Deals
CBRE & CREC Co-Broker $58M Deal in Miami Metro
The sale of the 164,848- square-foot 2121 Ponce office building marks one of the largest commercial real estate transactions to take place in Coral Gables this year.
Commonwealth Office Tower Sells for $69M
One of the first glass box, mid-century design towers ever built sold for $69 million.
Apollo Funds Engaged to Buy Diamond Resorts
Apollo Global Management is set to acquire the resort company for a whopping $2.2 billion.
Pattern Energy Plans $269M NM Purchase
The company will retain an owned interest of 272 megawatts in the Broadview wind power facility near Clovis, N.M.
Gramercy Sells Stake in European Development Trust
The REIT has disposed of a 74.9 percent interest in a nine-property logistics portfolio in Germany and France.
Prime DC Area Hotel Changes Hands
Hospitality REIT Carey Watermark Investors 2 acquired the 154-key property known before 2012 as Arlington’s Hotel Palomar.
$153M Luxury Hotel to Rise in Music City
Skanska will manage construction of a new JW Marriott hotel in Nashville’s SoBro District.
AccorHotels Completes $550M European Sale
The portfolio bought by Grape Hospitality includes 85 properties, mostly economy and mid-scale, of which 61 are located in France.
Seattle Airport Marriott Sells, Changes Management
Recently acquired by AWH Partners from Host Hotels & Resorts, the 459-key property will undergo extensive renovations.
CBRE Arranges Sale, Financing for Suburban Philly Retail Center
A Poag Shopping Centers joint venture is the new owner of The Shops at Valley Square lifestyle center in Warrington, Pa.