Phoenix Business Journal Dynamic City Capital has paid $102 million, or $576,271/unit, for Canopy by Hilton Scottsdale Old Town, a 177-room hotel in Scottsdale, Ariz The Provo, Utah, investment firm purchased the hotel from Miller Global Properties,...
Commercial Real Estate Direct Staff Report Blackstone Group has sold its 80 percent stake in Metropolitan Square in the East End of Washington, DC, for $305 million, valuing the 656,546-square-foot office building at $38125 million, or nearly...
Houston Business Journal Parkway has bought a pair of office properties with about 266 million square feet in Houston for undisclosed prices The seller, which was represented by Eastdil Secured, was not identified Parkway formed in May when Parkway...
Phoenix Business Journal The X Co has broken ground on X Roosevelt, a 370-unit apartment property in downtown Phoenix The Chicago developer is building the 19-story property at 625 to 629 North 2nd Ave X Roosevelt is estimated to cost $150 million...
MIG Real Estate has paid $611 million, or $442,753/unit, for the 138-unit Newport Palms Apartments in Costa Mesa, Calif The Newport Beach, Calif, investor purchased the property from MG Properties of San Diego The deal was highlighted by Kidder...
Empire State Realty Trust Inc has paid $264 million for a pair of neighboring mixed-use properties in the Williamsburg section of Brooklyn, NY The properties, 157 and 161 Wythe Ave, are at the northeast intersection of North 6th Street, and have six...
REBusiness Online Flaherty & Collins Properties has broken ground on the 256-unit second phase of the Mill at Ironworks Plaza apartment property in Mishawaka, Ind The Indianapolis developer is building the property at 235 Ironworks Ave, about...
Orlando Business Journal PLK Communities has bought the Harbortown Apartments, a 428-unit complex in Orlando, Fla, for $861 million, or about $201,168/unit The Cincinnati company purchased the three-story property from LivCor of Chicago, which had...
Tampa Bay Business Journal MLG Capital has paid $705 million, or about $220,313/unit, for the Reserve at Palmer Ranch, a 320-unit apartment property in Sarasota, Fla The Brookfield, Wis, company purchased the garden-style property from Strategic...
The Real Deal Hotel Capital, which owns the 135-room Tremont Chicago Hotel, has been hit with a foreclosure lawsuit LaSalle Investment Management filed the suit, alleging that Hotel Capital, of Newport Beach, Calif, defaulted on the $1943 million...
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