Derby Lane Partners has provided $175 million of financing to fund the conversion of the 400,000-square-foot office property at 80 Broad St in Lower Manhattan into 326 apartment units The property is being converted by a venture of Broad Street...
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...
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...
Blackstone and New York Life Insurance Co have provided $238 million of financing against the 561,466-square-foot Lincoln Square North office property in the Seattle suburb of Bellevue, Wash The loan was arranged by Newmark on behalf of the...
FS Credit REIT has provided a $7448 million loan against the 267,294-square-foot Shops at Stonefield in Charlottesville, Va The retail property, at 2100 Hydraulic Road, is owned by O’Connor Capital Partners of New York, which bought it in 2016...
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