Sunstone Hotel Investors Announces The Sale Of The 622-Room Renaissance Harborplace For $80.0 Million
Sunstone Hotel Investors, Inc. announced the sale of the 622-room Renaissance Harborplace in Baltimore, Maryland for a gross sale price of $80.0 million, or approximately $129,000 per key. The disposition of the hotel furthers the Company’s stated strategy of concentrating its portfolio in Long-Term Relevant Real Estate® and further enhances the Company’s liquidity. John Arabia, President and CEO, stated, “We are … Continue reading Sunstone Hotel Investors Announces The Sale Of The 622-Room Renaissance Harborplace For $80.0 Million Continue Reading


Hilco Real Estate, LLC in partnership with L&B All Star Auctions, LLC, announces July 23, 2020 as the sealed bid offer deadline for the Poplar Creek Office Plaza located in Hoffman Estates, Ill. The minimum bid price has been set at $4,635,000. Three additional surrounding land parcels are also available for sale ranging in size from 2.02 AC to 7.41 AC. The office …
First Industrial Realty Trust, Inc. a leading fully integrated owner, operator, and developer of industrial real estate, today announced that it entered into a note and guaranty agreement to issue $300 million of fixed rate senior unsecured notes in a private placement offering with a weighted average interest rate of 2.81%. The notes are comprised of two tranches: $100 …