal...
The Real Deal Generation Essential Group has paid $69 million, or $456,953/room, for the 151-room Tribeca Hilton Garden Inn hotel in Manhattan The subsidiary of French Media company AMTD Digital acquired the property from a venture of Hersha...
Truist Bank has provided $6825 million of financing against the 269-unit Millyard at Meadow Commons apartment property in Newington, Conn, about 10 miles south of Hartford, Conn The five-year loan, which pays a fixed rate, was arranged by JLL...
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