Crain's Cleveland Business Starwood Capital Group has paid $26.3 million for a pair of Residence Inn hotels with a combined 216 rooms in the Cleveland area. Noble Investment Group sold the properties, with 120 rooms at 501 West Creek Road ...
Crain's Cleveland Business A venture that includes DRA Advisors is buying 200 Public Square, a 1.3 million-square-foot office building in downtown Cleveland. The venture also includes local developer Scott Wolstein. Harbor Group International of Richmond, Va., is selling the property, ...
Crain's Cleveland Business Forest City Realty Trust has put three apartment properties with 1,837 units in the Cleveland area on the sales block through Marcus & Millichap. The Cleveland REIT owns the properties, Tamarac, Hamptons and Deer Run, through a ...
Commercial Real Estate Direct Staff Report A venture of two family offices is offering for sale three apartment complexes with 1,837 units in the Cleveland suburbs. The Institutional Property Advisors unit of Marcus & Millichap has been tapped to market ...
Commercial Real Estate Direct Staff Report The NorthPointe Apartments in suburban Cleveland has been appraised at a value of $33.3 million, which compares with the $37.8 million balance on a CMBS loan against the 951-unit property. The 48-year-old property, at ...
Cleveland Plain Dealer The K&D Group has agreed to buy 55 Public Square, a 425,000-square-foot office building in downtown Cleveland, for an undisclosed price. The property last sold in 2008 to Optima International for $34 million, or $80/sf. K&D plans ...
Cleveland Plain Dealer Wolstein Group has bought out its partner, Fairmount Properties, in the Flats East Bank mixed-use project that's being planned for Cleveland. The development, which is being estimated to cost $750 million, will include an office building, hotel, ...
Midwest Real Estate Journal Rialto has provided a $93 million loan against the Flats at East Bank Apartments, a 241-unit property that sits along Cleveland's waterfront. The loan was arranged by Bellweather Enterprise Real Estate Capital on behalf of the ...
The mostly-vacant property is expected to be converted into 460 residential units, a 178-room hotel, 250,000 sf of offices and a luxury car dealership.
The mostly-vacant property is expected to be converted into 460 residential units, a 178-room hotel, 250,000 sf of offices and a luxury car dealership.
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
