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An affiliate of GMH Communities Trust paid $33.3 million for Seminole Suites, 924-bed student housing property serving Florida State University, Tallahassee Community College and Florida A&M University in Tallahassee, Fla. The Newtown Square, Pa., REIT funded the acquisition with $20.4 ...
College Park Management, GMH's student housing division, will operate and manage the property.
The Phoenix REIT has agreed to acquire the 1.1 million-square-foot Northgate Mall in Cincinnati for about $110 million. It is also looking to buy the Tallahassee Mall in Florida for about $65 million.
February 23, 2005 American Campus Communities Inc. has completed its purchase of The Grove at University Club, a 128-bed student-housing community near Florida State University in Tallahassee, Fla. The purchase price of about $6 million included the assumption of $4.4 ...
February 8, 2005 American Campus Communities Inc. (NYSE:ACC) has purchased four student housing communities in Florida from ventures managed by Thomas C. Proctor. The Austin, Texas, REIT, which invests solely in student housing properties, paid about $47.5 million. American Campus ...
August 16, 2004 Bear Stearns has provided $42.5 million of financing to Radiant Partners LLC for Santa Rosa Mall in Mary Esther, Fla., a suburb west of Fort Walton Beach. Santa Rosa Mall was built in 1976 and was completely ...
January 27, 2004 Equity Inns Inc. (NYSE:ENN), a REIT based in Germantown, Tenn., has closed on its purchase of a 93-room Courtyard by Marriott hotel in Tallahassee, Fla., for $9.76 million from McKibbon Hotel Group Inc. McKibbon will continue to ...
November 24, 2003 Tampa Bay Business JournalThe developer of the $28 million Victory Lofts project in Tampa, Fla., has secured financing to keep construction on schedule. Colonial Bank provided a loan last week.
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