Sixth Street Partners has paid $190 million, or $134 million/room, for the 142-room Pier House Resort & Spa on Key West, Fla The San Francisco investment manager bought the oceanfront property, on a six-acre parcel at 1 Duval St, in a venture...
Multi-Housing News Nimes Real Estate has lined up a $229 million Fannie Mae for its purchase of the Hilliard Pointe Apartments, a 218-unit property in Hilliard, Ohio, about 11 miles northwest of Columbus, Ohio Newmark arranged the five-year loan...
South Florida Business Journal Willis Lease Finance Corp has paid $118 million, or $31474/sf, for the 374,910-square-foot Cocomar Business Park that’s currently under construction in Coconut Creek, Fla The local aviation leasing and services...
Orlando Business Journal McKinley has paid $21 million, or $114,130/unit, for Soraya, a 184-unit apartment community in Casselberry, Fla The Ann Arbor, Mich, apartment owner bought the property from National Property Management Associates of...
Ashford Hospitality Trust has sold the 358-room Hyatt Regency Long Island hotel in Hauppauge, NY, for $265 million, or $74,022/room The Dallas REIT sold the 37-year-old property, at 1717 Motor Parkway, to a partnership of two investor groups in a...
Cardone Capital has paid $8975 million, or $318,262/unit, for the 282-unit Orchid Run apartment property in Naples, Fla The Aventura, Fla, investment manager raises capital from retail investors and invests it in apartment properties, mostly in the...
Sixteenth Floor Residential has paid $644 million, or $221,306/unit, for Crest at Brier Creek, a 291-unit apartment property in Raleigh, NC The El Paso, Texas, nonprofit acquired the property, on 1448 acres at 6450 Viewpointe Circle, from Millburn...
JLL Capital Markets has provided $42 million of Fannie Mae mortgage financing against Portola Bridge Creek, a 270-unit apartment property in Vancouver, Wash, owned by SB Real Estate Partners of Irvine, Calif The Fannie loan pays a fixed coupon and...
Prime Finance has provided $405 million of financing against the 162-unit Payton Apartments in Portland, Ore JLL Capital Markets secured the five-year loan on behalf of the property’s owner, ColRich of San Diego The seven-story property was...
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