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 NRG Energy Inc has signed a lease for about 245,000 square feet of office space at the 42 million-sf Houston Center in downtown Houston The energy company will occupy the top 10 floors at 3 Houston Center, which stands 51...
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...
Commercial Real Estate Direct Staff Report Deutsche Bank has provided $29324 million of mortgage financing against 477 unsold condominium units at the 566-unit residential condo building at One Wall St in lower Manhattan The 56-story building,...
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...
Commercial Real Estate Direct Staff Report JLL Real Estate Capital has provided $2233 million of Freddie Mac financing to facilitate Benedict Canyon Equities’ $3433 million purchase of two apartment properties with 152 units in Des Moines,...
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...
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...
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