High Street Residential, a Trammell Crow company, has closed on 4 acres at 5005 Perimeter Blvd in Brookhaven. It paid $11.5 million in an all-cash transaction. The Atlanta Business Chronicle reports High Street plans to develop around 350 apartments at…
Pine Grove Communities has secured a $36.4 million construction loan for Foxgrove on Castleberry, a 198-unit single-family rental community in Dawsonville, Georgia. Dawsonville is about an hour north of Atlanta. A CBRE team led by Mike Ryan arranged the financing….
The 590-room Sheraton Memphis Downtown Hotel is up for sale. The price for the town’s largest hotel was not disclosed. The two brokers handling the deal are Tim Osborne and Spencer Davidson, both with Hunter Hotel Advisors. Starwood Capital Group…
Braves Development, SK Commercial Realty and Goldenrod Companies have joined forces on a mixed-use development in Cobb County, not far from the home of the Atlanta Braves, Truist Park. The Henry will include about 650 apartments, 54 condos, a 250-key…
The owner of the Westin Tempe can’t make the loan payments, and unless something changes soon, it faces a foreclosure sale. The Phoenix Business Journal reports the lender for the 290-room hotel near Seventh Street and Mill Avenue in downtown…
Duke University paid an apartment owner $43 million to take over the Blue Light Living apartments. The school will add the apartments to the school’s housing inventory, instead of building new ones. The school plans to make a number of…
Stay a day or a year or anything in between. Jamestown is developing a new concept that will feature 405 fully furnished one or two bedroom units with a stocked kitchen and a number of other services at the guest’s…
Sunroad Enterprises is the beneficiary of a $149 million refinancing arranged by JLL. The financing involves a portfolio made up of three luxury properties in the Southeastern US. The 857-unit multi-housing portfolio is located in Georgia, South Carolina and North…
A nearly $1B Fifth Avenue sale and several midsized Midtown office leases were the highlights of the past week in New York City commercial real estate. TOP LEASES Fisher Brothers’ Park Avenue Plaza, located at 55 E. 52nd St., is…
Hines has advanced its plans for Clari Park, a 78-acre mixed-use destination located in Murfreesboro, Tennessee. As part of the development’s first phase, Hines acquired an 11.4-acre land parcel and commenced construction on a Class A 300-unit multifamily community, The…
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