Northeast

Hyatt reports that the acquisition consists of a base purchase price of $480 million, with the potential for Hyatt to invest up to an additional $120 million.

The deal announced in late June valued Paris-based AccorHotels total investment in sbe at $319 million.

The alternative office space provider will occupy five floors in the Midtown office tower as flexible space continues to be the Manhattan office market story.

A Nashville developer thinks investors should expect 15-18% returns and explains why today's new condo market is a better and safer investment than far more popular apartments.

“This sale is the latest in a series of transactions in East Birmingham that have resulted in heavy value-add campaigns,” said C&W's Josh Jacobs.

TH Real Estate, an affiliate of TIAA, provided debt financing of $110 million, which was arranged jointly by the New York City and Washington, DC offices of CBRE Capital Markets.

The $258 million financing package was negotiated by Shaya Ackerman, left, and senior vice president Shaya Sonnenschein of Meridian.

"The Locks interacts with the local architecture and land plan to create an exceptional sense of place, and an exciting homeownership opportunity," says Resmark's Alexandra Johns.