Commercial Real Estate Direct Staff Report The Macerich Co. venture that owns the Deptford Mall in the southern New Jersey township of Deptford paid off the property's $131.74 million mortgage when it matured last month. The loan, securitized...

Commercial Real Estate Direct Staff Report Berkadia has provided $30 million of Fannie Mae financing against the 166-unit Havenly Superstition apartment property in Apache Junction, Ariz. The seven-year loan pays a fixed coupon and requires only interest payments....

Washington Business Journal An affiliate of Office Properties Income Trust is offering for sale Union Center Plaza 5, a 253,164‑square‑foot office building near Union Station in Washington, D.C. The Newton, Mass., REIT has tapped JLL to market the...

Washington Business Journal Amazon Data Services Inc. has paid $65 million, or $590.91/sf, for a 110,000‑square‑foot data center in Manassas, Va. The tech giant acquired the property, which sits on 7.66 acres at 7505 Mason King Court, from...

Multi-Housing News A venture of Guardian Real Estate Services and PCCP has paid $63 million, or $189,759/unit, for Ladd Tower, a 332-unit apartment property in downtown Portland, Ore. Guardian, of Portland, and PCCP, of Los Angeles, acquired the...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody's Price % Yield % Final Pricing (bp) Bnch mrk A-1 5.27 30.00 2.39 AAA AAA Aaa J-spread A-2 75.00 30.00 4.59 AAA...

Commercial Real Estate Direct Staff Report Break of Day Capital has paid $33 million, or $110,000/unit, for the 300-unit River Oaks apartment property in Tucson, Ariz. The Manhattan Beach, Calif., investment manager, led by real estate syndicator Gary...

Commercial Real Estate Direct Staff Report The data-center sector's rapid growth is colliding with mounting challenges around power, community opposition, concentration, and underwriting risk. That appeared to be the consensus among panelists at last week's Trepp Connect conference...

Atlanta Business Chronicle A venture of BGO and Greenlaw Partners has paid $70.05 million, or $96.66/sf, for River Park 6, a 724,687‑square‑foot warehouse in Jackson, Ga., about 43 miles south of Atlanta. BGO, a New York investment firm,...

Triangle Business Journal Stonelake Capital Partners has paid $90.5 million, or $147.55/sf, for three recently completed industrial buildings totaling 613,353 square feet in Apex, N.C. The Austin, Texas, investor acquired buildings 2, 3, and 4, which sit on...

Puget Sound Business Journal Premier Storage Investors has paid $51 million, or $51,000/unit, for West Coast Self-Storage, a 1,000-unit property in Bellevue, Wash. The Memphis, Tenn., company acquired the self-storage facility from its developer, Commune Capital of Westlake...

Sonnenblick-Eichner Co. has arranged $110 million of mortgage debt against the 250-room Hotel NIA in the Silicon Valley city of Menlo Park, Calif. The five-year loan was provided by Madison Newbond, a lending venture between alternative lender Madison...

Jacksonville Business Journal Redfearn Capital has lined up $48 million of financing against a portfolio of eight light industrial properties totaling 380,589 square feet in Jacksonville, Fla. Prospect Ridge provided the financing. The properties are in Jacksonville's Westside...

San Antonio Business Journal An affiliate of Casey Development has tapped Berkadia to market for sale Tacara at Weiss Ranch, a 300‑unit apartment complex in Pflugerville, Texas. The property, at 4401 East Pflugerville Parkway, about 18 miles northeast...

Crain's Chicago Business Menashe Properties is in talks to pay less than $60 million, or $76.43/sf, for the 785,000-square-foot office property at 180 North LaSalle St. in Chicago. The Portland, Ore., investment firm would be buying the building...

Tampa Bay Business Journal Fairstead has paid $30.7 million, or $153,500/unit, for the Silver Oaks Apartments, a 200‑unit affordable housing complex in Tampa, Fla. The seller was not identified. The New York real estate company financed its purchase...

Philadelphia Business Journal An affiliate of Bridge Investment Group has paid $87 million, or $251.81/sf, for the 345,500‑square‑foot industrial and office complex at 4300 South 26th St. in Philadelphia. The Salt Lake City investment firm purchased the property...

Class Amt $mln Sub Level % Avg Life (yrs) Rating Moody's Rating Fitch Rating Kroll Price % Yield % Final Pricing (bp) Bnch mrk A-1 2.58 30.00 2.42 Aaa AAA AAA 99.99816 4.59019 +69.8 J-spread A-2 225.00 30.00...

The Durst Organization is offering for lease nearly all of the 655,208 square feet at its 114 West 47th St. office building in Midtown Manhattan. The New York developer is working with CBRE to lease the space, calling...

Crain's Chicago Business The State Teachers Retirement System of Ohio has paid $85 million, or $400,943/unit, for the 212-unit Fynn apartment property in Elmhurst, Ill., a western suburb of Chicago. The pension fund acquired the property from an...

Commercial Real Estate Direct Staff Report An estimated $797.1 billion of loans against commercial properties come due this year, according to Trepp Inc. That's roughly 16% of the $5.03 trillion universe of loans against income-producing properties. Banks hold...

PCCP has provided $78 million of financing against the 367-unit Alexan Evans Station apartment property in Denver. The property, at 2121 South Broadway, next to a light-rail station and near an on-ramp to State Route 85, was developed...

Philadelphia Business Journal Goldenberg Group is offering for sale Water Tower Square, a 269,000‑square‑foot shopping center in Lansdale, Pa., for sale. The suburban Philadelphia company has tapped CBRE to market the fully occupied property, which comes to market...

Commercial Real Estate Direct Staff Report The owner of Chicago's 2.78 million-square-foot Aon Center office property is looking to negotiate a term extension of the property's $536 million senior mortgage. The loan, which is senior to $141.5 million...

New York Post Citadel Securities isn't the only company rethinking its New York City expansion plans. Apollo Global Management, which is planning a second headquarters, is eyeing Florida or Texas. And it has said the bulk of its...