Commercial Real Estate
Historic California Hotel Acquired by Native American Tribe
The 238-room Mission Inn Hotel & Spa in Riverside was purchased by the Yuhaaviatam of San Manuel Nation in Highland. Continue Reading Historic California Hotel Acquired by Native American Tribe
CMBS Delinquency Rate Dips by Single Basis Point
The five largest newly delinquent loans accounted for just over $1.26 billion of the roughly $2.63 billion in newly delinquent loans. Continue Reading CMBS Delinquency Rate Dips by Single Basis Point
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
Trinity Investments Acquires Historic Seattle Hotel
The 450-room luxury hotel opened in 1924 and spans an entire block of Downtown Seattle. Continue Reading Trinity Investments Acquires Historic Seattle Hotel
Harbor Capital Acquires Houston-Area Industrial Property
The 13 new industrial buildings at the property features spaces ranging from 5,625 to 48,750 square feet. Continue Reading Harbor Capital Acquires Houston-Area Industrial Property
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