City: Hollywood
Club at Emerald Waters
Arbor Realty SR provided the buyer with a $62.7 million loan that comes with a three-year term. Additional details about the financing were not known.
Margaritaville Hollywood Beach Resort
The hotel serves as collateral for a $161.5 million senior mortgage that's securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2019-MARG, as well as $18.5 million of mezzanine financing. Pebblebrook noted that it may assume the senior loan, but did ...
Club at Emeral Waters Apartments in Hollywood, Fla., Changes Hands
South Florida Business Journal FBE Ltd. has bought the Club at Emerald Waters, a 300-unit apartment complex in Hollywood, Fla., for $31.95 million, or $106,500/unit. The New York company acquired the property from a company managed by Ramon Corona of ...
18-Story Apartment Property Proposed for Hollywood, Fla.
South Florida Business Journal Affiliated Development has unveiled plans to build an 18-story apartment property in Hollywood, Fla. The proposal will go before the city's Technical Advisory Committee early next week. The property, which is being called The Tropic, has ...
Pebblebrook Assumes $161.5Mln CMBS Loan on Margaritaville Resort
Pebblebrook Hotel Trust has assumed the $161.5 million CMBS loan against the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Fla., which it has purchased for $270 million, or $731,707/room, from KSL Capital Partners. It funded the remainder of the resort's acquisition ...
Dual-Branded Hotel Planned Near Fort Lauderdale Airport
South Florida Business Journal Lucky's Management has proposed building a dual-branded hotel near the Fort Lauderdale/ Hollywood International Airport. The Fort Lauderdale, Fla., hotel developer this spring paid $3.33 million for the project's 1.9-acre development site at 1100 West State ...
Los Angeles-Area Office Building Sells for $92Mln
The Real Deal A venture of DivcoWest and GPI Cos. has paid $92 million, or $460/sf, for Lankershim Plaza, a 200,000-square-foot office building in North Hollywood, Calif. DivcoWest, of San Francisco, and GPI, of Los Angeles, purchased the property from J.H. ...
Venture Corporate Center in Hollywood, Fla., Trades Hands
South Florida Business Journal Venture Corporate Center, a 253,742-square-foot office property in Hollywood, Fla., has been sold for $50 million, or about $197.05/sf. An affiliate of Bear Creek Capital of Denver sold the property, which sits on 15.8 acres at ...
Pebblebrook Buying Hollywood, Fla., Hotel for $270Mln
Commercial Real Estate Direct Staff Report Pebblebrook Hotel Trust has agreed to pay $270 million, or $731,707/room, for the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Fla. The Bethesda, Md., REIT is buying the property from KSL Capital Partners of ...
$200Mln Mixed-Use Project Proposed for Hollywood, Fla.
South Florida Business Journal BTI Partners is planning to build a mixed-use project in Hollywood, Fla. The Fort Lauderdale, Fla., developer's proposal will go before the city's Technical Advisory Committee on May 3. It calls for a pair of 35-story ...
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