Multi-Housing News Land & Apartments has paid $70 million, or $183,727/unit, for Villages at Lake Silvercote, a 381-unit apartment property in the St. Louis suburb of Wentzville, Mo. The St. Louis investor bought the property, at 100 Dry...

Dick’s Sporting Goods has purchased the vacant Nordstrom anchor space at the Christiana Mall in Newark, Del. The sporting-goods retailer, headquartered in Coraopolis, Pa., paid $8.79 million, or $71.50/sf, for the 123,000-square-foot store, according to the Delaware News-Journal,...

Fannie Mae funded $14.2 billion of multifamily mortgages during the second quarter, marking its slowest quarter in at least a year. The housing-finance agency funded $17.1 billion of loans in the first quarter, so its lending activity for...

Commercial Real Estate Direct Staff Report Vulcan Real Estate is said to have entered an agreement to sell Tower 1 at West Maine, a 364,868-square-foot office property in Bellevue, Wash., for $340 million, or $931.84/sf. The buyer is...

A group of lenders led by Wells Fargo Bank has provided $1.2 billion of financing for the construction of the proposed 930,000-square-foot office building at 343 Madison Ave. in Midtown Manhattan. The 46-story building, which will have direct...

Puget Sound Business Journal Security Properties has paid $55.1 million, or $411,194/unit, for the 134-unit Langara Apartments in Issaquah, Wash., a city that's 17 miles east of Seattle. The Seattle investment manager acquired the property from JB Matteson,...

Commercial Real Estate Direct Staff Report BXP Inc. has generated $368.51 million of proceeds from the sale of properties this year through June. That brings total proceeds from asset sales for the Boston REIT to $1.25 billion. The...

Boston's One Marina Park Drive office building is said to be close to being sold for $435 million, or roughly $885/sf. The 491,573-square-foot building, within the Fan Pier mixed-use complex in the city's Seaport District, is owned by...

Washington Business Journal A venture of Garfield Investments and Broad Creek Capital has agreed to pay $26.2 million, or $134.97/sf, for the 194,115-square-foot office property at 1667 K St. NW in Washington, D.C. James Campbell Co. of Kapolei,...

Washington Business Journal Trinity Property Consultants has paid $84.5 million, or $239,376/unit, for The Rowan, a 353-unit apartment complex in Washington, D.C. The Irvine, Calif., multifamily owner acquired the 10-story property from its developer, High Street Residential, an...

Puget Sound Business Journal Mesirow has paid $157 million, or $668,085/unit, for the 235-unit Island Square Apartments in Mercer Island, Wash., about five miles east of Seattle. The Chicago investment manager acquired the property, at 2758 78th Ave....

DivcoWest has completed its purchase of a 47.5% stake in the 101 California St. office building, with 1.25 million square feet in San Francisco's financial district. The San Francisco investment manager bought the stake for a price that...

Commercial Real Estate Direct Staff Report Valley Bank has provided $55.7 million of financing against 143,354 square feet of office and retail space at Tampa's Midtown East office building. The 10-year credit, arranged by JLL Capital Markets, was...

SL Green Realty Corp. is starting an effort to refinance the $1.77 billion of mortgage financing against 245 Park Ave., the 1.78 million-square-foot office building in Midtown Manhattan that it owns through a venture with HNA Group. The...

Balbec Capital LP has provided $42.75 million of mortgage financing against the 301-unit Bend on Bluebonnet apartment property in Baton Rouge, La. JLL Capital Markets arranged the three-year loan on behalf of the property's owner, a venture of...

OceanFirst Financial Corp. has sold a $1.3 billion portfolio of multifamily loans, most backed by properties subject to New York City's onerous rent regulations. The banking company, parent of OceanFirst Bank, assumed the loans through its acquisition last...

Multi-Housing News Tishau Holdings Properties has paid $87 million, or $217,500/unit, for the 400-unit Mirasol Apartments in Las Vegas. The Menlo Park, Calif., company acquired the property, at 2180 East Warm Springs Road, from Waterton of Chicago, which...

Boston Business Journal Equus Capital Partners has bought the two-building Centech Park North industrial property in Shrewsbury, Mass., for $75.1 million, or $250.27/sf. The Newtown Square, Pa., investment manager acquired the 300,075-square-foot business park from its developer, NorthBridge...

Charlotte Business Journal Asana Partners has paid $60 million, or $919.17/sf, for Specialty Shops SouthPark, a 65,276-square-foot retail property in Charlotte, N.C. The local company bought the open-air shopping center from a venture of Hill Partners, also of...

South Florida Business Journal Kamson Corp. has paid $90.5 million, or $189,331/unit, for Ponte Verde at Palm Beach Lakes, a 478-unit residential condominium community in West Palm Beach, Fla. The Englewood Cliffs, N.J., apartment owner purchased the complex...

Dallas Business Journal Lone Star Funds has purchased the 457,901-square-foot Premier Place office property in Dallas for an undisclosed price. The London investment firm purchased the 20-story building from Glenstar Properties of Chicago, which paid $140 million for...

The Wideman Co. has bought the TotalEnergies Tower, an 850,000-square-foot office property in downtown Houston. The sale was first reported by the Houston Chronicle. The Orlando, Fla., investor purchased the 35-story building from Brookfield Properties, which had bought...

Tampa Bay Business Journal EQT Real Estate has purchased the 605,412-square-foot CenterState Logistics Center industrial property in Lakeland, Fla., for $61.5 million, or $101.58/sf. Griffin Capital Essential Asset REIT Inc. sold the warehouse, which it had purchased in...

Harbor Group International has paid $41.5 million, or $411.62/sf, for the 100,820-square-foot office building at 500 North Gulph Road in the Philadelphia suburb of King of Prussia, Pa. The Norfolk, Va., investment manager bought the five-story building from...

Vital Infrastructure Property Trust has paid $89.9 million, or $632/sf, for the 142,249-square-foot East New York Health Hub medical-office building at 101 Pennsylvania Ave. in the East New York area of Brooklyn, N.Y. The Toronto REIT, the former...