Schochet Cos. has paid $20.4 million, or $156,923/unit, for the 130-unit Bay View Estates in Portsmouth, R.I. The Braintree, Mass., company acquired the apartment property from a venture of Chestnut Hill Realty of Chestnut Hill, Mass., and Lisco Development of ...
Boston Real Estate Times Waterstone Properties Group has lined up $29 million of financing against the 170,800-square-foot Portsmouth Green retail center at 2454 Lafayette Road in Portsmouth, N.H. The Needham, Mass., company is redeveloping the property, whose tenants include McKinnon's ...
Chatham Lodging Trust has paid $43.5 million, or $332,060/room, for the 131-room Hilton Garden Inn Portsmouth Downtown in Portsmouth, N.H. The Palm Beach, Fla., REIT bought the 11-year-old hotel, at 100 High St., from developer XSS Hotels of Hooksett, N.H. ...
Grubb & Ellis financed the Heights property with a $10.5 million mortgage from Freddie Mac, $3.2 million of financing from Wachovia and $3.2 million from NNN Realty.
Grubb & Ellis financed the Myrtles property with a $20.1 million mortgage from Freddie Mac, a $6.8 million loan from Wachovia Bank and $6.8 million of unsecured financing from NNN Realty Advisors, a Triple Net affiliate.
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