David LaRue

  • Premier Riverfront Hotel in Pittsburgh Sells for $61M

    Cleveland-based Forest City Enterprises has sold the 399-room Sheraton Station Square hotel in Pittsburgh. Station Square Pittsburgh Hotel LLC, a joint venture between Boston-based Pyramid Hotel Group and an affiliate of Glenmont Capital Management, LLC of New York acquired the asset for $61 million. The Plasencia Group represented the seller in the transaction.

    Pittsburgh 25 July 2013 16:01
  • Forest City Completes $70.5M Miami Disposition

    Forest City sells a $70.5 million asset in southwest Miami; Cassidy Turley secures $85 million in construction financing for a Reston, Va. trophy property; and Encore Multi-Family breaks ground on a $32 million development in Dallas.

    National 10 January 2013 20:17

You May Also Like

  • NCC Acquires Newark Section 8 Housing for $160M

    NCC and Greystone Affordable Development have facilitated the acquisition of four New Jersey properties totaling 842 units. The deal includes funding for the rehabilitation and the long-term preservation of the properties as subsidized rental housing.

    01 December 2017 17:11
  • Economy Watch: Architects’ Busy January Bodes Well for Development

    Strong billings and healthy growth in new projects to start off 2018 are driving architecture firms' optimism about business conditions this year.

    23 February 2018 14:29
  • PA Properties Land $26M

    The two assets are situated in Lancaster and Hershey, Pa., and feature 160 units each. Colliers' capital markets team secured five-year fixed-rate loans for both properties.

    24 October 2017 15:31
  • Colliers International Hires New VP

    Mitash Kripalani was instrumental in several multi-million-dollar multifamily and condominium conversion projects, arranging investment sales across Florida, where more than $3.6 billion sales were registered last year.

    16 January 2018 18:16
  • Lexington Homes Begins Sales at Chicago Community

    Lexington Heritage in Arlington Heights, Ill., offers 48 homes in two styles, the Mews Collection of three-level rowhomes and the Club Collection of two-story townhomes.

    10 November 2017 15:45