David LaRue

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  • 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

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