A venture of Trinity Investments and Credit Suisse has agreed to pay $850 million for the Diplomat Beach Resort and properties next to it in Hollywood, Fla. The venture is buying the properties from Brookfield Property Partners, which had...

First Citizens Bank is leading a $65.7 million loan for the construction of the 211-unit Spark Apartments in Redmond, Wash. The property is being developed by MainStreet Property Group of Kirkland, Wash., on a 2.2-acre site at 17515 NE...

Commercial Real Estate Direct Staff Report The buzz is that the venture between Varde Partners and Hawkins Way Capital paid $153.93 million, or $235,000/room, for the 655-room former New York Marriott East Side Hotel at 525 Lexington Ave. in...

High Street Residential has named Michael Adamo senior vice president, putting him in charge of expanding its apartment development business in the New York, New Jersey and southern Connecticut areas. Adamo joins the Trammell Crow Co. subsidiary from Rose...

Orlando Business Journal A venture of Prospect Real Estate Development Group and American Landmark is building a 355-unit apartment property in Kissimmee, Fla., a suburb of Orlando, Fla. The venture bought the 10.68-acre development site, at the northwest corner...