Friedman Realty

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  • Inland American Real Estate Trust Inc. Acquires Hotel Monaco Chicago;

    Inland American Lodging Group Inc., a wholly owned subsidiary of Inland American Real Estate Trust Inc., recently announced the acquisition of three luxury boutique hotels from Kimpton’s Hotel Monaco collection. The three hotels, acquired for a purchase price of $189 million include the Hotel Monaco Chicago, Hotel Monaco Denver and the Hotel Monaco Salt Lake City.

    Chicago 06 November 2013 22:38

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    With multifamily development hitting the brakes in major cities and shy rent growth on the horizon, investors are setting their sights on middle-market assets owned by Baby Boomers. Industry leaders predict that, as this $10 trillion market changes ownership, the largest transfer of properties in the history of real estate will occur.

    16 May 2017 16:53
  • Kayne Anderson Snags Sentio Investments for $825M

    Under the terms of the agreement, the company will acquire the outstanding shares in an all-cash transaction. The assets, located across 16 states, include senior housing communities as well as medical office buildings.

    09 May 2017 08:15
  • Sentinel Sells 122-Unit Brooklyn Community

    The property, which traded for $33 million, is located in the northern part of the borough’s Kensington neighborhood and includes studios, as well as one- and two-bedroom apartments.

    05 July 2017 11:12
  • $100M LA Arts District Mixed-Use Advances

    Greystar's Arts District AMP Lofts, which includes 320 units and retail space, received a 48-month construction loan from CIT’s Real Estate Finance .

    08 June 2017 08:20
  • Greystone Provides $60M HUD Loan for NY Skilled Nursing Facility

    The firm also secured a bridge-to-HUD loan to finance Kennedy Management's acquisition, rebranding and renovation of the 302-bed asset in 2015.

    12 June 2017 16:45
  • ARA Leads $38M CO Community Transaction

    Previously owned by Jackson Square Properties, the 257-unit community is located in Lakewood, Colo.

    04 October 2017 14:04
  • LMC Tops Off Minneapolis Community

    By Adina Marcut After topping off a mixed-use community in Dallas last month, LMC topped off NordHaus, a luxury mixed-use community located in the heart of Northeast Minneapolis. NordHaus is a 20-story community that features 280 apartments, including 12 penthouses, and 22,000 square feet of ground-floor retail and restaurant space. Residents will have access

    12 May 2017 19:46
  • Economy Watch: US Lost 33K Jobs Due to Harvey, Irma

    The number of jobs lost in September compares to the average gain of 172,000 jobs per month over the last year, according to the Bureau of Labor Statistics.

    06 October 2017 14:05
  • ABI Brokers Sale of 2 Phoenix Communities

    The company has arranged the disposition of the 51-unit New Horizons Apartments and the 27-unit Country Club Apartments.

    11 August 2017 13:31
  • Bainbridge Welcomes New COO

    Kevin Keane will oversee financial reporting, business planning and analysis, as well as financial and operational strategies.

    02 May 2017 16:07