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Miami developer Fort Partners obtains the construction loan from Madison Realty Capital for the Four Seasons Hotel and Private Residences Fort Lauderdale.
Moin Development secured $135 million in financing from KeyBank Real Estate Capital and South Korea based Fidelis Asset Management for the Mondrian Park Avenue hotel.
With the acquisition, Marquee Brands will diversify its women's fashion division and add scale to its directly managed e-commerce platform. Marquee Brands currently operates across women's fashion, men's fashion, active & outdoor and home & food divisions.
The brokerage firm states the property sold for $5.575 million, which calculates out to $179,839 per unit, which was the highest price per unit for a single property in Kenwood in the last 10 years, according to CoStar data.
Respondents to the Capital One survey indicated that rent control and continued legislative pushes around affordable housing would significantly alter their investment strategies.
The Marina Thermal Facility is a combined heat and power generation facility that provides electricity and hot and chilled water to both the Borgata Hotel Casino & Spa and The Water Club.
HealthRight 360's new mobile service builds on its community-based healthcare model that integrates treatment for people who are very low-income and often marginally housed or homeless.