David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Brookfield Property Partners' GGP operation is facing challenges at three shopping malls that back $402.16 million of CMBS debt.
Read moreCrain's Chicago Business AMLI Residential is offering for sale AMLI Deerfield, a 240-unit apartment property in Deerfield, Ill. The Chicago developer hired JLL to market the property, which was built in 2015. AMLI Deerfield, at 1525 Lake Cook...
Commercial Property Executive Newport National Corp. has paid $96.8 million, or $372.31/sf, for Hobble Creek Business Park, a three-building industrial property with 260,000 square feet in Springville, Utah., a city that's 50 miles south of Salt Lake City....
TYKO Capital has provided $870 million of financing for the construction of the Four Seasons Private Residences Lake Austin. The project is being developed by a venture of Austin Capital Partners and Lincoln Property Co. on nearly a...
Benefit Street Partners has provided $82.1 million of short-term financing against the 450-unit Render Legacy Trail apartment property in the Florida Gulf Coast town of Nokomis. The three-year loan, which could be extended by up to two additional...
Commercial Real Estate Direct Staff Report LXP Industrial Trust has paid $103 million, or $171.76/sf, for the 599,664-square-foot office complex at 4025, 4035, and 4045 South Riverpoint Parkway in Phoenix. The West Palm Beach, Fla., REIT bought the...
Ceifa Capital has paid $52.5 million, or $298,295/unit, for the 176-unit Flats at Legacy apartment property in the Hampton Roads, Va., city of Poquoson. The Highland, Utah, investor bought the two-year-old property from its developer, Franklin Group of...
South Florida Business Journal An affiliate of Reyes Holdings has bought the 440,709-square-foot distribution facility at 441 SW 12th Ave. in Deerfield Beach, Fla., for $84.1 million, or $190.83/sf. The Rosemont, Ill., company acquired the warehouse from Republic...
Orlando Business Journal Waterstone Properties has paid $78.5 million, or $197.73/sf, for Hammock Landing, a 397,000-square-foot retail center in West Melbourne, Fla., about 30 miles south of Cape Canaveral, Fla. The Needham, Mass., company purchased the property from...
Empire State Realty Trust Inc. has completed the $275 million, or $505.75/sf, sale of the 543,743-square-foot office building at 250 West 57th St. in Midtown Manhattan. The New York REIT was said to have sold the 105-year-old building to...
Bloomberg Spear Street Capital has agreed to pay about $280 million, or $296.61/sf, for U.S. Bank Center, a 944,000-square-foot office property in Seattle. The San Francisco investor would be acquiring the property from Blackstone, which bought it in...
Commercial Real Estate Direct Staff Report Nationwide has provided $33.5 million of mortgage financing against the 178,454-square-foot industrial property at 15959 Piuma Ave. in Cerritos, Calif., about 16 miles south of Los Angeles. JLL Capital Markets arranged the...
Crain's Chicago Business Realty Income has paid $176.5 million, or $260.32/sf, for two industrial properties totaling 678,000 square feet at 3101 Protection Parkway and 2501 Sanders Road in Glenview, Ill. The San Diego REIT acquired the buildings from...
Commercial Real Estate Direct Staff Report A venture of Machine Investment Group, Miramar Capital, and Axonic Capital has paid $135 million, or $103.85/sf, for the 1.3 million-square-foot Hub@202 industrial property in Mesa, Ariz. The venture purchased the property...
Knighthead Funding has provided $65 million of mortgage financing against the 96-room Marram Montauk boutique resort hotel on the easternmost tip of the south fork peninsula of Long Island, N.Y. The oceanfront property, at 21 Oceanview Terrace, is...
SL Green Realty Corp. has agreed to sell the 392,954-square-foot office building at 10 East 53rd St. in Midtown Manhattan for $312.2 million, or $795/sf, to Meadow Partners. The 37-story building includes 38,657 sf of retail space. Its...
Washington Business Journal BXP Inc. has agreed to sell the leasehold interest in Sumner Square, a 210,000-square-foot office building in Washington, D.C., for $63 million, or $300.00/sf. The pending buyer was not disclosed. The three-building property was developed...
Atlanta Business Chronicle A venture of Coro Realty Advisors and Connolly has purchased the 121,000-square-foot Chastain Market in Atlanta for $71 million, or $586.78/sf. The locally-based venture purchased the retail property from Kite Realty Group, an Indianapolis REIT...
Memphis Business Journal A venture of Graybel Investments and Quad Property Group has bought the Cordova Creek Apartments, a 196-unit apartment property in Cordova, Tenn., for $22 million, or $112,245/unit. Graybel, of Memphis, Tenn., and Quad Property, of...
Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Morningstar DBRS Price % Yield % Final Pricing (bp) Bnch mrk A-2 75.00 30.00 3.99 AAA AAA 99.9999 5.0215 +86 J-spread A-3 438.95 30.00 4.56...
A venture of PCCP and Alliance Residential Co. has paid $65.3 million, or $354,891/unit, for the 184-unit Hawthorne apartment property in Riverside, Calif. The seller was a venture of Carlyle Group and Brandywine Homes, according to a report...
Commercial Real Estate Direct Staff Report An affiliate of Rreef America has paid $81.6 million, or $293,525/unit, for the 278-unit Alta Rise apartment property in Gilbert, Ariz. Rreef, an affiliate of Deutsche Wealth Management, acquired the property from...
ACRE has provided $351 million of debt financing against a portfolio of eight apartment properties with 1,573 units owned by a venture led by Harbor Group International. The loan facility was arranged by Walker & Dunlop. The portfolio...
Crain's Chicago Business DRA Advisors has paid $95 million, or $279,411/unit, for Enclave at 127th, a 340-unit apartment property in Plainfield, Ill. The New York investment firm acquired the property, at 23760 West 127th St., from JVM Realty,...
South Florida Business Journal Interface Properties has paid $40 million, or $211.08/sf, for Fountains Center, a 189,542-square-foot office and retail property in Boca Raton, Fla. The local company purchased the seven-building complex from a company managed by Titan...
Charlotte Business Journal Harbor Group International has paid $55.5 million, or $233,193/unit, for Chronicle Mill, a 238-unit apartment complex in the Charlotte, N.C., suburb of Belmont, N.C. The Norfolk, Va., investor purchased the property from Armada Hoffler Realty...
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