Investment
JLL Arranges Sale, Secures Financing for Houston Self-Storage Asset
Simply Self Storage has acquired Access Self Storage at 650 Bay Area Blvd. in Houston.
City Office Snags $76M Office Portfolio in Florida
The properties are anticipated to generate an initial full-year cash net operating income yield of approximately 8.3% based on the purchase price and the estimated cost of planned capital improvements.
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.
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.
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.
C&W Handles Major Multifamily Deal in Orlando
Built in 2016, Integra Cove Apartments features amenities such as a swimming pool with poolside grilling station and a wireless café with Mac and PC workstations.