Century Bridge Capital is investing approximately $60 million in two separate joint ventures dealing with residential projects taking shape in the Chinese cities of Zhongshan and Wuxi.
MHN catches up with Alexander Cohen, CEO of Liberty SBF. The Philadelphia-headquartered firm specializes in small-balance commercial lending products. Topics discussed include trends in the capital markets, the firm’s entry into apartment lending, and lending for pools of single-family rentals.
Inland American Real Estate Trust, Inc. has announced this week the acquisition of its tenth hotel property in 2013. Through its subsidiary, Inland American Lodging Group, Inc., the company has purchased the Lorien Hotel & Spa in Alexandria, Virginia. It paid approximately $45 million for the property.
The San Antonio multifamily market is of growing interest for out-of-town buyers. The region’s bright economic outlook has attracted a growing number of investors in the past 12 months.