TDA Investment Group has provided $33.8 million of financing for the construction of the 428,185-square-foot industrial property at 10400 Amargosa Road in Hesperia, Calif. The loan from the San Mateo, Calif., investment manager, which was founded in 1980...

Amazon.com has paid $95.92 million, or $88/sf, for the 1.09 million-square-foot industrial property at 44 Commerce Parkway in the Columbus, Ohio, suburb of West Jefferson, Ohio. The online retail giant acquired the property, at 44 Commerce Parkway, from...

The Real Deal Gencom has paid $320 million, or $1.26 million/room, for the 253-room Ritz-Carlton Hotel at 50 Central Park South in Manhattan. The Miami investor acquired the property from a venture of Westbrook Partners and Korea Investment...

South Florida Business Journal Harbor Group International has bought the Plantation Gardens Apartments, a 372-unit complex in Plantation, Fla., for $69.2 million, or $186,022/unit. The Norfolk, Va., investor acquired the property from Aimco, a Denver multifamily REIT. As...

Associated Bank and Wintrust Financial have provided $55 million of financing for the construction of the 238-unit Union Villa Park apartment property in Villa Park, Ill., a western suburb of Chicago. The property, at 110 South Villa Ave.,...

Commercial Real Estate Direct Staff Report Pyramid Management Group has lined up $204.5 million of financing against its Walden Galleria shopping mall in the Buffalo, N.Y., area, allowing it retire a $196.43 million CMBS loan that was set...

Commercial Real Estate Direct Staff Report The 220,000-square-foot 345 Seventh Ave. office building in Manhattan's Penn Plaza area is being offered for sale through a uniform commercial code foreclosure. Benefit Street Partners provided financing in 2021 to fund the...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating S&P Rating Mstar DBRS Price % Yield % Final Pricing (bp) Bnch mrk A-1 0.26 30.00 2.45 AAA AAA AAA 99.9983 4.3504 +90 J-spread A-2...

Commercial Real Estate Direct Staff Report Simon Property Group has negotiated a nearly one-year term extension of what was the $100 million mortgage against the Avenues shopping mall in Jacksonville, Fla. The loan, securitized through COMM, 2013-CCRE6, transferred to...

Multi-Housing News Greystone has provided a $115 million Freddie Mac loan against Courtlands on the Park, a 918-unit apartment property in Des Plaines, Ill., a northern suburb of Chicago. The five-year loan requires only interest payments for its...

Commercial Real Estate Direct Staff Report Dever Properties LLC, which has owned the 346,216-square-foot office building at 215 Park Ave. South in Manhattan's Midtown South submarket for more than 40 years, has refinanced the property's $95 million mortgage....

San Antonio Business Journal The Thompson San Antonio - Riverwalk hotel is scheduled to be offered at a foreclosure auction March 3 at the Bexar County Courthouse. DC Partners developed the property in 2021 at 115 Lexington Ave....

Landmark Cos. has paid $35.08 million, or $318,909/unit, for the Grove at Piscataway, the 110-unit apartment property in the central New Jersey township of Piscataway. The Woodbridge Township, N.J., developer bought the property, at 67 Old New Brunswick...

Commercial Real Estate Direct Staff Report An affiliate of Irgang Group has paid $85 million, or $310.25/sf, for the 273,973-square-foot Gilbert Gateway Towne Center retail property in the Phoenix suburb of Mesa, Ariz. The New York investment firm...

Canadian Imperial Bank of Commerce has provided $38.1 million of financing for the construction of a 149-unit apartment property at 310 West Huron St. in Chicago's River North neighborhood. JLL Capital Markets arranged the three-year loan on behalf...

Dwight Capital has provided $60 million of mortgage financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 184-unit Lotus Alchemy apartment property in downtown Salt Lake City. Loans under HUD's...

Commercial Real Estate Direct Staff Report Citi Real Estate Funding Inc. has provided $83 million of mortgage financing against the 331,744-square-foot office property at 50 West 23rd St. in the Midtown South section of Manhattan. The loan, which...

Tavros has paid $143 million for the development site at 250 Water St. in Manhattan's Financial District, with plans for a 600-unit apartment property. The New York investor acquired the site from Howard Hughes Corp. of Dallas, which...

Dwight Capital has provided $110 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program for the 403-unit Fifty Five Union apartment property in Newark, N.J. The property, at 55 Union St., is in...

Commercial Observer Dan Hotels has paid $121 million, or $458,333/room, for the 264-room NoMo SoHo Hotel at 9 Crosby St. in the SoHo section of Manhattan. The Israeli hotel company, which owns 18 properties in Israel and one...

Atlanta Business Chronicle Goldman Sachs has bought the 210-unit 92 West Paces Ferry Road apartment complex in Atlanta for $90.8 million, or $432,381/unit. The New York investment banking giant purchased the nine-story property from Mesirow, a Chicago financial services...

Commercial Real Estate Direct Staff Report Nationwide Life Insurance Co. has provided $26.94 million of mortgage financing to fund Equus Capital Partners' $46.85 million, or $137/sf, purchase of the 341,867-square-foot Falls Lake Commerce Center industrial property in the...

ORIX Corp. has provided a total of $64.3 million of financing against two apartment properties with a combined 304 units in the western suburbs of Phoenix. The lender provided $33.05 million against the 153-unit Villas Litchfield at 12730...

New York City Mayor Zohran Mamdani is proposing an increase in property taxes in the five boroughs to help address a $5.4 billion gap in the city's preliminary $127 billion budget. In an address at City Hall, the...

JLL Capital Markets has arranged $77.1 million of financing for the development of Commerce Yards, a 466,000-square-foot industrial property in Commerce City, Colo. The financing is comprised of a construction loan from First Horizon Bank, as well as...