Interwest Capital Group has acquired Deerfield Apartments, a 256-unit multifamily property in Jacksonville, Fla. KCB Management sold the asset for $22.3 million. According to Yardi Matrix data, the sale was subject to a 10-year, $17.2 million Fannie Mae loan originated by Berkadia.
WGH Partners has sold The Lennox, a 100-unit luxury community in Las Vegas, to Interwest Capital Group for $20.6 million. RSE Capital Partners provided preferred equity capital for the deal, and Capital One originated $12.6 million in acquisition financing through Freddie Mac, according to Yardi Matrix. The fixed-rate loan matures
A historic Chicago hotel is getting new life—and its old name back. Oxford Hotels & Resorts, the Chicago-based hotel management and branding affiliate of Oxford Capital Group, is redeveloping, repositioning and rebranding the former Hotel Indigo Chicago Downtown as part of a $9-million renovation.
Less than two years after being bought out of foreclosure, the Gold Coast’s Hotel Indigo is getting a new name and restaurant as part of a $9 million renovation.
ATLANTA, November 14, 2017 – Hunter Hotel Advisors announced today that they represented the owners of the Hyatt Place New Orleans Convention Center in the sale of the 170-room hotel. Built in 1996, the hotel underwent an $8.8 million renovation to convert to a Hyatt Place, reopening in March 2012.
San Francisco-based interior design firm BAMO will spearhead the latest renovations of the Galleria Park Hotel. Located in the San Francisco’s Financial District, the Joie de Vivre property from Two Roads Hospitality will feature a redesign inspired by the 1911 landmark structure’s Art Deco bones unveiled in two phases later