Commercial Real Estate Direct Staff Report The CMBS mortgage against the Dayton Mall in Dayton, Ohio, has had its term extended by just more than eight years through November 2030. The loan, securitized through WFRBS Commercial Mortgage Trust,...

Charlotte Business Journal Beacon Partners is offering for sale the Station at LoSo, a 200,000-square-foot office property in the South End section of Charlotte, N.C. The local developer has hired JLL to market the complex, which opened in 2023....

State Farm Mutual Automobile Insurance Co. has provided $52 million of financing against three industrial properties with 420,086 square feet in Ontario and Rancho Dominguez, Calif. Northmarq arranged the loan on behalf of the owner, Carson Cos. of...

OakNorth Bank has provided $25.5 million of financing to fund the development of an 87-unit apartment property at 2916 Atlantic Ave. in the East New York area of Brooklyn, N.Y. The proposed 11-story building, with nearly 5,000 square...

Commercial Real Estate Direct Staff Report Ben-Josef Group Holdings has paid $38 million, or $883,721/unit, for the 43-unit apartment property at 525 Union Ave. in the Williamsburg section of Brooklyn, N.Y. The New York investor acquired the property...

Commercial Real Estate Direct Staff Report South Plains Mall in Lubbock, Texas, whose $200 million CMBS loan was extended recently by four years through November 2029, has been reappraised at a value of $114 million. The 1.31 million-square-foot...

Atlanta Business Chronicle Local investor Zalik Investment Group has bought the One and Two Midtown Plaza office buildings with a combined 506,108 square feet in Atlanta's Midtown area. The buzz is that Zalik bought the two for more...

South Florida Business Journal An affiliate of Lincoln Property Co. has paid $77.55 million, or $313.87/sf, for a 247,079-square-foot industrial complex in Deerfield Beach, Fla. The Dallas company purchased the four-building property from an affiliate of Brookfield Properties...

Commercial Real Estate Direct Staff Report Interra Capital Group has acquired the 4.5 million-square-foot Greenway Plaza office complex in Houston, subject to the assumption of its $416.2 million mortgage. The Houston investment manager, led by Jack Polatsek, focuses...

Commercial Real Estate Direct Staff Report Delshah Capital has paid $76.03 million, or $535,422/unit, for the 142-unit apartment property at 34 Berry St. in the Williamsburg section of Brooklyn, N.Y. The New York investment manager acquired the property...

Commercial Real Estate Direct Staff Report High Street Residential has sold the 139-unit Corner 63 Apartments in Seattle for $59.1 million, or $425,179/unit. The buyer was a group of Washington state investors operating as Corner 63 Owner and...

Commercial Observer Madison Realty Capital has provided a $61 million loan against the 135-unit Braddock Park West apartment property in the northern New Jersey township of North Bergen. The property, at 8601 Bergenline Ave., is owned by Sanz...

Commercial Real Estate Direct Staff Report USBank has provided $40 million of financing against the 318,683-square-foot Chandler Airport Business Park industrial complex in Chandler, Ariz. The loan, filed with Maricopa County, Ariz., allowed the property's owner, CapRock Partners,...

Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc. has lined up a $43 million mortgage from Bank of Montreal against the 403,671 square feet of retail space that it owns at the 748,094-sf Northwoods Mall...

South Florida Business Journal Joe Lubeck, chief executive of American Landmark Apartments, has bought the Embassy Suites by Hilton Palm Beach Gardens PGA Boulevard hotel in Palm Beach Gardens, Fla., for $40 million, or $250,000/room. Lubeck purchased the 160-room...

Commercial Real Estate Direct Staff Report Fairfield Residential has paid $109.99 million, or $555,505/unit, for the 198-unit Resort at Encinitas apartment property in the San Diego suburb of Encinitas, Calif. The San Diego investor acquired the property, at...

Federated Hermes Inc. has purchased an 80% stake in multifamily investment manager FCP for $331 million, including $92 million in a potential earnout payment. The acquisition sharply expands real estate as an asset class for Federated Hermes, a...

The Real Deal David Werner Real Estate Investments has agreed to pay about $40 million, or $207.25/sf, for the 193,000-square-foot office property at 311 West 43rd St. near Times Square in Manhattan's Hell's Kitchen area. The New York...

Hoodline Gindi Capital has paid $55 million, or $337.42/sf, for the 163,000-square-foot office property at 25 Elm Place in downtown Brooklyn, N.Y. The Gindi family office—Ralph Gindi founded the Century 21 department store chain in 1961—bought the 106-year-old...

Crain's Chicago Business Barings has provided $156.7 million of financing to facilitate Onni Group's purchase of the 1.1 million-square-foot office property at 161 North Clark St. in Chicago. Onni, of Vancouver, British Columbia, paid $125 million, or $113.64/sf,...

Commercial Real Estate Direct Staff Report JPMorgan Chase Bank has agreed to provide $282.5 million of mortgage financing against the 825,905-square-foot office property at 1325 Ave. of the Americas in Manhattan. The five-year loan is slated to be...

Commercial Real Estate Direct Staff Report Whitestone REIT, which owns 56 community shopping centers with 4.9 million square feet in Texas and Arizona, has struck a deal to be acquired by Ares Real Estate Management for $19/share in...

South Florida Business Journal An affiliate of Nuveen Real Estate has bought Coral Landings III, a 172,526‑square‑foot shopping center in Margate, Fla., for $46.3 million, or $268.37/sf. The Chicago company purchased the retail property from Sterling Organization of...

Commercial Real Estate Direct Staff Report BKM Capital Partners has paid $43 million, or $185.34/sf, for the 232,000-square-foot Northwest Business Park industrial property in Phoenix. The Newport Beach, Calif., investment manager acquired 11-building property, at 2310-2440 West Mission...

Commercial Real Estate Direct Staff Report Concerns of an oversupply of multifamily units and the impact it might have on property fundamentals have pushed the major apartment REITs to pull back on development in 2026. That's according to...