Berkadia secured financing for Axonic Properties’ acquisition of 246 out of 361 condo units at Palmera Pointe Apartments, located in the Town ‘n’ Country submarket of Tampa, Florida. Berkadia’s Mitch Sinberg led a team that secured a $32.23 million loan…
Ashford Hospitality Trust is looking to raise capital by selling off some assets. Five of those properties are in Georgia. One is the 444-room Ritz-Carlton Atlanta. The other assets at various stages of being available for sale: 351-room Hyatt Savannah – Savannah, GA…
While golf experienced a shot in the arm during the Covid pandemic, several clubs are facing the reality of the need to renovate their dated facilities. The Country Club of Gwinnett is scheduled to be sold at an online auction…
BWE, a national commercial and multifamily mortgage banking company, has secured $19,750,000 in acquisition financing for a 326-unit low-rise apartment portfolio in Clinton Township, Michigan, part of the Detroit metropolitan area. Adam Gould, senior vice president in BWE’s Detroit office,…
The Regents of the University of California, on behalf of the University of California, Irvine, entered into a definitive agreement with Tenet Healthcare Corporation to acquire Tenet’s Pacific Coast Network for $975 million. The network will become part of UCI…
Legacy Ventures, an Atlanta hospitality investment, development and management company, has an agreement to purchase the 100-year-old Dillard House. The 100-acre property is located on Highway 441 in Rabun County, Georgia. The resort includes 92 guest rooms, a Southern restaurant,…
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…
Berkeley Partners has sold a 141,481-square-foot, three-building industrial portfolio for $18.2 million in Norcross, GA, to Unilev Capital. The deal marks Unilev Capital’s expansion in the Southeast U.S. Unilev’s Ian Konowitch added, “We are excited about expanding our industrial footprint into…
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….
Mintel, a global market intelligence agency, has relocated from a 26,000-square-foot office at 333 W. Wacker Drive in the West Loop to 203 N. LaSalle. Transwestern Real Estate Services represented building ownership on the new 30,000-square-foot lease in the 27-story,…
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