Research Center
Portland-Area Lodge Purchase Brings Pebblebrook’s Five-Month Buying Binge to $425M
Pebblebrook Hotel Trust, which has averaged approximately one acquisition a month since its first purchase in June, has bought the upper-upscale Skamania Lodge in Stevenson, Wash., from Lowe Enterprises Investors in a $55.8 million, all-cash deal.
Healthcare Trust to Add 960,000 SF to MOB Portfolio for $196.6M
With locations on and off hospital campuses, the MOB portfolio encompasses assets in Albany, N.Y.; North Adams, Mass.; and Temple Terrace, Fla.
KBS Legacy Partners Apartment REIT Spends $36.1M on First Asset
Dakota Hill is a 504-unit Class A complex in Dallas’ Valley Ranch/Irving submarket.
Ventas Portfolio, Profile to Swell with $3.1B Atria Purchase
A new deal is turning heads in the seniors housing market, a deal that will put Ventas Inc. at the very head of the table: namely, the healthcare REIT’s definitive agreement to acquire 118 premier properties from Atria Senior Living Group, the nation’s fourth-largest assisted living property operator, in a transaction valued at $3.1 billion.
GGP to Exit Bankruptcy in Early November
General Growth Properties Inc.’s improbable fight to survive is about to become a reality.
Voit Sells 157,300-SF Industrial Property in Southern California
The property was sold to Australian real estate investment trust DEXUS Property Group.
Savills Advises Fortress, Northstar on $72M Mezzanine Loan Sale on Columbia Sussex Hotel Portfolio
The portfolio was sold to The Blackstone Group for an undisclosed price.
Behringer Harvard Purchase 560-Unit Fort Lauderdale Apartment Asset
Acting on behalf of Behringer Harvard Opportunity REIT II Inc., Dallas-headquartered Behringer Harvard has acquired the 560-unit Parrot’s Landing Apartments in North Lauderdale, Fla., partnering with Denver-based Grand Peaks Properties but retaining a 90 percent ownership stake.
GGP Strikes $230M Deal Over Disputed Las Vegas Assets
The agreement disclosed on Monday closes the legal battle over the 22,500-acre master planned community about 12 miles from Downtown Las Vegas.
SL Green to Trade Midtown Manhattan Office Building for $123.2M
Continuing its portfolio repositioning strategy, New York City-based SL Green Realty Corp. has inked a deal to sell the 292,000-square-foot office building at 19 West 44th Street to Deka Immobilien.