Business Specialties
Life Time Fitness Purchases a 232 KSF Office/Distribution Building in NY
Life Time Fitness bought an office/distribution building in Harrison, which it plans to raze, and build a state-of-the-art fitness center on the 24-acre site.
Wheelock Street Capital Buys 15 Hotels for $221M
Wheelock Street Capital purchased 15 hotels in nine states in two separate transactions for $221 million.
Bridge Sells 163 KSF Suburban Class A Chicago Office
Bridge Development Partners sold a suburban four-story office building in Chicago to Cole Real Estate Investments.
IPA, Rockefeller Group JV to Develop Apartments in Phoenix Suburbs
Investment Property Associates and The Rockefeller Group are developing a Class A apartment community in Gilbert, Ariz.
NYC’s Essex House Sells to Strategic Hotels for $362M
Strategic Hotels in a JV bought the famous Essex House Hotel in Manhattan’s Central Park South for a whopping $362 million.
$243M Financing Package Arranged for Trophy Office Building in DC
Republic Properties refinanced Portals III, a premier office tower in Washington D.C., for $243 million.
Transwestern Kicks Off 600 KSF Houston Office Project
Transwestern is developing a premier 660,000-square-foot office project in a joint venture with Miller Global.
Four Seasons to Open Flagship Hotel in Toronto
Four Seasons is opening a two-tower hotel in the heart of Toronto’s most fashionable neighborhood.
KKR, Beecken Petty O’Keefe, Coastwood Senior Housing to Invest $130M in Sunrise Senior Living
KKR and two other companies in a JV will invest $130 million in Sunrise Senior Living. The transaction is expected to close in the first half of 2013.
New KSU Hotel & Conference Center Project to Create Jobs, Economic Growth
By Adrian Maties, Associate Editor A new, $15.6 million Kent State University project will bring a hotel and conference center to downtown Kent and create hundreds of jobs, and spur regional tourism growth and economic development. The Kent State University Foundation, The Pizzuti Cos. of Columbus, the city of Kent, the Development Fund of the […]