Bart Blatstein

  • Hersha Sells Hotel Portfolio to Blackstone; Tower Place Seeks New Owner

    Hersha Hospitality Trust, a Harrisburg,PA-based real estate investment trust that owns and operates 48 luxury hotels located in urban gateway markets, will sell a large part of its portfolio to BRE NE Hospitality Holdings LLC, an affiliate of Blackstone Real Estate Advisors, for $217 million. The deal is subject to customary conditions for real estate transactions and is expected to close by the end of Q1 2014.

    Philadelphia 26 September 2013 17:04

You May Also Like

  • Northern Virginia Flex, Office Portfolio Trades for $44M

    Minkoff Development purchased the five-building, 317,800-square-foot asset from Maguire Hayden Real Estate Co. The properties are part of the Avion Business Park, just south of Dulles International Airport.

    15 July 2019 12:35
  • Metro Miami Distribution Facility Trades for $38M

    ASB Capital Management has purchased the 221,542-square-foot asset in Fort Lauderdale. CBRE assisted the seller, Bridge Development Partners, in the transaction.

    03 June 2019 16:39
  • Discovery Labs Plans $500M Philly-Area Coworking Campus

    Newly established by MLP Ventures, the platform company will redevelop two campuses in King of Prussia into a 1.6 million-square-foot ecosystem for health-care, life sciences and technology-enabled businesses.

    07 June 2019 12:45
  • The Rise of Debt Funds

    The number of debt funds and non-traditional lending sources has grown throughout this cycle. Is that a reflection of temporary market forces or have they become a permanently larger part of the commercial mortgage landscape?

    04 March 2019 16:01
  • Real Estate Gives Back: Harris Rosen Saves Minds

    In the first installment of our series on philanthropy in real estate, CPE spotlights hotel mogul Harris Rosen, whose volunteer-run foundation provides assistance to impoverished residents of two Orange County, Fla., communities.

    25 January 2019 21:35