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...
Commercial Real Estate Direct Staff Report The $425 million CMBS loan against the 119 million-square-foot JACX office complex in Queens, NY, is unlikely to get refinanced by its September maturity As a result, the loan, securitized through BAMLL...
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 Real Estate Direct Staff Report Outlet Shoppes at Gettysburg, a 249,937-square-foot retail property in Gettysburg, Pa, was reappraised at the end of last year at a value of $148 million CBL & Associates Properties Inc owns the...
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,...
Bucksbaum Properties has paid $2575 million, or $29654/sf, for One El Paseo Plaza, a three-building mixed-use property with 86,835 square feet in Palm Desert, Calif The Chicago company acquired the property, at 74-199 El Paseo Drive and 74-225 and...
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