Bisnow Pacific Retail Capital Partners has taken control of the 402,929-square-foot Resurgens Plaza office building in Atlanta in a deed-in-lieu of foreclosure. The Los Angeles company took the 27-story building from Zeller Realty Group of Chicago, which originally...

South Florida Business Journal Griffis Residential has paid $41 million, or $284,722/unit, for Saba Pompano Beach, a 144-unit apartment complex in Pompano Beach, Fla. The Greenwood Village, Colo., multifamily investor purchased the eight-story property from Frankforter Group of...

Commercial Real Estate Direct Staff Report An affiliate of Bascom Group has paid $53.4 million, or $175,657/unit, for Retreat at Speedway, a 304-unit apartment property in Tucson, Ariz. The Irvine, Calif., investment manager acquired the property, at 7401...

L.A. Business First Orden Co. has paid $57 million, or $221.17/sf, for the 257,722-square-foot industrial building at 875 West State St. in Ontario, Calif. The Santa Fe Springs, Calif., developer acquired the warehouse from IHC State LLC in...

Commercial Observer Wells Fargo Bank has provided a $250 million loan against AtlanticBK, a 456-unit apartment property in the Bedford-Stuyvesant section of Brooklyn, N.Y. The 17-story property, at 1057 Atlantic Ave., is owned by a venture led by...

Commercial Real Estate Direct Staff Report Riot Games has paid $150 million, or $528.17/sf, for its headquarters building, the 284,037-square-foot Element LA office property in Los Angeles. The video game developer bought the building, at 12333 West Olympic...

San Antonio Business Journal Medcore Partners has lined up $69.4 million of financing for its purchase of Franklin Park Alamo Heights, a 221-unit seniors-housing complex in San Antonio. Forbright Bank provided the loan. Medcore, a Dallas real estate...

Rialto Capital has provided $113 million of mortgage financing against the Mix, a 469,749-square-foot mixed-use property in the Los Angeles suburb of Northridge, Calif. Newmark arranged the loan on behalf of the property's owner, a venture of Affinius...

A venture of Elliott Investment Management LP and Morning Calm Management has acquired City Office REIT Inc., a Vancouver, British Columbia, REIT with a portfolio of 49 office buildings totaling 5.4 million square feet in eight major markets....

Madison Realty Capital and Naftali Credit Partners have provided $125 million of financing for the construction of a 241-unit residential condominium property at 70-28 Grand Central Parkway in the Forest Hills section of Queens, N.Y. Madison provided an...

Rentv.com Tishman Speyer has paid $92.95 million, or $366.81/sf, for the 253,400-square-foot Christy Street Industrial Center in Fremont, Calif., a city that’s 40 miles south of San Francisco. The New York investment manager acquired the property, at 42840...

Commercial Real Estate Direct Staff Report Westcore has paid $90.7 million, or $272.80/sf, for Westcore Innovation Park, a 332,479-square-foot industrial property in Phoenix. The San Diego investment firm acquired the property, at 23869-23975 North 19th Ave. and 1775...

Atlanta Business Chronicle PGIM Real Estate has bought Notion Decatur, a 290-unit apartment complex in the Atlanta suburb of Decatur, Ga., for $76 million, or $262,069/unit. The Newark, N.J., company purchased the six-story property from Toll Brothers of...

Commercial Real Estate Direct Staff Report Rialto Capital Advisors has changed the terms of a modification of the $130 million CMBS loan against the 78,287 square feet of retail space at the base of the 350-room Renaissance by...

Sym Investments has paid $80 million, or $344,827/unit, for the 232-unit SilverLake Apartments at 155 and 165 Belmont Ave. in the northern New Jersey township of Belleville. The Cedarhurst, N.Y., investor acquired the property from Klein Enterprises of...

Dallas Business Journal Fortress Investment Group has paid $226.5 million, or $151/sf, for the 1.5 million-square-foot Sparks LS complex that's currently being built in Morrisville, N.C. The Dallas company purchased the life-sciences campus from a venture of Trinity Capital...

Orlando Business Journal KABR Group has bought the 262-unit Edison Daytona apartment complex in Daytona Beach, Fla., for $49 million, or $187,023/unit. The Englewood, N.J., company purchased the four-building property from Unicorp National Developments Inc. of Orlando, Fla.,...

Benefit Street Partners has raised $3 billion of investor commitments for a follow-up real estate credit fund, BP Real Estate Opportunistic Debt Fund II. The fund is a follow-up to a $518 million vehicle the New York investment...

Silicon Valley Business Journal Interstate Equities Corp. has paid $87 million, or $583,892/unit, for mResidences Mountain View, a 149-unit apartment complex in Mountain View, Calif., a city that's 39 miles south of San Francisco. The Los Altos, Calif.,...

Commercial Real Estate Direct Staff Report The $260 million CMBS loan against the 5 Penn Plaza office building in midtown Manhattan has been extended by two years through January 2028. The loan, which initially matured this month, transferred...

Minneapolis/St. Paul Business Journal Oaks Properties has paid $50.45 million, or $249,752/unit, for the Eddi, a 202-unit apartment property in Edina, Minn., about 11 miles south of Minneapolis. The Minneapolis management company acquired the property, at 4911 West...

North River Co. has paid $34.5 million, or $192.54/sf, for the 179,188-square-foot Alexandria Center for Life Science property in the Long Island City section of Queens, N.Y., according to a report in Commercial Observer. The New York investment...

Commercial Real Estate Direct Staff Report A venture of Hankey Investment Co. and Barker Pacific Group has paid $61 million, or $187.12/sf, for Sunset Media Center, a 325,995-square-foot office property in Los Angeles. Hankey and Barker Pacific, both...

Commercial Real Estate Direct Staff Report JRK Property Holdings has paid $400 million for three apartment properties totaling 803 units in Seattle, Los Angeles, and Hoboken, N.J. The Los Angeles investment manager bought the properties from Equity Residential...

Accesso, owner of the 235,620-square-foot 3900 Essex Lane office property in Houston, has negotiated a two-year term extension of the property's $14.75 million loan, taking its maturity to October 2027. The loan, provided by Benefit Street Partners, was...