Deal Name: Bear Stearns Commercial Mortgage Securities Inc.

A $96.7 million loan backed by a 418,026-square-foot office building in downtown Newark, N.J, that matured without payoff last December has been extended to Dec. 1 of this year, according to Trepp LLC. The loan against the property, known as ...

Whitestone REIT has paid $29 million, or $256.40/sf for the first phase of Pinnacle of Scottsdale, a 113,108-square-foot retail center in Scottsdale, Ariz. The Houston REIT bought the property from a partnership led by Westwood Financial, which had purchased it ...

Commercial Real Estate Direct Staff Report The $67.7 million CMBS loan against the Capital Center, a 531,410-square-foot office property in Sacramento, Calif., was restructured in order to facilitate the property's recent sale to Karlin Real Estate for $50 million. The ...

A $65 million CMBS loan against the Philips at Sunrise shopping center in Massapequa, N.Y., has been moved to special servicing, less than a year after it was moved back to master servicing. The loan was the subject of a ...

CB Richard Ellis Realty Trust has agreed to pay $21.5 million, or nearly $179/sf, for the Sabal Pavilion, a 120,500-square-foot office building in the Sabal Park complex in Tampa, Fla. The Princeton, N.J., REIT, whose shares do not trade on ...

Commercial Real Estate Direct Staff Report Karlin Real Estate has purchased the Capital Center, a 531,000-square-foot office complex in the Sacramento, Calif., suburb of Rancho Cordova, Calif. The Los Angeles investment manager bought the six-building complex for roughly $50 million ...

Commercial Real Estate Direct Staff Report Inland Private Capital Corp. has sold a 116,221-square-foot retail center in East Northport, N.Y., to RioCan Holdings for $40.2 million. The property, Huntington Square Plaza at 3124 East Jericho Turnpike on Long Island, N.Y., ...

Kimco Realty Corp. has paid $61.8 million for two shopping centers in New York and New Jersey. Kimco purchased Independence Plaza, a 245,000-square-foot shopping center in Selden, N.Y., for about $43.5 million. The property was purchased through a venture in ...

Commercial Real Estate Direct Staff Report An affiliate of Hines Global REIT Inc. has agreed to pay $103 million for Marlborough Campus, a four-building office property in the Boston suburb of Marlborough, Mass. The fully-leased property, at 100, 110, 250 ...

The largest loan in the collateral pool of Bear Stearns Commercial Mortgage Securities Trust, 2005-PWR9, with a balance of $135.9 million, has been split into two components, one reflecting the collateral property's appraised value, and extended by five years to ...