Commercial Real Estate Direct Staff Report The appraised value of the former Four Points by Sheraton - San Jose hotel in San Jose, Calif., has been appraised at a value of $16.7 million. That's down from its $46.5 million appraised ...
The Real Deal Lightstone Group has lined up $345.8 million of financing against a hotel and an apartment property it owns in New York City. The New York REIT borrowed $177.8 million from an unidentified lender for the 350-room Moxy ...
Crain's New York Business The Related Cos. is planning to construct a mixed-use project with retail, hotel and residential condominium space at 625 Madison Ave. in midtown Manhattan. The New York investor last year paid SL Green Realty Corp. $632.5 ...
Madison Realty Capital has provided $133 million of financing to fund the completion of the 379-room Aloft hotel at 450 Eleventh Ave. in Manhattan's Hudson Yards section. The 51-story building is being developed across from the Javits Center convention center ...
The Real Deal The 1,331-room Row Hotel at 700 Eight Ave. in Manhattan is being listed for sale with the owners seeking $350 million for the property. Eastdil Secured has been hired to find a buyer. A leasehold interest in ...
The Richmond, Va., company sold the hotels - the 122-room Hampton Inn at 4501 West Walnut St. and the 126-room Homewood Suites at 4302 West Walnut - to an investor group.
South Florida Business Journal An affiliate of CL Hotels has bought the 97-room Circa 39 Hotel in Miami Beach, Fla., for $25.55 million, or about $263,402/room. The local hospitality company purchased the property from a venture of Black Salmon of ...
Citigroup, JPMorgan Chase Bank and Argentic Real Estate Finance have provided $103 million of financing against Casa Cipriani, which contains a 47-room hotel, private club and event space at 10 South St. in lower Manhattan. The fixed-rate loan allowed the ...
Crain's New York Business Yellowstone Real Estate Investments is planning to convert the upper floors of the 24-story Candler Building at 220 West 42nd St. in Manhattan's Times Square area into a 265-room hotel. Yellowstone had acquired the 111-year-old building ...
REBusiness Online A venture of DSM Real Estate Partners and Garage Cap has plans to build a 125-room hotel in Roswell, Ga., about 22 miles north of Atlanta. The boutique property, which will be a Chambray Hotel, will stand five ...
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