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DALLAS—Although deliveries continue apace, “new supply is hitting when the apartment market is already full,” says Axiometrics' Jay Denton. GlobeSt.com <b>EXCLUSIVELY</b> reports on the sector's Q3 performance.
MIAMI—”We specialize in uncovering exceptional real estate opportunities,” says Ziel Feldman, founding principal of HFZ Capital Group, which is undertaking the transformation of the legendary hotel.
NEW YORK CITY—Madison Realty Capital reports it has provided another $32 million in financing for the St. John's Queens Hospital redevelopment project in Elmhurst. The new construction loan will facilitate the completion of construction of the mixed-use project being developed in Elmhurst.
BOSTON—ASB Real Estate Investments of Bethesda, MD has acquired the Element apartment building here and also has agreed to purchase the Edge and Eco apartment properties all within the city's Green District. Combined the deals will add 283 units to the firm's portfolio.
FORT LAUDERDALE, FL—Marcus & Millichap reports it has promoted Tal Frydman of the firm's Fort Lauderdale office, to first vice president, investments.