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ATLANTA—Officials with Peachtree Hotel Group report the firm completed seven hotel finance and acquisition transactions this summer involving a combination of mortgage notes, real estate acquisitions, majority interest investments, and bridge loans.
DURHAM, NC—Nimble Storage, a Silicon-Valley-based flash storage solutions company, has signed a lease for the majority of the Newcastle South office building, located in the Imperial Center campus here.
NEW YORK CITY—A long-term ground lease development opportunity involving a block-through property in Harlem across from the storied Apollo Theater is on the market.
WASHINGTON, DC—A provision in the pending fiscal 2015 National Defense Authorization Act would allow the transfer of a little more than 13 acres at Walter Reed Army Medical Center from the Army to the Children's National Health System.
ATLANTIC CITY, NJ—In its Chapter 11 bankruptcy filing on Tuesday, parent company Trump Entertainment Resorts warned that the Trump Taj Mahal could close on Nov. 13 or shortly afterwards.
WHITE PLAINS—The Housing Monitor overseeing the $56.1-million federal fair housing case settlement with Westchester County issued a report on Sept. 8 that charged six municipalities in the county with engaging in exclusionary zoning.
ORLANDO, FL—Tampa-based Landmark Apartment Trust reports it has purchased the 342-unit Landmark at West Place multifamily property here. The multifamily REIT funded the acquisition through a 1031 exchange, utilizing a portion of proceeds from a previously announced disposition.