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MIAMI—GE Capital Franchise Finance reports it seeded Noble Investment with a $18.5-million term loan used to acquire the SpringHill Suites Miami Airport South hotel here.
MIAMI BEACH, FL—Mast Capital has acquired a nearly two-acre parcel at 4000 Alton Road in mid-Miami Beach and plans to build a luxury residential development at the site, according to its CEO Camilo Miguel, Jr.
ROSEVILLE, CA—Investments by TPG Real Estate and Jasper Ridge Partners will help fuel the self-storage operator's acquisitions in the top 50 US markets.
ORLANDO—The company is selling 19 office buildings for $237 million. That puts the price of Corporate Center I, II, and III at International Plaza in Tampa at about $238 million.
PASADENA, CA—21st Century Techbanq Pasadena LLC acquired the 123,100-square-foot office and retail building from Embarcadero Capital Partners in an off-market transaction.
SACRAMENTO—The nation's largest pension fund intends to increase its commercial real estate exposure by 27% over the next year, according to published reports.
MONROVIA, CA—The shopping center secures two loans, a senior mortgage loan for $60.5 million and a mezzanine loan for $10.5 million, to replace a $51-million mortgage, GlobeSt.com reports <b>EXCLUSIVELY</b>.