Harbor Group, LLC (“HGI”) announced today that affiliates of the company have acquired the 272-unit West Winds apartment community and the 210-unit Verandahs at Hunt Club in Orlando, Florida, as well as the 146-unit Forestlake Apartments in Daytona Beach.
Stan Johnson Company, one of the nation’s premier net leasefirms, has completed the sale of a 88,000-square-foot office property in Fort Washington, PA to American Realty Capital for more than $13 million.
A rare opportunity to buy into Brooklyn’s hot Williamsburg residential real estate market is available through Eastern Consolidated, now actively promoting the sale of 76-80 Meserole Street, a 49-unit, four-story, 61,000-square-footoriginally developed as a condominium, but now operating as a rental building that is currently 89% leased. The asking price is $38.5 million.
Carroll Organization, one of the country’s leading privately-held real estate companies focused on multifamily investment, management, and, with majority capital from American Property Holdings (“APH”), a portfolio company of Prospect Capital Corporation (NASDAQ: PSEC), today announced the acquisition of Bexley Apartments, a prime, 494-unit residential property situated at the epicenter of Cobb County’s two major thoroughfares, Cumberland and Kennesaw.
CBRE Hotels, acting as the exclusive advisor to Real Resorts, announced a joint-venture with Playa Hotels & Resorts BV involving four luxury, all-inclusive, beachfront resorts located in the popular tourist destinations of Cancun and Playa del Carmen, Mexico. The terms of the transaction were not disclosed.