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Denver Investor Enters San Antonio Market
By Anca Gagiuc, Associate Editor Privately owned hotel operating and development company Silverwest Hotels LLC entered the San Antonio market with the acquisition of three Hilton- and Marriott-branded...
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Boutique M-F Asset Attracts Buyer From Down Under
By Anca Gagiuc, Associate Editor Austin’s flourishing economy attracts investors around the country, and in recent years international players have started taking notice, too. Recently, Australian real...
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Extell Buys, Sells in the Diamond District
By Veronica Grecu, Associate Editor 25 W. 47th Street – Manhattan Diamond District A 77-year-old mixed-use building in Manhattan’s glitzy Diamond District changed hands for $15.4 million last month. As...
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Right Financing Seals Deal
By Anca Gagiuc, Associate Editor San Antonio’s apartment market is pretty hot, with sellers pushing new record pricing on quality assets. The latest sale to prove this statistic is Sir Winston Villas...
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NAI Capital Closes Sale on Retail Asset in Inland Empire
By Anca Gagiuc, Associate Editor The former Mervyn’s building at Ridgecrest Town Center in the city of Ridgecrest is under new ownership. The retail asset was acquired from China Lake 700, LLC by...
View ArticleSunbelt Shedding Inventory at a Fast Pace in SoCal
By Alex Girda, Associate Editor Last year, Sunbelt Enterprises LLC orchestrated an initiative to move a substantial amount of its commercial real estate portfolio. The company started by naming Robert...
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Michigan’s Second-Largest Conference Center Hotel Up for Grabs
By Veronica Grecu, Associate Editor The second-largest hotel and conference center in the state of Michigan changed its name so many times over the past few years that a new change—this time in...
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Lowell’s Prince Macaroni Factory: A Voyage from Pasta to Data Storage
By Veronica Grecu, Associate Editor The run-down factory that was once famous for producing one of America’s most beloved pasta brands left its spaghetti past behind and is now going through some major...
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Former Evergreen HQs in Devens Sold for 400 Percent Profit
By Veronica Grecu, Associate Editor A troubled manufacturing facility in Devens, MA, changed hands last month for $36.05 million in a transaction brokered by CBRE/New England. Three years after paying...
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Canadian Investment Trust Lands Mortgages on FedEx Warehouses
By Anca Gagiuc, Associate Editor Canadian investment trust Pure Industrial Real Estate Trust (PIRET) has expanded its industrial portfolio by obtaining financing for eight of 11 properties in a FedEx...
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A Car Collector’s Dream Turns Real in Pontiac
By Veronica Grecu, Associate Editor M1 Concourse rendering – Pontiac MI Remember two years ago when we reported on Brad Oleshansky’s vision to build a car condo complex on a vacant parcel formerly...
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Investor Likes the Terrain Near Williamson Creek
By Anca Gagiuc, Associate Editor Terrain Apartments South Austin multi-family properties continue to attract investors. One of the latest examples: Terrain, a 101-unit apartment community four miles...
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Austin Capital Advisors Eyes Growth in N. Austin Asset
By Anca Gagiuc, Associate Editor Lantana Trace Apartments Austin Capital Advisors has acquired a garden-style multi-family community in Austin’s thriving North submarket. The property’s Austin-based...
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Canadians Invest in River City
By Anca Gagiuc, Associate Editor After a period of silence, San Antonio’s investment market seems to be making a comeback, catching the eye of institutional investors. The Park at West Avenue...
View ArticleMedically Anchored Retail Center Appeals to Californian Firm
By Anca Gagiuc, Associate Editor Culebra-Crown Meadows Ltd., an affiliate of Carmichael Development Co., has sold the Crown Meadows Shopping Center in San Antonio for an undisclosed amount. HFF...
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Northwest San Antonio Goes Country
By Anca Gagiuc, Associate Editor The upper-midscale hotel brand Country Inns & Suites by Carlson announced the signing of Country Inn & Suites By Carlson, San Antonio Medical Center. The hotel...
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NYC Investor Takes 2 Office Buildings
By Anca Gagiuc, Associate Editor Wells Fargo Building Valor Capital Partners joins the growing roster of investors attracted to Austin’s office market. Recently, the New York City-based firm announced...
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New Flagship Development – French Quarter to City Park Connector
By Anca Gagiuc, Associate Editor Sidney D. Torres, IV As The City That Care Forgot approaches the fatidic date ten years ago when Hurricane Katrina left it 80 percent flooded, a nine-acre plot sale...
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REIT Expands Footprint with Parkside Buy
By Anca Gagiuc, Associate Editor Parkside Village Just two months after making its Austin debut, Whitestone REIT has expanded its Central Texas portfolio by acquiring a pair of community centers....
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Ultima’s Shopping Spree in Suburban Boston
By Veronica Grecu, Associate Editor An investment and hotel management company scored again in suburban Boston with the acquisition of the DoubleTree by Hilton Hotel Boston – Westborough. DoubleTree by...
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