City: Pasadena

Commercial Real Estate Direct Staff Report The $39.2 million CMBS loan against the 141,969-square-foot office building at 150 South Los Robles Ave. in Pasadena, Calif., has transferred to special servicing as it is expected to default at its upcoming maturity. ...

Hines has paid $60 million, or $428,571/unit, for Pasadena Gateway Villas, a 140-unit apartment property in Pasadena, Calif. The Houston investment manager purchased the apartments from Washington Capital Management Inc. of Seattle in a deal brokered by Newmark. The brokerage ...

The Real Deal The 640,000-square-foot office property at 251 South Lake Ave. in Pasadena, Calif., is scheduled to be sold at a foreclosure auction on Dec. 20. Coretrust Capital Partners of Los Angeles had defaulted on a $271 million loan ...

JLL Capital Markets has secured $36.8 million of financing for the construction of a 194-room AC Hotel by Marriott in Pasadena, Calif. The three-year loan, which comes with a pair of one-year extension options, was arranged on behalf of the ...

Houston Business Journal GTIS Partners is breaking ground in October on a 484,000-square-foot industrial project in Pasadena, Texas, about 14 miles southeast of Houston. The New York real estate company recently completed its purchase of the project's 26-acre development site ...

TheRealDeal Hill Street Realty has paid $38 million, or about $441,860/unit, for the 86-unit San Pasqual Apartments in Pasadena, Calif. Guardian Life Insurance Co. of America sold the property, at 975 San Pasqual St., near the California Institute of Technology. ...

Commercial Real Estate Direct Staff Report Granite Point Mortgage Trust helped facilitate the $103 million, or $225.38/sf, purchase of the Paseo retail property in Pasadena, Calif., by taking back a $77.3 million loan against the property. The New York mortgage REIT ...