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Hyatt in Exclusivity Talks with Playa Hotels & Resorts

Hyatt in Exclusivity Talks with Playa Hotels & Resorts

by Phil Hall | Dec 23, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Hyatt Hotels Corporation (NYSE: H), has executed an exclusivity agreement with Playa Hotels & Resorts NV (NASDAQ: PLYA), the owner/operator and developer of resorts in Mexico, Jamaica and the Dominican Republic. According to the companies, Playa agreed to...
116-Unit Connecticut Multifamily Complex Sells for $14.1 Million

116-Unit Connecticut Multifamily Complex Sells for $14.1 Million

by Phil Hall | Dec 20, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

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...
Trinity Investments Acquires Historic Seattle Hotel

Trinity Investments Acquires Historic Seattle Hotel

by Phil Hall | Dec 20, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

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,...
Connecticut Data Center Sells for $10 Million

Connecticut Data Center Sells for $10 Million

by Phil Hall | Dec 16, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Aphorio Carter Critical Infrastructure Fund LLC, a 506(c) private placement offering focused on data centers and technology-related real estate, has acquired Connecticut’s Trumbull Data Center for approximately $10 million. The property was originally built in 1960 in...
JVM Realty Acquires 236-Unit Wisconsin Apartment Community

JVM Realty Acquires 236-Unit Wisconsin Apartment Community

by Phil Hall | Dec 13, 2024 | Current News & Events, Market Snapshot, Real Estate Investing, Real Estate News, WRE News Exclusive

JVM Realty Corp., a multifamily real estate investment and property management firm, has acquired Mayfair Reserve, a 236-unit luxury apartment community in Wauwatosa, Wisconsin. The property was purchased from Atlantic Residential, a private commercial real estate...
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