CBRE Capital Buys $43M Loans Backed by Office Tower

SEATTLE-CBRE Capital Partners acquires loans secured by the 42-story, 263,807-square-foot Smith Tower and the 7,829-square-foot Florence Building.

By Bob Howard | October 26, 2011 at 08:57 PM

SEATTLE-CBRE Capital Partners, the real estate debt investment platform of CB Richard Ellis Investors, has acquired $42.5 million in non-performing loans secured by the 42-story, 263,807-square-foot Smith Tower and the two-story 7,829-square-foot Florence Building. According to HFF, which marketed the A and B mortgage notes on behalf of the seller, M

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Maracay Continues Land Assemblage for 572-Home Community

By John Jordan | October 01, 2018

Maracay officials say the firm intends to close on the third and last land purchase of 80 acres and 240 homesites in Chandler in early 2019.

Maracay Continues Land Assemblage for 572-Home Community

Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property

By John Jordan | October 01, 2018

The Austin, TX-based hotel REIT also reports that it has closed on the sale of the 148-room Hyatt Place Fort Myers/at the Forum in Fort Myers, FL for $16.5 million or approximately $111,000 per key.

Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property

Historically Low Industrial Availability Amps Up Urgency

By Lisa Brown | October 01, 2018

The ProAmpac campus recently purchased by an EverWest partnership totals three buildings in the Kent Valley submarket, one of Washington's most in-demand warehouse and manufacturing locations.