Commercial Real Estate Direct Staff Report Namdar Realty Group has paid $66 million, or $63/sf, for the 1.05 million-square-foot Jefferson Tower office building in Houston. The Great Neck, N.Y., investor, which is best known for buying distressed malls...

Commercial Real Estate Direct Staff Report Carmel Partners has paid $141.38 million, or $579,426/unit, for the 244-unit Stella apartment property in the Los Angeles suburb of Marina Del Rey, Calif. The San Francisco investment manager acquired the property,...

Commercial Real Estate Direct Staff Report Chronic cash flow issues at Park Place at Florham Park in northern New Jersey could soon result in its transfer to the CMBS trusts holding a $62.5 million loan against the 360,265-square-foot...

Kennedy Wilson has paid $135 million, or $196,506/unit, for the Chadwick, a 687-unit apartment property in Los Angeles' Koreatown neighborhood. The Beverly Hills, Calif., investment manager acquired the property, at 209 South Westmoreland Ave., from LeFrak of New...

Commercial Real Estate Direct Staff Report Palisades Center Mall in New York's Rockland County is scheduled to be sold at a foreclosure auction on Feb. 4. News of the pending foreclosure auction was reported first by the Rockland...

Commercial Real Estate Direct Staff Report Security Properties Inc. has recapitalized the 398-unit Anthology Apartments in Issaquah, Wash., in a deal that values the property at $191.99 million, or $482,386/unit. The recapitalization involved bringing in a new capital...

Commercial Real Estate Direct Staff Report Investor Capital Group has paid $22 million, or $115,789/unit, for the 190-unit Vertical East Apartments in Tucson, Ariz. The Seattle investment manager acquired the property, at 2050 North Pantano Road, from Vertical...

Triangle Business Journal An affiliate of Delaware Life Insurance Co. has bought the 376-bed Live on Hillsborough student-housing complex in Raleigh, N.C., for $52.7 million, or $140,160/bed. The Zionsville, Ind., company purchased the 203-unit property from a venture...

Commercial Real Estate Direct Staff Report Weidner Apartment Homes has paid $287.44 million, or $439,510/unit, for the 654-unit Via 6 Apartments in Seattle. The Kirkland, Wash., investor acquired the property from its developer, a venture of Pine Street...

Phoenix Business Journal EQT Exeter has paid $104.55 million, or $157.61/sf, for Commerce@303, a 663,367-square-foot industrial property in Litchfield, Ariz., a western suburb of Phoenix. The Radnor, Pa., REIT, whose shares do not trade on any exchange, acquired...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating S&P Rating Fitch Rating Kroll Price % Yield % Final Pricing (bp) Bnch mrk A-1 6.03 30.00 2.56 AAA AAA AAA 99.99999 4.39855 +75 J-spread A-2 110.00...

Mesa West Capital has provided $201.5 million of financing to facilitate the $272.34 million purchase of four apartment properties with 574 units in California's San Francisco Bay Area and Seattle by a venture of Interstate Equities Corp. and...

South Florida Business Journal Faropoint Ventures has paid $24.45 million, or $168.35/sf, for a portfolio of four warehouse properties totaling 145,232 square feet in the Miami area. The Hoboken, N.J., company purchased the industrial portfolio from Longpoint Partners...

The Real Deal DivcoWest has agreed to buy a stake in the 1.25 million-square-foot office building at 101 California St. in San Francisco. The San Francisco investment manager is purchasing the stake from the Hong Kong Monetary Fund, which...

Commercial Real Estate Direct Staff Report The $15.62 million CMBS loan against the 136-room Aloft Lubbock hotel in Lubbock, Texas, originated exactly a year ago, hasn't received a payment since October and is now classified as being more...

Commercial Observer A venture of Carr Properties and Barings has paid $85 million, or $402.84/sf, for the 211,000-square-foot office property at 1401 New York Ave. NW in Washington, D.C. It acquired the property from French bank BNP Paribas,...

Crescent Coast Partners has paid $30 million, or $145.83/sf, for the 205,725-square-foot Terraces at Copley office property in San Diego. The Los Angeles investment firm acquired the six-story property from Peakstone Realty Trust, an El Segundo, Calif., REIT,...

Commercial Real Estate Direct Staff Report The CRE Finance Council's latest board of governors' sentiment index increased 2.1% in the third quarter to 125.4, just shy of the all-time high of 126.6 set in the fourth quarter of...

Commercial Observer A bank group led by TD Bank has provided $83 million of mortgage financing against the 175,000-square-foot office property at 100 Crosby St. in the SoHo section of Manhattan. The property is owned by GFP Real...

Commercial Observer M&T Realty Capital Corp. has provided a $55.7 million loan against the 252-unit LiveWell Apartments in Pittsburgh. The property, at 550 Wood St., is a former 314,000-square-foot office building that was converted into apartments and is...

Commercial Real Estate Direct Staff Report The former One Shell Square office building in downtown New Orleans, facing the potential loss of its largest tenant, has had its appraised value cut in half to $89.9 million. The 1.25...

Csquare has paid $97 million for the 224,505-square-foot data center at 4650 and 4700 Old Ironsides Drive in the San Francisco Bay Area city of Santa Clara, Calif. The Dallas investment manager, previously known as Centersquare, acquired the...

Commercial Real Estate Direct Staff Report Nuveen has provided $72.3 million of financing to facilitate Stockdale Capital Partners' purchase of Quincy at Kierland, a 266-unit apartment property in Scottsdale, Ariz. Stockdale, a Los Angeles investment manager, bought the...

Commercial Real Estate Direct Staff Report LaSalle Investment Management's real estate debt strategy has provided $96.7 million of mortgage financing against three apartment properties with 640 units in Louisville, Ky. Last March, the investment manager launched LaSalle Real...

Commercial Real Estate Direct Staff Report Westmount Realty Capital has paid $88.5 million, or $109.38/sf, for the 809,138-square-foot Lillard Drive Industrial portfolio in Sparks, Nev. The Dallas investor acquired the three-building property, at 350, 360, and 450 Lillard...