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Upon the closing of the deal, which is expected in the third and fourth quarter of this year, RoundPoint will become a wholly-owned subsidiary of Freedom Mortgage.
The expansion, which will boost Hyatt's luxury portfolio in the Asia Pacific region by 25%, will be comprised of seven new Park Hyatt branded properties and six hotels each under the Grand Hyatt and Andaz brands, as well as two Alila branded resort properties.
Now in its 29th year, the Apartments conference has become an industry tradition where owners, investors, developers, brokers, financiers and industry resources connect.
The portfolio totals 1.27 million square feet of office space. SREIT is managed by Starwood REIT Advisors L.L.C., a subsidiary of Starwood Capital Group.
In the commercial real estate industry, both AR and VR technology is used to reflect the physicality of the space including photos of the space, a PDF of the floor plan, drone imagery or maybe even a CAD file.
Originally constructed in 1947 as a 10-story office building, 1501 Locust St. was expanded and repurposed into a luxury boutique building in 2010 featuring 29 large apartment units averaging 1,009 square feet and three commercial units totaling approximately 5,000 square feet.