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Real Estate Rumors: Grosvenor, Gotham, Sixty Hotels

By Andrew McIntyre (December 1, 2015, 7:11 PM EST) -- Grosvenor Americas Ltd. has dropped $40.2 million on a townhouse project in Bellevue, Washington, and plans to spend an additional $5 million for improvements, the Puget Sound Business Journal reported on Tuesday. The deal is for Somerset Green, a 101-unit property located at 4249 129th Place SE that comprises 18 buildings on seven acres, according to the report. The seller is Carmel Partners Inc., the report said....

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