Bistricer on Inside Track for Brooklyn Hospital Site
David Bistricer has the inside track to buy the Caledonian Health Center, a former hospital in Brooklyn's Prospect Park area. The property can be redeveloped into roughly 250 apartment units. The property's owner filed for bankruptcy protection two years...
1.7Mln SF Added to Phoenix’s Office Inventory
The Business Journal of PhoenixAbout 1.7 million square feet of new office space came online in Phoenix during the first-quarter of 2007, according the Second Quarter 2007 Korpacz Real Estate Investors Survey. Most of new office space is in...
Pasadena Apartments Sell for $500,000/Unit
A private group has paid $32 million for the Town Homes at Orange Grove Circle, a 64-unit residential property in Pasadena, Calif.The group, which is operating as Orange Grove Circle Communities LLC, purchased the property from a venture led...
City of San Francisco Pays $71.5Mln for Downtown Offices
San Francisco Chronicle The city and county of San Francisco has paid $71.5 million for One South Van Ness, a 450,000-square-foot office building in the city's downtown. TMG Partners, a San Francisco developer, sold the property, which it acquired...
Aloft Hotel Planned for Las Vegas
Las Vegas Review-Journal Jeff LaPour, a Las Vegas developer, is planning to construct a 230-room Aloft Hotel in Las Vegas. The hotel will sit on a 5.4-acre parcel at Paradise Road between a La Quinta Inn and Candlewood Suites....
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