Boston Business Journal An entity managed by Mai Luo has paid $30 million, or $14416/sf, for 18 Tremont St, a 208,097-square-foot office building in Boston’s Financial District The local investor acquired the building from an affiliate of...
New York Business Journal An affiliate of Melia Hotels International has paid $203 million, or $648,562/room, for the Innside New York NoMad hotel in Manhattan The Palma de Mallorca, Spain, hospitality company bought the 313-room property from its...
Commercial Observer Kaufman Investments is said to have agreed to pay $125 million for a pair of office properties across Madison Square Park in Manhattan’s Midtown South submarket The New York investor is buying the properties—the...
REBusiness Online Bluhm Family Foundation has broken ground on Marisol, a 214-unit seniors-housing property in Huntington Beach, Calif The Chicago company is building the property at 2120 Main St, about 35 miles south of Los Angeles The project has...
South Florida Business Journal An affiliate of Constellation Group and Boschetti Group has lined up $675 million of construction financing for Cora Merrick Park, a 74-unit condominium project in Coral Gables, Fla BHI of New York provided the loan,...
Phoenix Business Journal Microsoft has paid $130 million for a 100-acre development site in Goodyear, Ariz, about 27 miles west of Phoenix The tech giant acquired the property from First Industrial Realty Trust The site, at North Citrus and West...
Crain’s Chicago Business A venture of Mavrek Development and Acres Capital is planning to convert the 143,000-square-foot office property at 209 West Jackson Blvd in Chicago into 180 apartment units Mavrek, of Chicago, is joining Acres, of...
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co on nearly a mile of Lake...
Commercial Real Estate Direct Staff Report LXP Industrial Trust has paid $103 million, or $17176/sf, for the 599,664-square-foot office complex at 4025, 4035, and 4045 South Riverpoint Parkway in Phoenix The West Palm Beach, Fla, REIT bought the...
REBusiness Online Flaherty & Collins Properties has completed the 219-unit first phase of the Blutowne apartment development in Peoria, Ill The Indianapolis developer broke ground on the project, at 501 West Washington St, in late 2023 Its...
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