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Recent commercial real estate acquisitions

by Andrea Waitrovich

Below is a sampling of recent property transactions tracked by Real Capital Analytics. Two hospitality assets were among the largest completed transactions; the hotel properties are located in South Florida and East St. Louis, Ill.

Starwood Hotels & Resorts has sold St. Regis Bal Harbour in Bal Harbour, Fla., to a Qatar-based firm, Al Rayyan Tourism Investment Co., a subsidiary of Al Faisal Holding Co. The sales price was $213 million.

In Illinois, Gaming and Leisure Properties has purchased the real estate assets of the Casino Queen in East St. Louis for $140 million.

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