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...
Commercial Property Executive Aligned Data Centers has paid $52 million for a 129-acre development site in Sandusky, Ohio The Plano, Texas, company purchased the site from a venture of Avgeris & Associates and Franklin Partners Aligned is...
REJournals A venture of Hunt Midwest and Marshall Planning Mill is breaking ground in the fourth quarter on the Simpsonville 64 Logistics Park, a 34 million-square-foot industrial property in Simpsonville, Ky Hunt, of Kansas City, Mo, and Marshall,...
REBusiness Online PGIM Real Estate has provided $66 million of financing against two industrial properties with a combined 760,669 square feet in suburban Chicago The financing pays a fixed rate and allows the owner and developer of the properties,...
The Real Deal Bank OZK and Manulife have provided more than $200 million of construction financing for the 400,000-square-foot office development at 919 West Fulton St in Chicago While exact details of the financing could not yet be learned, Bank...
The Real Deal The venture that owns 300 East 42nd St in midtown Manhattan has handed the 236,392-square-foot office building over to its lender, Fortress Investment Group, which has tapped JLL Capital Markets to market it for sale The venture,...
REJournals Advanced Plastic Corp has agreed to fully lease the 87,703-square-foot industrial property at 1723-1757 Marshall Drive in Des Plaines, Ill Lee & Associates brokered the deal between the plastics company and the owner of the property,...
The Real Deal Regency Centers has paid $275 million, or $31573/sf, for Old Town Square, an 87,100-square-foot retail center in Chicago The Jacksonville, Fla, REIT purchased the property from a fund managed by Principal Life Insurance, which had...
The Real Deal Goldman Sachs Urban Investment Group has taken through foreclosure the Empire Outlets, a 340,000-square-foot retail property at 55 Richmond Terrace in Staten Island, NY The property had been owned by BFC Partners of Brooklyn, NY, A...
The Real Deal Menashe Properties has paid $45 million, or $7223/sf, for Monroe Plaza, a 623,000-square-foot office property in Chicago The Portland, Ore, investor purchased the property from Accesso Partners, which had acquired it in 2014 for $122...
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