Georgia
Construction Launched on $70M, Dual-Branded Marriott
Marriott International and Noble Investment Group broke ground on AC and Moxy, a dual-Marriott-branded hotel in Midtown Atlanta. The five-story… Read more
Sheraton Hotel Sells for $64M
Arden Group acquired the 763-key Sheraton Atlanta Hotel at 165 Courtland St. N.E.in downtown Atlanta. Sellers Amerimar Enterprises and Contrarian… Read more
KDC Begins 1M-SF Park Center, Phase 2
KDC will commence the second phase of Park Center, at 1111 Hammond Dr. N.E. in Dunwoody, GA. The commercial real… Read more
Why Steadfast’s B Strategy is Plan A
By Dennis Kaiser Irvine, CA-based Steadfast Companies is one of the country’s most prolific apartment investors. In 2016 alone, the… Read more
Brookfield Fund to Pay $600M for First Core-Plus Deal
Brookfield Premier Real Estate Partners, a core-plus real estate fund managed by Brookfield Asset Management, is getting ready to close… Read more
As Preschoolers Grow, So Does Education
The childcare franchising industry brings in an average of $2.6 billion in annual revenue. Georgia-based Primrose Schools, an organization of… Read more
$1B Pediatric Hospital Planned for Atlanta
Children’s Healthcare of Atlanta will be building a pediatric hospital on 46 acres in the northeast Atlanta metro. The cost… Read more
Brisk Condo Presales Leading to Construction
Stoltz Partners LLC is readying to launch construction on The Sophie at Bayou Bend. The seven-story, 42-unit condominium building in… Read more
Troubled Hudson Valley Mall Sells for $8M
Hull Property Group, based in Augusta, GA, recently paid $8.1 million for the foreclosed Hudson Valley Mall in Kingston, NY.… Read more
Recapping CBRE’s Western Industrial & Office Conference
If you missed CBRE’s Western U.S. Industrial and Office Conference last week in DTLA, here’s a quick recap of what… Read more
Dallas-Fort Worth Leads National Demand for Industrial Space
Nationwide demand for industrial space is at an all-time high, and Dallas-Fort Worth is leading the way, according to a… Read more
Mesa West Originates $64M in Debt Financing for Two CA Assets
Los Angeles-based Mesa West Capital originated $63.8 million in short-term first mortgage debt in two separate financings secured by assets… Read more
550 Abernathy Apartments Snagged for $31M
StoneBridge Investments, based in Washington DC, acquired the 550 Abernathy Apartments in Atlanta, GA, for $31 million. Harbor Group, seller… Read more
Avison Young Buys Hotel AG, Launches Hospitality Group
Avison Young acquired Atlanta, GA-based hotel real estate brokerage company Hotel Assets Group (Hotel AG). With the purchase, Avison Young… Read more
CBRE Represents USAA in 10M-SF Portfolio Sale
CBRE represented USAA Real Estate Co. in the sale of its North American Logistics Portfolio. As ConnectMedia reported in December,… Read more
Troubled Parking Garage Sells to Australian Buyer
The Pontiac, MI city council recently voted unanimously to sell the downtown Phoenix Center parking garage to Australian software company BoonEx.… Read more
Partners Nab 540 Units in Southeast
Fogelman Properties, based in Memphis, TN, aligned with Dallas, TX-headquartered Thackeray Partners to acquire a total of 540 multifamily units,… Read more
CoreLogic: Foreclosures Still Declining
CoreLogic’s most recent foreclosure statistics (November 2016) showed 26,000 completed housing foreclosures nationally. The number represents a 26% decline from… Read more