Avatar loans $5.8M for out-of-town quartet
Local shop Avatar Financial Group LLC (Avatar) announced its recent provision of bridge loans totaling $5.8 million for four out-of-town properties. The beneficiaries were two industrial buildings in Marietta, Georgia; a Days Inn by Wyndham hotel in Clinton, North Carolina; and the buyer of an industrial property near Chicago. Avatar’s…
US Hotel Active Lenders: CBRE Brokers $72 Million for Postcard Inn Acquisition
3650 REIT Refinances Thompson in San Antonio; and More A joint venture of The LCP Group and Safanad recently acquired The Postcard Inn St. Pete Beach, Florida. (CoStar) By Sean McCracken Hotel News Now March 24, 2022 | 5:18 AM(Corrected on March 24 to amend the loan specifics in the fourth…
Clear Height Properties, Blackbird Investment Group Sell 56,500 SF Industrial Building in Suburban Chicago
The partnership completed improvements to the property prior to the sale. ELK GROVE VILLAGE, ILL. — A joint venture between Clear Height Properties and Blackbird Investment Group has sold a 56,500-square-foot industrial building located at 1400 Greenleaf Ave. in the Chicago suburb of Elk Grove Village. The sales price was…
