DiamondRock Buys Hotel Portfolio from Blackstone in $495M Deal

The portfolio includes properties in Boston, Washington D.C., Burlington, Va. and San Diego. National Real Estate Investor
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IndCor Expands Portfolio to 85 Million Sq. Ft.

National Real Estate Investor
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Praedium/Milestone JV Pays $125.5M for Apt. Portfolio

The Praedium Group, a New York City-based national real estate investment firm and The Milestone Group, a Dallas-based multifamily real estate investment and management company, formed a joint venture to acquire a 556-unit residential portfolio known in Alexandria, VA, for $ 125.5 mil
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Gaia, Starwood Acquire and Recapitalize 9,500-Unit Multifamily Portfolio

Gaia Real Estate and an affiliate of Starwood Capital Group agreed to invest $ 22.5 million of new equity to acquire and recapitalize PJ Finance Co., which filed for Chapter 11 bankruptcy protection in March 2011 and reemerged as a going concern on May 11, 2012. PJ Finance’s ass
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Normandy Partners Closes a $140M Loan for Mid-Atlantic Portfolio

The portfolio includes 10 buildings in Virginia and Maryland. National Real Estate Investor
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Flagler Station Industrial Portfolio Trades for $340M

AEW Capital Management LP, a leading real estate investment advisor, has acquired the 4.2 million-square-foot, 33-property Flagler Station industrial park in Miami and Medley, FL from Flagler, Florida’s largest full-service commercial real estate firm, for approximately $ 340 mi
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Griffin-American Healthcare REIT Closes on Southeast Portfolio for $25.1M

Griffin-American Healthcare REIT II (formerly Grubb & Ellis Healthcare REIT II) has closed on three medical office buildings in the Southeastern U.S. for a total of $ 25.1 million, or about $ 215 per square foot. The three properties total 116,802 square feet, and all enjoy high
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The Hampshire Cos Acquires Florida CVS Portfolio for $19M

The Hampshire Companies, a full-service real estate investment firm with equity topping $ 2.5 billion, has acquired six 11,200-square-foot, free-standing CVS/pharmacy stores totaling 67,500 square feet across Florida for $ 19 million, averaging $ 262 per square foot, from The Sembler
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Blackstone/DDR Team Up to Acquire $1.4B Shopping Portfolio

Private-equity kingpin Blackstone Group (NYSE: BX) made its latest foray into commercial real estate, joining forces with DDR Corp. (NYSE: DDR) in a deal to acquire a shopping center portfolio from EPN Group, an affiliate of Tel Aviv-based Elbit Imaging Ltd. The transaction, which is
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JV Buys Energy Square Portfolio From Younan

Champion and Lincoln Property Co. in a joint venture with Long Wharf Real Estate Partners completed its purchase of Energy Square, a nearly 950,000-square-foot office complex in Dallas, TX. Younan Properties was the seller. While the sale price was not disclosed, Younan said the asset
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