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DiamondRock Hospitality Co. has sold two hotels, in New York City and Minneapolis, for a total of $208 million as part of an effort to rid itself of non-core assets. The sale of the two properties comes on the heels ...
Commercial Real Estate Direct Staff Report The Commons at Manahawkin Village, a 326,128-square-foot retail property in the central New Jersey community of Manahawkin, which recently was sold for $42.3 million, had backed a $30.3 million CMBS loan. That loan, which ...
Commercial Real Estate Direct Staff Report Principal Commercial Capital, a recently formed conduit lending operation, is contributing nine loans with a balance of $153.2 million to a CMBS conduit transaction for which marketing is just getting underway. The loan contributions ...
Cincinnati Business Courier A venture led by Philadelphia investment manager Rubenstein Partners acquired two downtown Cincinnati office buildings with 609,275 square feet for an undisclosed price from a venture of Harbert Management Corp. and Smith/Hallemann Partners. The two, 312 Plum ...
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