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PHOENIX INVESTORS ACQUIRES INDUSTRIAL FACILITY IN MARTINSVILLE, VIRGINIA

Building is immediately available for lease. MARTINSVILLE, Va., Feb. 13, 2024 /PRNewswire/ -- An affiliate of Phoenix Investors ("Phoenix") announced the acquisition of the approximately 813,000-square-foot industrial building located at 1 Walker Road in Martinsville, Virginia. The property was previously owned by Resurgence Properties and the site of...

Hudson Valley Property Group Acquires 1140-Unit Portfolio Across Maryland & North Carolina

Affordability will be extended by an average of 29.5 years across the five properties.ROCKVILLE, Md., Feb. 13, 2024 /PRNewswire/ -- Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, today announced the acquisition of a five-property portfolio spanning 1140 units across...

JBM Brokers the Sale of Charlotte Commons in Port Charlotte, FL

NAPLES, Fla., Feb. 14, 2024 /PRNewswire/ -- JBM® Institutional Multifamily Advisors is pleased to announce the sale of another Southwest Florida multifamily property – Charlotte Commons for $66,500,000 or $251,894/unit. The buyer was a New York operator together with Image Capital and the seller...

JLL arranges $395M in financing for trophy asset in NYC’s Financial District

Previously an office building, 70 Pine Street currently features 612 rental apartments, 39,075 square feet of retail space and a 165-key hotel NEW YORK, Feb. 14, 2024 /PRNewswire/ -- JLL's Capital Markets group announced today that it has secured the $395 million refinancing of 70...

ASHFORD HOSPITALITY TRUST ANNOUNCES PROGRESS IN DELEVERAGING PLAN WITH AGREEMENT TO SELL THE RESIDENCE INN SALT LAKE CITY

DALLAS, Feb. 16, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") today announced that it has signed a definitive agreement to sell the 144-room Residence Inn located in Salt Lake City, Utah (the "Hotel") for $19.2 million. The...

Moselle Estate Under Contract: South Carolina Property to Become a Horse Farm

ISLANDTON, S.C., Feb. 16, 2024 /PRNewswire/ -- J.P. King Auction Company in conjunction with Crosby Land Company announces that Moselle Estate, the luxury home and surrounding 21+/- acres on Moselle Road in Islandton, South Carolina, is under contract for $1,000,000.At the buyer's request, their name is...