Developer Method Company sold 1831 Chestnut, a landmark Philadelphia property, to the Moore College of Art and Design. The former 29-unit boutique ROOST Rittenhouse Hotel traded hands for $11.5 million; the new owner will convert the building for student housing use. The acquisition included ground-floor retail space, which houses a jewelry store. “The seller purchased the property in 2013 when it was an office building and renovated it for hospitality use,” Alan Krawitz, GREA Associate Director, told ApartmentBuildings.com. Kravitz, who...
Berkadia arranged the sale and financing of Lynn Villa Apartments, an 89-unit, garden-style multifamily property in Thousand Oaks. Senior managing director Adrienne...
We’ve all experienced fine amenities and services connected with well-run hospitality properties. These days, those above-and-beyond services and features have...