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Passco Cos. has paid $130 million for a pair of apartment properties with 552 units in the Baton Rouge, La., market, marking its entrée into that area. The Irvine, Calif., investment manager is among the most active players in the structured ...
Hunt Real Estate Capital has originated a $30 million Fannie Mae loan against the 224-unit River House Apartments in Baton Rouge, La. The loan, which Eyzenberg & Co. of New York arranged, has a 10-year term and requires only interest ...
Dallas CityBizList A venture of GTM Hospitality and LIG Assets Inc. has bought the Wyndham Baton Rouge Hotel in Baton Rouge, La. The seller and purchase price were not known. The 81-room property is at 5600 Bluebonnet Blvd. near the ...
FelCor Lodging Trust Inc. has agreed to sell the 223-room Embassy Suites in Baton Rouge, La., for $20 million, or about $89,686/room. The identity of the buyer could not be learned. The property, at 4914 Constitution Ave., has two-room suites, ...
Commercial Real Estate Direct Staff ReportAnother shopping center owned by General Growth Properties Inc. is destined to be returned to its lender, a CMBS trust.But unlike the other properties that the Chicago REIT had agreed to give to lenders through ...
Fairwood Hospitality Investors has paid $10.6 million for the 131-room Hilton Garden Inn Baton Rouge Airport in Baton Rouge, La.The hotel was purchased from Interstate Hotels & Resorts Inc. of Arlington Va.Fairwood, an opportunity fund managed by Fairwood Capital of ...
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