NEW YORK CITY-Apollo Global Real Estate Management and Chartres Lodging Group have completed their joint acquisition of the 480-key Novotel New York Times Square.
CAMBRIDGE, MA-In the tight Boston office market, this acquisition gives BioMed Realty Trust opportunities, Matthew G. McDevitt tells GlobeSt.com’s Miriam Lamey.
WILTON, CT-Westport Capital Partners LLC, which holds a majority interest in Wellington with Reichmann International Development Co., orchestrated the sale to Griffin-American Healthcare REIT II.
NORFOLK, NE-The REIT is “quite comfortable” with the investment by Real Estate Strategies and eagerly anticipates moving its business plan forward, president and CEO Kelly Walters tells GlobeSt.com.
NEW YORK CITY-Riding 2011’s positivity, and from data in its Hotel Intelligence New York report, Jones Lang LaSalle hotels’ Amelia Lim tells GlobeSt.com that New York will remain a “save haven” for investments in 2012.