Commercial Real Estate Direct Staff Report An affiliate of Noble Investment Group has paid $374 million, or $174,766/room, for the 214-room Renaissance Reno Downtown Hotel in Reno, Nev The Atlanta investor acquired the property, at 1 Lake St, from...
A venture of Bulldog Real Estate Partners and Acram Group has paid $46 million, or $460/sf, for the 100,000-square-foot office property at 88 University Place in Manhattan’s Greenwich Village area The venture acquired the property from CIM...
Commercial Observer Hanover Capital has provided a $258 million loan against the 52,578-square-foot retail property at 10-04 Borden Ave in the Long Island City section of Queens, NY The loan, arranged by HKS Real Estate Advisors, allowed the...
Portland Business Journal US Bank has provided $279 million of financing for the development of the 143-unit Villebois Village Center Apartments in Wilsonville, Ore, a southern suburb of Portland, Ore Capstone Partners of Portland is developing the...
Opus has broken ground on Highway 370 Logistics, a 168,486-square-foot industrial property in Papillion, Neb The Minnetonka, Minn, developer is building the property at the intersection of Interstate 80 and Highway 370, about 16 miles southwest of...
Dallas Business Journal A venture of Pillar Commercial and Ascent Real Estate Advisors has bought the 310,943-square-foot Rambler Park office building in Dallas for an undisclosed price Pillar, of Dallas, and Ascent, of New York, purchased the...
Bow River Capital has bought the Madera at Leftbank Apartments, a 589-unit property in Fort Worth, Texas JLL Capital Markets brokered the deal on behalf of the Denver alternative asset management company Details about the seller and purchase price...
Commercial Real Estate Direct Staff Report Ashford Hospitality Trust has sold La Posada de Santa Fe, a 157-room hotel in Santa Fe, NM, for $575 million, or $366,242/room The buyer is a limited liability company called Abo Sada, an affiliate of Abo...
The Wall Street Journal Dalian Development has paid $24 million, or $2553/sf, for the 940,000-square-foot office building at 301 7th St SW in Washington, DC, and is planning to convert it into apartments The Washington developer acquired the vacant...
JLL Income Property Trust has paid $3215 million, or $613/sf, for the 52,487-square-foot West Boston Medical Center property in the Boston suburb of Watertown, Mass The Chicago REIT, whose shares do not trade on any exchange, acquired the property,...
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