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    Karlson’s Hospitality traded the three properties, which include 400 guestrooms, for $66 million. The new owner funded the acquisition with a $58.5 million loan.

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  • Cousins Sells Orlando Portfolio for $24M

    CBRE brokered the sale and arranged $18.3 million in acquisition financing on behalf of buyer-borrower Realty Capital Commercial Real Estate Advisors.

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  • AccorHotels to Buy $319M Stake in sbe

    The partnership deal calls for the French travel and lifestyle group to acquire a 50 percent interest in the Los Angeles-based luxury hospitality company.

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  • PPL Corp. Acquires Safari Energy

    The transaction will not alter PPL’s core business strategy, but will allow it to take part in the growth of distributed energy resources, including energy storage.

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  • StorageMart Expands Iowa Footprint

    The company has added a total of 58,350 square feet of storage space to its Des Moines portfolio. Bellomy & Co. represented the seller and procured the buyer.

    21 March 2018 09:49