Valuation: Between $25 million and $50 million

Tokyu Corp. is said to be close to sewing up a deal to sell the Pan Pacific Hotel in San Francisco for about $46 million, or $140,000/unit.

A San Francisco-based firm is close to buying Ten Thousand North Central Expressway, locals say. CB Richard Ellis has been marketing the Class-A office building on behalf of J.P. Morgan Investment Management.

July 14, 2003 Greenstreet/Niosi Capital Partners has paid $25.3 million for three office/flex buildings and 27 acres in The Central Florida Research Park, located about 12 miles from Orlando's central business district.The investment firm teamed with Taurus Investment Holdings, based ...

July 14, 2003 Bear Stearns Commercial Mortgage has provided a $28 million acquisition loan to finance First Union Plaza, a 235,979-square-foot, Class-A office property in Durham, N.C.Bear Stearns also provided a $3.7 million mezzanine loan. The New York and Los ...

July 11, 2003 Weingarten Realty Investors (NYSE:WRI) has bought two shopping centers in Miami and suburban St. Louis in deals totaling $37.7 million.The Houston-based REIT bought the Tamiami Trail Shops, a 110,900-square-foot center in Miami from Woolbright Tamiami Ltd. The ...

July 11, 2003 Continental Development Corp. has paid $42.5 million for Skypark Center, a 22-acre campus-style office and medical development in Torrance, Calif.The El Segundo, Calif., developer bought the nine-building complex from Archon Group, a unit of Goldman Sachs that ...

July 10, 2003 Triad Business JournalArchstone Communities has sold the 404-unit Archstone Tyvola Centre apartments in southwest Charlotte to a group sponsored by Greensboro-based Steven D. Bell & Co. The $30.2 million sale closed on June 19. Bell has renamed ...

July 10, 2003Charter Municipal Mortgage Acceptance Co. (Amex:CHC) and its Related Capital Co. affiliate have provided $24 million for two Iowa apartment complexes.The two properties, ChapelRidge of Cedar Rapids and ChapelRidge of Council Bluffs are being developed by ERC Inc., ...

July 9, 2003 New York Daily NewsTwo Trees Management has paid the City of New York $45 million for the Board of Education's former headquarters building in downtown Brooklyn. The development firm plans to turn the building at 110 Livingston ...

July 8, 2003 The Miami HeraldM Resort Residences has closed on a $49 million construction loan for the 25-story, 210-unit oceanfront condo-hotel tower under construction at 18683 Collins Ave. in Sunny Isles Beach, Fla. Financing will be provided through a ...