Newcastle Partners has lined up $65.1 million of construction financing for Ellis Avenue Logistics Center, a 631,011-square-foot warehouse and distribution center in Perris, Calif. Bank OZK provided the loan, which was arranged by JLL Capital Markets. The industrial...

Bisnow Stream Realty Partner's investment management arm has paid $163.3 million, or $572.98/sf, for the 285,000-square-foot office property at 2001 M St. NW in Washington, D.C. The Dallas investor acquired the property from a venture of Brookfield Properties...

OakNorth Bank and Bravo Property Trust have provided $42 million of financing against a pair of assisted-living properties with a total of 177 units in suburban Detroit and Chesapeake, Va. OakNorth, an online bank based in the United...

Commercial Real Estate Direct Staff Report A Brookfield Asset Management investment fund has agreed to buy Peakstone Realty Trust, giving it a toehold in the industrial outdoor storage sector. The fund, Brookfield Strategic Real Estate Partners V LP,...

Commercial Observer Buccini Pollin Group has lined up $50.5 million of financing against the 203-unit Crosby Hills Apartments at 517 North Shipley St. in Wilmington, Del. MF1 Capital provided a $45 million senior loan, while Pearlmark provided $5.5...

Commercial Real Estate Direct Staff Report Mikhail Holdings has paid $32.25 million, or $70.41/sf, for Thirty 03, a 458,047-square-foot office building in Phoenix's Midtown neighborhood. The Windsor, Ontario, developer purchased the 26-story building, also known as the Phoenix Corporate...

Silicon Valley Business Journal Waterton has bought the Misora, a 212-unit apartment complex in San Jose, Calif., for $148.5 million, or $700,472/unit. The Chicago investor purchased the property from Federal Realty Investment Trust, a Bethesda, Md., REIT. Misora was...

CBRE has provided $128.2 million of Fannie Mae financing against the 465-unit Ashlar Park apartment property in the Boston suburb of Quincy, Mass. The financing, which was also arranged by CBRE, takes out a $128.7 million construction loan...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating S&P Rating DBRS Morningstar Price % Yield % Final Pricing (bp) Bnch mrk A-1 1.08 30.00 2.72 AAA AAA AAA 99.9986 4.2720 +73 J-spread A-2...

Charlotte Business Journal Cousins Properties has paid $317.5 million, or $497.65/sf, for 300 South Tryon St., a 638,000-square-foot office building in Charlotte, N.C. The Atlanta REIT purchased the 25-story structure from Barings in a deal brokered by CBRE. The...

Commercial Real Estate Direct Staff Report The Philadelphia area office market recorded 113,422 square feet of negative absorption last year, according to Newmark, marking the area's fifth straight year of negative absorption. The chronic negative absorption, or the...

Vigilant Real Estate Holdings has paid $22.65 million, or $175.07/sf, for two industrial buildings with 129,380 square feet at 20 and 40 Ledin Drive in the Boston suburb of Avon, Mass. The New York investor bought the buildings,...

Affinius Capital has provided $115 million of financing to fund the completion and lease up of the 160-unit apartment property at 162 East 36th St. in the Murray Hill section of Manhattan. The property is being developed by...

Charlotte Business Journal Sherman Residential has paid $58.6 million, or $195,333/unit, for the 300-unit Elan Prosperity Village apartment complex in Charlotte, N.C. The Chicago investment company purchased the 11-building property from its developer, Greystar of Charleston, S.C., which...

Dallas Morning News Starwood Property Trust has taken through foreclosure the National, a 52-story mixed-use building in downtown Dallas. The property's previous owner, local developer Todd Interests, owed about $230 million of debt against the 1.5 million-square-foot building...

South Florida Business Journal A venture led by Spira Equity Partners has paid $50.5 million, or $168,333/unit, for the Falls of Bonaventure, a 300-unit affordable housing complex in Weston, Fla. The Vancouver, British Columbia, company teamed with nonprofit...

Commercial Real Estate Direct Staff Report Fannie Mae funded $26.1 billion of multifamily loans during the final quarter of 2025, bringing full-year volume to $74 billion. The annual volume is a 34% increase from 2024, when the housing-finance...

Commercial Observer Morgan Stanley has provided a $99 million loan against the 278-room InterContinental Hotel at 801 Wharf St. SW in Washington, D.C. Newmark arranged the financing. The property, developed in 2017, is owned by CarrAmerica Realty Corp....

Multi-Housing News Z Modular has lined up $62.3 million of bridge financing against the Flatz 512, a 384-unit apartment complex in San Marcos, Texas. A venture of Castle Lanterra and InterVest Capital Partners originated the loan, which is...

FCP has paid $41.25 million, or $273,179/unit, for the 151-unit Yardley Monroe apartment property in the Charlotte, N.C., suburb of Monroe, N.C. The property was developed by Taylor Morrison Inc. of Scottsdale, Ariz., in 2014. It is comprised...

Morningstar DBRS has sharply downgraded the two most senior classes of the CMBS deal that holds a $161.42 million mortgage against nine office properties with 1.39 million square feet owned by a Brookfield Asset Management-sponsored fund. It downgraded...

BDT & MSD Partners and an affiliate of Apollo Global Management have provided $86 million of financing to fund the construction of the 316-unit apartment building that comprises the first phase of the District mixed-use complex in Round...

Commercial Observer CBRE has provided $96 million of Freddie Mac financing against the 360-unit Prospect Place apartment complex in the northern New Jersey city of Hackensack. The two-building property, at 300-310 Prospect Ave., is owned by Khosla Capital...

South Florida Business Journal Azora Private has bought the 55,000-square-foot office building at 3480 Main Highway in Coconut Grove, Fla., for $61 million, or $1,109/sf. The local investment firm purchased the five-story property from a venture of Torose...

Triangle Business Journal DRA Advisors has bought Forty540 II, a 198,424-square-foot office building in Morrisville, N.C., for $45.5 million, or $229.31/sf. The New York company purchased the five-story structure from FCP of Chevy Chase, Md., which had developed...