Commercial Real Estate Direct Staff Report Blackstone Real Estate Debt has provided $89.99 million of financing against the 353-unit Rye Sobo apartment property in Denver. JLL Capital Markets arranged the loan on behalf of the property's developer and...

MGR Real Estate has paid $24.68 million, or $232.07/sf, for the 106,345-square-foot Lakeview office property in Ontario, Calif. The local investor acquired the two-building property, at 3257 East Guasti Road, from BH Properties, which was represented by Newmark....

  Class Amt $mln Sub Level % Avg Life (yrs) Rating S&P Rating Fitch Rating Kroll Price % Yield % Final Pricing (bp) Bnch mrk A-1 44.73 30.00 2.69 AAA AAA AAA 99.99999 4.6253 +73 J-spread A-4 90.00...

Commercial Real Estate Direct Staff Report Only 3,854 apartment units were delivered in Phoenix during the first quarter, marking the lowest quarterly volume in more than four years and a 20% drop from the fourth quarter, according to...

Boston Business Journal An affiliate of Fidelity Investments has paid $100 million, or $420.17/sf, for a 238,000‑square‑foot warehouse property at 800 Salem St. in the Boston suburb of Wilmington, Mass. The Boston investor purchased the industrial property from...

A venture between Sculptor Real Estate and Trinity Investments has paid $835 million, or $1.03 million/room, for the 809-room JW Marriott Marco Island Beach Resort on Marco Island, near Naples, Fla. The venture bought the property, which was...

Commercial Real Estate Direct Staff Report A venture of Pyramid Management Group, Rhode Island developer Joe Paolino Jr., and DW Partners has struck a deal to buy the Providence Place Mall in Providence, R.I., potentially resolving the property's...

Philadelphia Business Journal DRA Advisors has paid $58 million, or $322,222/unit, for The Flats at Lansdale, a 180‑unit apartment property in the Philadelphia suburb of Lansdale, Pa. The New York investment firm purchased the six-building property from an...

Philadelphia Business Journal MRP Realty is offering for sale The Griffin, a 217‑unit apartment building in downtown, or Center City, Philadelphia. The Washington, D.C., company bought the property in 2014 for $33 million from Ashkenazy Acquisition Corp. of New...

Crain's Chicago Business Spear Street Capital has agreed to pay about $40 million, or $274.32/sf, for the 145,816-square-foot office property at 1201 West Lake St. in Chicago's Fulton Market neighborhood. The San Francisco investment firm is buying the...

The Real Deal Cousins Properties Inc. is selling One Eleven Congress, a 503,344-square-foot office building in downtown Austin, Texas. The Atlanta REIT said the sale is expected to close in the third quarter. The pending buyer and sales...

Triangle Business Journal Momentum Real Estate Partners has paid $87.1 million, or $323,792/unit, for the University Hill Apartments, a 269‑unit complex in Durham, N.C. The Miami company purchased the four‑story building from Hawthorne Residential Partners of Charlotte, N.C.,...

South Florida Business Journal LeFrak Organization has bought Harbour at New River, a 337‑unit apartment building in downtown Fort Lauderdale, Fla., for $180 million, or $534,125/unit. The New York company purchased the 36-story property from its developer, a...

Bloomberg AvalonBay Communities and Equity Residential are reportedly in talks about a potential merger of the two major apartment REITs. Should a deal occur, the combined entity would be the largest apartment owner in the country with 183,482...

Nashville Business Journal Local developer Tony Giarratana is offering for sale the Alcove, a 356-unit apartment building in downtown Nashville, Tenn. Newmark has the listing for the 34-story building at 900 Church St. The property comes to market...

Multi-Housing News Valor Residential Group has lined up $46.2 million of financing against a portfolio of three apartment properties with a total of 508 units in Fayetteville, N.C. KeyBank Real Estate Capital provided the bridge loan. Valor, of Chestnut...

Yield Pro Providence Real Estate has lined up $60.24 million of Freddie Mac financing against the 390-unit 2211 Grand Isle Apartment Homes in Brandon, Fla. Walker & Dunlop arranged the floating-rate loan against the property, which was built...

Commercial Real Estate Direct Staff Report JLL Capital Markets has arranged $46.25 million of financing against the 106-unit apartment property at 200 West Ocean Blvd. in Long Beach, Calif., about 20 miles south of Los Angeles. The three-year...

Commercial Real Estate Direct Staff Report An affiliate of MetLife Investment Management has paid $45.85 million, or $327,500/unit, for Grandstone at Sunrise, a 140-unit apartment property in Peoria, Ariz., a northern suburb of Phoenix. The Los Angeles investment...

Charlotte Business Journal The Keith Corp. wants to build a 1.7 million-square-foot industrial project in the Charlotte, N.C., suburb of Rock Hill, S.C. The Charlotte developer has filed plans to construct the three-building property on a 178-acre site...

Orlando Business Journal Wideman Co. has purchased the stake it didn't already own in the Truist Plaza mixed-use building in downtown Orlando, Fla., in a deal that valued the 28-story property at $92.8 million. The local company, whose...

Axonic Capital LLC has provided $71.6 million of mortgage financing against the 295,900-square-foot office building at 430 Park Ave. in Midtown Manhattan. The alternative investment manager funded the loan, which was arranged by Ackman-Ziff Real Estate Group, through...

Crain's Chicago Business A venture of Franklin Partners and Bixby Bridge Capital has paid $16 million for the $68.16 million of CMBS debt against 200 West Monroe St. in Chicago. The purchase puts the venture in position to...

Vornado Realty Trust Inc. has agreed to acquire a 49% stake in the 1.15 million-square-foot Park Avenue Plaza office building in Midtown Manhattan in a deal valuing the 44-story building at $1.1 billion. The New York REIT is...

Crain's Chicago Business Banco Inbursa has provided $125 million of financing against the 192-room St. Regis Chicago hotel. The loan allows the property's owner, a venture of Gencom Group and GD Holdings, to retire a $76 million mortgage that...