Real Estate Rumors: 13th Floor, Coast Hospitality, Related

By Andrew McIntyre (Sept. 14, 2021, 7:02 p.m. EDT) – A Westford Real Estate Investors and 13th Floor Investments company has acquired two properties in West Palm Beach for $ 26.1 million, the South Florida Business Journal reported on Tuesday. The deal comprises 1.22 acres on South Dixie Highway and Fern Street and 1.76 acres on South Dixie Highway and Gardenia Street, and the sellers are companies managed by investors John Hoecker and Majoj Patel, respectively, according to the report .

Coast Hospitality has received $ 51.1 million in funding from Texas-based Hall Structured Finance for a Portland, Oregon hotel, Commercial Observer reported Tuesday. The loan is for the Benson Hotel, …

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