Rye Brook, New York-headquartered National Multifamily Corp. announced the sale of a 116-unit apartment complex located in Bridgeport, Connecticut, to a New York-city based investor for $14.1 million, or $121,552 per unit. The property had been held by the same family...
FCP, a Chevy Chase, Maryland-headquartered real estate investment firm, has acquired the Alexan Miramar Apartments, a newly constructed 250-unit multifamily community in Miramar, Florida. The Alexan Miramar offers studio, one-, two-, and three-bedroom apartments, with...
Trinity Investments, a Los Angeles-headquartered real estate investment firm, has acquired Seattle’s historic Fairmont Olympic Hotel. The 450-room luxury hotel opened in 1924 and spans an entire block of Downtown Seattle. The hotel features five dining offerings,...
Harbor Capital, the Texas-focused industrial real estate investment firm, has acquired Humble Business Park, an industrial property in Humble, a Houston-area city. The 13 new industrial buildings at the property features spaces ranging from 5,625 to 48,750 square...
The discount retailer Big Lots Inc. has announced it will begin going out of business (GOB) sales at all its remaining stores. The company, which declared bankruptcy in September, issued a statement that declared it did not anticipate completing its asset purchase...
Existing home sales were on the rise in November, according to new data from the National Association of Realtors (NAR). Last month, total existing home sales were up 4.8% from October to a seasonally adjusted annual rate of 4.15 million in November. On a...
