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Commercial Real Estate Direct Staff Report The 261-unit Calais Park Lofts Apartments in St. Petersburg, Fla., has been sold to 29th Street Capital, a San Francisco investment manager that pursues value-add opportunities in the apartment sector. The company bought the ...
Brass Enterprises Inc. has paid $107.6 million, or $309,195/unit, for the Hermitage Apartment Homes in St. Petersburg, Fla. The Toronto investor bought the 348-unit property from the Allen Morris Co. of Coral Gables, Fla., which had developed it. Walker & ...
Tampa Bay Business Journal Excel Hospitality Inc. has sold the Grand Plaza Hotel and Beachcomber Beach Resort Hotel, with a combined 258 rooms in St. Petersburg, Fla., for $100 million, or about $387,597/room. A venture led by Gencom of Miami ...
TD Bank provided $11.9 million of financing on behalf of the buyer.
Tampa Bay Business Journal East Gate Alliance has paid $19.2 million, or about $213.08/sf, for the 90,109-square-foot Marketplace Shopping Center in St. Petersburg, Fla. Regency Centers Corp. sold the property, at 6802-7088 22nd Ave. North, in a deal brokered by ...
SCG Hospitality has paid $188.5 million, or $520,718/room, for the Vinoy Renaissance hotel in St. Petersburg, Fla. The Tampa, Fla., company bought the 362-room property from RLJ Lodging Trust, a Bethesda, Md., REIT that was represented by HFF. RLJ assumed ...
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