Star-Advertiser A joint venture of Chartres Lodging Group and a fund managed by Morgan Stanley Real Estate Investing has bought the 451-room Ocean Resort Hotel Waikiki. A purchase price was not disclosed. The two-tower property, which sits on leasehold land ...
CWCapital has provided $89.9 million in construction financing under a Federal Housing Administration program for a 389-unit apartment project in Gaithersburg, Md. Archstone is developing the property on six acres south of the intersection of North Summit and East Diamond ...
Baltimore Business JournalMerritt Properties has purchased the Exchange, an 88,257-square-foot building at 1122 Kenilworth Drive in Towson, Md. Riderwood Associates LP sold the property, which is estimated to have sold for $16 million.Copyright © 2010 Commercial Real Estate Direct www.crenews.com
Commercial Real Estate Direct Staff ReportAn investor group led by Colony Capital and Cogsville Group has acquired stakes in two portfolios of failed-bank assets from the FDIC.The team had earlier this year purchased a 40 percent stake in a $1.85 ...
Dallas Morning NewsThe Dallas-area office market saw a drop in vacancy during the fourth quarter, to 21.1 percent, according to Cushman & Wakefield. The drop, however, does not offset the overall losses the sector incurred this year, the brokerage said. ...
Crain's Chicago BusinessNine development groups that include John Buck Co., Golub & Co., McCaffery Interests Inc., Related Cos., Fifield Cos. and Magellan Development Group have placed bids on the Children's Memorial Hospital redevelopment in Chicago. The six-acre development site, at ...
Crain's Chicago BusinessA joint venture led by Golub & Co. of Chicago has lined up fresh debt for Streeter Place, a 480-unit apartment property in the Chicago suburb of Streeterville, Ill. Massachusetts Mutual Life Insurance Co. provided an $87 million ...
First Potomac Realty Trust has provided $25 million of financing for 950 F St. NW, a 286,678-square-foot office building in Washington, D.C.While the Bethesda, Md., REIT generally makes investments in properties themselves, it has been looking to acquire and originate ...
Commercial Real Estate Direct Staff ReportEaton Vance Corp. has sold the 308-unit Marymont at Laurel Lakes apartment complex in Laurel, Md., for about $43 million to Pantzer Properties.The Boston investment manager took full ownership of the property a few months ...
Commercial Real Estate Direct Staff ReportBentall Kennedy has paid $102 million for the 453-unit Ashton at Dulles Corner apartment complex in Herndon, Va.The property was acquired from Fairfield Residential Co., a San Diego firm that emerged from bankruptcy reorganization in ...
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