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CLEVELAND-The Cleveland Plain Dealer reported that MRN Ltd. is converting 72,000 square feet of office space in Rosetta Center, a 17-story building at 629 Euclid Ave. in downtown Cleveland, into apartments.
LAS VEGAS-A Five Mile Capital partnership, which took control of a retail and office complex in Las Vegas from a defaulted borrower, is now looking for a low-leverage loan of approximately $200 million.
ST. LOUIS-Inland American Lodging Group Inc., an affiliate of Inland American Real Estate Trust Inc., has acquired Hilton St. Louis Downtown, an eight-story hotel at 400 Olive Street in downtown St. Louis, for $22.6 million.
TAMPA, FL-Crescent Resources LLC has bought 25 acres of land near the junction of the Lee Roy Selmon Expressway and Interstate 75 in Brandon with plans to construct a garden-style apartment community.
LONDON-Rockspring Property Investment Managers LLP, along with its partner Exton Estates, has started construction on a two-building, 60,000-square-foot office complex, called Flow, in Staines.