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ASPEN, CO-Starwood Hotels and Resorts Worldwide has finally found a buyer for its St. Regis hotel in Aspen since listing it for sale nearly two years ago.
HARLEM, NY-Hope Community Inc., a nonprofit group, that manages up to 1,300 apartments in Harlem wants to buy and renovate foreclosed apartment buildings in the area, previously owned by Dawnay Day.
NEW YORK CITY-Apollo Global Management LLC, a New York-based buyout firm, has hired Ray Mikulich to head the North American investment and management activities of its real estate division.
BRIER CREEK, IL-Waterton Residential, a Chicago-based realty investment company specializing in the purchase of distressed assets, has acquired the 274-unit apartment complex at Brier Creek along with its debt from Flaherty and Collins Development for $28.3 million.
NASHVILLE-Omni Hotels & Resorts received approval from the Convention Center Authority of Nashville to construct an 800-room hotel close to the city's convention center.
CHANDLER, AZ-Capital Commercial Investments Inc. begins construction and renovation work on the $750 million Continuum, a 152-acre project, situated in Chandler.
FORT MYERS, FL-Rich Galvano, developer of the Florida Gulf Coast University (FGCU) Innovation Hub and a Certified Commercial Investment Member (CCIM), has been hired by the RE/MAX Realty Group's commercial division, a Fort Myers-based real estate firm.
WASHINGTON, DC-The 10-year and 20-year interest rates on US Small Business Administration (SBA) 504 loans decreased to a record-low value in September 2010 for the first time.