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South Florida Business Journal MG Developer has lined up $67.5 million of financing for the construction of the Villages at Coral Gables residential property in Coral Gables, Fla. Churchill Real Estate was the lender. Villages at Coral Gables is being ...
Crescent Real Estate LLC was the buyer of the 157-room Hotel Colonnade Coral Gables, Autograph Collection, in Coral Gables, Fla. The Dallas investment manager, which was identified as the buyer first by Commercial Observer, had paid $63 million for the ...
Hotel Colonnade Coral Gables, at 180 Aragon Ave., had generated $4.1 million of net operating income last year, which would give the sales price a 6.51 percent capitalization rate. But Pebblebrook pointed out that, based on the property's 2019 financials, ...
Pebblebrook Hotel Trust has sold its 157-room Hotel Colonnade Coral Gables, Autograph Collection, in Coral Gables, Fla., for $63 million, or $401,274/room. The Bethesda, Md., REIT was represented in the sale, to an undisclosed investor, by JLL's hotel and hospitality ...
South Florida Business Journal MG Developer is teaming up with VYV of Peru to build an 80-unit residential condominium property in Coral Gables, Fla. The property, which is being called Alhambra Park, is being planned for a 1.12-acre development site ...
South Florida Business Journal Sunrise Senior Living has lined up $45.77 million of construction financing for the 94-room assisted-living facility at 1000 Ponce De Leon Blvd. in Coral Gables, Fla., about six miles from downtown Miami. The McLean, Va., seniors-housing ...
South Florida Business Journal An affiliate of Hines Global Income Trust has paid $430 million, or about $358.33/sf, for the 1.2 million-square-foot Gables Station mixed-use development in Coral Gables, Fla., about five miles southwest of Miami. The Houston REIT bought ...
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