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...
Bravo Property Trust has provided $80 million of financing to fund the construction of a 194-unit apartment building at 2201 Third Ave in Manhattan’s East Harlem section The 22-story building, at 120th Street, four blocks from Marcus Garvey...
Brookfield Corp's GGP Services operation has refinanced the Natick Mall, but at a cost It had to pony up fresh equity and is facing a substantially higher coupon than the modified loan that has been...
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...
Dwight Capital has provided $34 million of financing under the US Department of Housing and Urban Development’s 223(f) program for the 160-unit Reserve at Willow Ridge apartment property in Lancaster, Pa The loan allowed the property’s...
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...
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