City: Savannah

Square Mile Capital Management has provided $108.5 million of financing to help fund JEM Holdings' $153 million, or $500,000/sf, purchase of the 306-unit Riverworks apartment property in Savannah, Ga. JEM is a New York investor formed 10 years ago by ...

ACRES Capital Corp. has provided $24 million of financing for the construction of the Lowe, a 135-unit apartment property in Savannah, Ga. The loan, which should take the property through stabilization, was arranged by JLL. The property is being developed ...

Atlanta Business Chronicle Thomas & Hutton is planning to build a 17.5 million-square-foot industrial project in Ellabell, Ga., about 23 miles west of Savannah, Ga. The project has been proposed for 10 land parcels on U.S. Highway 80 North and ...

Charlotte/Raleigh CityBizList Exeter Property Group has bought the 281,467-square-foot distribution facility near Savannah, Ga., for $19.6 million, or about $69.64/sf. The seller was not identified. JLL Capital Markets brokered the deal. The property is on 24 acres at 110 Little ...

Atlanta Business Chronicle Foram Group has proposed developing a 3.7 million-square-foot industrial project near Savannah, Ga. The property will be called Bloomingdale Industrial Park and is being planned for a development site along Interstate 16 in Bloomingdale, Ga. It's expected ...

Dallas CityBizList An affiliate of Encore Hospitality LLC has bought the 146-room Fairfield Inn & Suites Savannah Midtown in that Georgia city. The Dallas company acquired the property, at 5801 Abercorn St., from North Point Hospitality Group of Atlanta. HREC ...

Ramsfield Hospitality Finance and CarVal Investors have provided $76.5 million of financing against the 403-room Westin Savannah Harbor Golf Resort & Spa in Savannah, Ga. The floating-rate loan was used by the property's owner, Clearview Hotel Capital, to refinance a ...

Atlanta Business Chronicle McCraney Property Co. has proposed developing the multiphase Logistics 16 at Ottawa Farms distribution center near Savannah, Ga. The West Palm Beach, Fla., company's plans for the industrial property's first phase includes nine buildings totaling 5.6 million ...

Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc. has sold two hotels with 284 rooms in Georgia and Wisconsin for $37.8 million. The Dallas REIT sold the 156-room Courtyard by Marriott Savannah Downtown in Savannah, Ga., for $30 ...