City: Naples

Commercial Real Estate Direct Staff Report The $103.17 million CMBS loan against the Coastland Center shopping mall in Naples, Fla., has transferred to special servicer Rialto Capital Advisors because it's expected to default at its November maturity. The loan is ...

Pebblebrook Hotel Trust has struck a deal to pay $156 million, or $1.31 million/room for the 119-room Inn on Fifth hotel in Naples, Fla. The Bethesda, Md., REIT is buying the luxury property, in the heart of Old Naples, from ...

Brixmor Property Group has paid $97 million, or $316/sf, for the 307,000-square-foot Granada Shoppes retail center in Naples, Fla. The New York REIT purchased the property, on a 39-acre parcel at 10940 Tamiami Trail North, from a venture of Courtelis ...

Commercial Real Estate Direct Staff Report First Horizon Bank has provided $51 million of financing to help fund TerraCap Management's $70.4 million acquisition of the 240-unit Versol Apartments in Bonita Springs, Fla. Newmark arranged the loan, which has a four-year ...

TerraCap Management has paid $70.4 million, or $293,333/unit, for the 240-unit Versol Apartments in Bonita Springs, Fla., about 15 miles north of Naples, Fla. The Naples company bought the property from Milhaus of Indianapolis, which had developed it last year. ...

Equus Capital Partners Ltd. has paid $82.25 million, or $270.559/unit, for the 304-unit Inspira apartment property in Naples, Fla. The Philadelphia investment manager bought the property, at 7425 Inspira Circle, on behalf of its Equus Investment Partnership XI LP fund, ...

Greystone has provided $58.65 million of Freddie Mac financing against the 306-unit Amberton Townhomes in Naples, Fla. Meridian Capital Group arranged the 10-year loan on behalf of the property's owner, Embassy Group of Airmont, N.Y., which had bought it three ...