Commercial Investment Real Estate Summer 2021 | Page 46

DEAL MAKERS

THE BIGGEST DEAL
EDDY CHAO , CCIM
and a colleague with Asia Pacific Capital Company represented 9620 Airport Blvd LLC in its $ 91.5 million purchase of a 502-room hotel property in Los Angeles from Sunstone Hotel Investors Inc ., an Irvine , Calif-based REIT .
FINANCING
BIG DEAL : Andy Crawford , CCIM , with CommCap Advisors arranged for $ 8.35 million in financing for Warm Springs Owner LLC in its $ 13 million purchase of 68,311 sf of office space in Las Vegas from an undisclosed seller , with Marc Magliarditi , CCIM , with Logic Commercial Real Estate brokering the deal .
HOSPITALITY
BIG DEAL : Brian Resendez , CCIM , and a colleague with SVN | Bluestone & Hockley represented Coastal Hospitality LLC in its $ 3.9 million purchase of the OYO Ocean Breeze Hotel , a 43-room hospitality property in Lincoln City , Ore ., to CV The Haven at D River LLC for conversion into housing .
Robin Civish , CCIM , with ROI Commercial Real Estate represented SC Entertainment # 2 LLC in the $ 3.5 million sale of a 12,240-sf hospitality property in Las Vegas to Last Coast LLC .
RETAIL
BIG DEAL : John Propp , CCIM , with John Propp Commercial Group in Greenwood , Colo ., represented Winterset Holdings LLC in its more than $ 12.73 million purchase of two properties in Johnstown , Colo ., with 32,744 sf of retail space .
Andy Crawford , CCIM
Marc Magliarditi , CCIM
Brian Resendez , CCIM
John Propp , CCIM
Michael Campbell , CCIM , with NNN Investment Co . in San Diego represented an undisclosed buyer in the $ 3.2 million purchase of a two-tenant retail building with 4,456 sf of space in Chula Vista , Calif ., from an undisclosed seller represented by Chris Rink , CCIM , with American Value Realty in Austin , Texas .
Charlie Ellis , CCIM , with Collett in Charlotte , N . C ., represented S2 Forest Gate Associates LLC in its $ 6.25 million sale of the Forest Gate Shopping Center , a 62,735-sf retail property in Pisgah Forest , N . C ., to Ingles Markets .
Stephen Jacquemin , CCIM , with Sperry Commercial Global Affiliates in St . Louis represented an undisclosed buyer in the more than $ 3.25 million purchase of a 18,200-sf Dollar General in Columbia , Mo ., from an undisclosed seller represented by Tony Gagliano , CCIM .
Patrick Luther , CCIM , and two colleagues with SRS Real Estate Partners in Newport Beach , Calif ., represented an undisclosed buyer in its $ 7.35 million purchase of The Shops at Gregorie Ferry Landing , a 11,125-sf retail property in Mount Pleasant , S . C ., from an undisclosed seller . Luther and a colleague also represented a seller in the $ 3.3 sale of a 12,000-sf retail space in Flagstaff , Ariz ., to an undisclosed buyer .
44 COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE SUMMER 2021