April 21, 2014
CONCORD HOSPITALITY SELLS 13-HOTEL PORTFOLIO FOR $240M

RALEIGH, N.C. — Concord Hospitality Enterprises has sold a portfolio of 13 hotels in an all-cash transaction to companies owned by an unnamed global investment fund for approximately $240 million. The portfolio is comprised of 1,650 rooms representing 11 Marriott and two Hilton-... More
 
 

SOUTHEAST  
EASTERN UNION ARRANGES $21.5M CMBS LOAN FOR OFFICE BUILDING CONVERSION
  

BALTIMORE — Eastern Union has arranged a $21.5 million CMBS loan for the conversion of t...more

 
PCCP LLC PROVIDES LOAN FOR HOTEL INDIGO IN...  
ALLEN MORRIS CO. BUYS LAND IN ST. PETERSBU...  
MID-ATLANTIC COMMERCIAL BROKERS SALE OF DE...  
MARCUS & MILLICHAP ARRANGES SALE OF TUPELO...  
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NORTHEAST  
230-ROOM CITIZENM NEW YORK OPENS IN TIMES SQUARE
  

NEW YORK CITY — Amsterdam-based citizenM has partnered with Brack Capital Real Estate to...more

 
200-UNIT MULTIFAMILY PROPERTY SELLS FOR $3...  
BINSWANGER BROKERS 265,600 SF INDUSTRIAL F...  
HFF SECURES $165 MILLION FINANCING FOR FOU...  
WARREN PLAZA SELLS FOR $3 MILLION IN SPRIN...  
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TEXAS  
TANGLEWOOD PROPERTY GROUP ACQUIRES 101,000 SF OFFICE BUILDING IN HOUSTON
  

HOUSTON — Tanglewood Property Group (TPG) has acquired a 101,000-square-foot office...more

 
CBRE BROKERS SALE OF 29,200 SF RETAIL PROP...  
M&M BROKERS 15,280 SF SELF STORAGE SALE IN...  
NAI HOUSTON ARRANGES 21,000 SF INDUSTRIAL ...  
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MIDWEST  
BERNARD FINANCIAL ARRANGES $24.5M LOAN TO REFINANCE DETROIT OFFICE BUILDING
  

DETROIT — Bernard Financial Group has arranged a $24.5 million, non-recourse CMBS loan t...more

 
ESSEX BROKERS $2.4M SALE OF APARTMENT BUIL...  
M&M ARRANGES SALE OF SEVEN-UNIT APARTMENT ...  
L. MASON CAPITANI TO OVERSEE LEASING AT TW...  
more news
 
WESTERN  
SAN MARBEYA APARTMENTS IN TEMPE RECEIVES $29M REFI
  
TEMPE, ARIZ. — The 276-unit San Marbeya Apartments in Tempe has receiv...more  
MIRAMAR SQUARE SHOPPING CENTER IN SAN DIEG...  
SANDSTONE APARTMENTS IN MESA RECEIVES $8.9...  
HANES LEASES DISTRIBUTION FACILITY IN PHOE...  
CALIFORNIA CASUALTY RENEWS AT TALAVI CORPO...  
more news
 


Baltimore Multifamily
Millenials Drive Strong Apartment Growth — 04-21-14
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El Paso Industrial
Trends Point to Continued Improvement in El Paso Industrial Market — 04-18-14
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Manhattan Office
Manhattan Office Market: Rents Up, Sale Prices Comparable to Last Year — 04-17-14
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CONSTRUCTION EMPLOYMENT CONTINUES TO EXPAND IN MANY METRO AREAS, DATA SHOWS

Construction employment expanded in 175 metro areas, declined in 106 and was stagnant in 58 between February 2013 and February 2014, according to a new analysis of federal employment data released this month by the Associated General Contractors of America. Despite the gains, construction employ...
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