Real Estate

Greystar sells Florida apartment community

Greystar Real Estate Partners has sold Palm Beach County, Florida-based Avana Isles, an apartment community. No financial terms were disclosed.

Heitman taps Shukla as chief information and technology officer

Heitman, a real estate investment management firm, has named Peeyush Shukla as chief information and technology officer. Previously, Shukla worked at Nuveen Investments.

DJM and Gaw Capital acquire LA shopping mall

DJM and Gaw Capital have acquired Hollywood & Highland, a Los Angeles-based shopping mall. No financial terms were disclosed. Renovations are slated to begin in 2020, with completion expected in 2021.

Wexford and Trinity acquire Kansas City Marriott hotel

Wexford Lodging Advisors and Trinity Private Equity Group have acquired 398-room Marriott Kansas City Overland Park. Both Wexford and Trinity will invest about $17 million to upgrade the property's guest rooms and public spaces. Davidson Hotels and Resorts will operate the hotel.

RSE and Carter acquire Georgia multifamily portfolio for $203 mln

RSE Capital Partners and Carter Multifamily have acquired an eleven-asset multifamily portfolio in Georgia for $203 million. The portfolio includes apartment communities in Savannah, Macon, Augusta and Atlanta.

Harwood International and Waterfall buy Dallas building

Harwood International and Waterfall Asset Management have acquired the Dallas-based Citymark building. No financial terms were disclosed.

Longfellow Real Estate buys Palo Alto Technology Center

Longfellow Real Estate Partners said July 29 that it acquired Palo Alto Technology Center from KBS for $205 million. PATC’s ten buildings total 259,586 square feet.

Ares, Black Mountain Partners buy London office building

Ares Management Corp and Black Mountain Partners have acquired 68 King William Street, London EC4. Financial terms weren’t announced. The deal includes an 11-story office and retail building.

Platinum Equity sells The Citizen Hotel to Cambridge Landmark

Cambridge Landmark has acquired Sacramento, California-based The Citizen Hotel, a 196-room boutique hotel. The seller is Platinum Equity. No financial terms were disclosed.

Ardian and Naxicap in talks to acquire stake in Emera

Ardian and Naxicap Partners is in talks to acquire a "significant" stake in Emera Group, a provider of residential retirement homes in France. No financial terms were disclosed.