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Atlanta Business Chronicle Crescent Real Estate LLC has bought the 330-room Hotel at Avalon in the Atlanta suburb of Alpharetta, Ga. The purchase price was not disclosed. North American Properties sold the hotel, which opened two years ago. It cost ...
Atlanta Business Chronicle The Davis Group has proposed developing a three-building commercial project in the Atlanta suburb of Alpharetta, Ga. The property is being planned for a 4.4-acre site at the intersection of Westside and Sanctuary parkways. Plans include a ...
The property has been renamed Avery at Northwinds.
Phillips Realty Capital of Washington, D.C., raised $20.3 million from a private-equity firm that formed a venture with Legacy to complete its purchase. And it raised $41.9 million of permanent mortgage financing from Guggenheim Partners. The property includes 50,440 sf ...
93.7 percent occupied.
The buildings had served as collateral for $25.5 million of debt that was securitized through Wachovia Bank Commercial Mortgage Trust, 2007-C31. The debt had been with LNR, the loan's special servicer, since February 2012, after its previous owner fell behind ...
97 percent leased.
94 percent occupied. Bluerock used a $48.87 million Fannie Mae loan written by KeyBank under the agency's Delegated Underwriting and Servicing program to help fund its purchase. The loan pays a coupon of 4.14 percent and matures in seven years. ...
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