Commercial Real Estate
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
Nautilus 220, Luxury Mixed-Use Development, Opens in Florida’s Palm Beach County
Nautilus 220 features 330 condominium residences in two 24-story towers. Continue Reading Nautilus 220, Luxury Mixed-Use Development, Opens in Florida’s Palm Beach County
G. Joseph Cosenza, Co-Founder and Vice Chairman of Inland Real Estate Group of Companies, Dies at 81
He also served as past chairman of the board of American National Bank of DuPage. Continue Reading G. Joseph Cosenza, Co-Founder and Vice Chairman of Inland Real Estate Group of Companies, Dies at 81
Tech Mogul Larry Ellison Buys London Office Property for $202.8 Million
The property last changed hands in 2017 for roughly $219 million. Continue Reading Tech Mogul Larry Ellison Buys London Office Property for $202.8 Million
Floyd Mayweather’s Christmas Gift: $20 Million Manhattan Retail Property
“I never thought I would end up owning this important property at the entrance of 47th Street,” said the boxing legend. Continue Reading Floyd Mayweather’s Christmas Gift: $20 Million Manhattan Retail Property
Connecticut Office Property Sells at Significant Loss
The property previously sold in July 2014 for $13.5 million. Continue Reading Connecticut Office Property Sells at Significant Loss
Strawberry Fields REIT Buys 6 Kansas Healthcare Facilities for $24 Million
The six facilities are comprised of five skilled nursing facilities and one assisted living facility with 354 licensed beds. Continue Reading Strawberry Fields REIT Buys 6 Kansas Healthcare Facilities for $24 Million
Marcus & Millichap Closes $88.5 Million Sale of 31-Property Portfolio
The properties are in Connecticut, Massachusetts, New Hampshire, Maine, New York, Rhode Island, and Vermont. Continue Reading Marcus & Millichap Closes $88.5 Million Sale of 31-Property Portfolio
DLC Pays $76.25 Million for Two Shopping Centers in Columbus, Ohio
The properties are approximately 99% occupied. Continue Reading DLC Pays $76.25 Million for Two Shopping Centers in Columbus, Ohio
Hyatt in Exclusivity Talks with Playa Hotels & Resorts
Playa agreed to negotiate exclusively with Hyatt regarding potential strategic alternatives, which may include the acquisition of Playa by Hyatt. Continue Reading Hyatt in Exclusivity Talks with Playa Hotels & Resorts
Senate Approves RFK Stadium Transfer from Federal to DC Government
The Senate voted Saturday morning on the stadium bill. Continue Reading Senate Approves RFK Stadium Transfer from Federal to DC Government
Retail Chain Party City is Going Out of Business
The company is not providing its staff with severance pay. Continue Reading Retail Chain Party City is Going Out of Business
