The Real Deal RPM Living has paid $99 million, or $443,946/unit, for One Six Six, a 223-unit apartment property in Chicago. The Austin, Texas, apartment investor purchased the property from its developer, Greystar of Charleston, S.C. JLL brokered...

Commercial Observer A venture of East West Partners, CBC Real Estate and Affinius Capital has lined up $141 million of financing against a 535,000-square-foot office campus in Raleigh, N.C. Cantor Fitzgerald provided the loan, which was arranged by...

Peachtree Group has raised $91.5 million through a Delaware Statutory Trust for the purchase of the 594,522-square-foot distribution facility at 122 Dorchester Village Road in Midway, Ga., which is roughly 30 minutes from Savannah, Ga. The Atlanta investment...

Philadelphia Business Journal The City of Philadelphia Department of Aviation has paid $42 million, or $95.24/sf, for a 441,000-square-foot office building at 8800 Tinicum Blvd. in Philadelphia. The government agency, which operates the city's two airports, including the nearby...

Commercial Real Estate Direct Staff Report The two northern New Jersey office buildings backing what is now a $50.89 million CMBS loan that has been delinquent since March have been reappraised at a value of only $19.7 million....

The Real Deal KKR Real Estate has paid $346.5 million, or $544,811/unit, for Lynhaven, a 636-unit apartment property in San Jose, Calif. The seller was not immediately known. Lynhaven, at 919 South Winchester Blvd., was built in 2020...

A venture of Rockpoint and Newbond Holdings has paid $47.1 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale, Curio Collection by Hilton. The venture bought the five-year-old property, which sits on a waterfront parcel at 525...

Commercial Property Executive Waterfall Asset Management and Delaware Life have provided $64.7 million of financing against the 301,000-square-foot Torrance office building in Torrance, Calif. Newmark arranged the financing on behalf of the property's owner, Related Cos., which bought...

Gaia Real Estate has negotiated another one-year term extension for the $48 million mortgage against the 117-unit 55 Hope St. apartment building in Brooklyn, N.Y. The loan, held by Raymond James Bank, initially matured last September but was extended...

Atlanta Business Chronicle Link Logistics has paid $42.25 million, or $183.27/sf, for a 230,530-square-foot industrial building at 460 Horizon Drive in Suwanee, Ga., a suburb of Atlanta. The industrial investment arm of Blackstone purchased the property from a...

Atlanta Business Chronicle Sherman Residential has paid $67.2 million, or $190,909/unit, for the 352-unit Celadon on Club apartment property in Lawrenceville, Ga., about 25 miles northeast of Atlanta. The Northbrook, Ill., multifamily investor purchased the property from Oxford...

Philadelphia Business Journal Burlington Stores has agreed to pay $240 million, or $544.22/sf, for a 441,000-square-foot office building at 3151 Market St. in Philadelphia's University City neighborhood. The Burlington Township, N.J., retailer is purchasing the 14-story property from...

Washington Business Journal A venture of Stonebridge, The Bernstein Cos., and Criterion Real Estate Capital has lined up $175.6 million of construction financing for the redevelopment of 1990 K St. NW in Washington, D.C. A lending group led...

Commercial Real Estate Direct Staff Report Commercial real estate transaction volume reached $233.6 billion during the first half, according to Avison Young. That's up 14.7% from the $203.7 billion of volume recorded a year ago. The first quarter...

Denver Business Journal Carmel Partners has paid $110 million, or $390,071/unit, for the 282-unit Fitzgerald apartment complex in downtown Denver. The San Francisco multifamily owner purchased the property from its developer, Greystar of Charleston, S.C. The property serves...

Frontier Realty Group has paid $75 million, or just more than $251/sf, for the 298,694-square-foot Miracle Mile shopping center in the Pittsburgh suburb of Monroeville, Pa. The company is a venture of New York investors Wharton Realty Group...

Commercial Real Estate Direct Staff Report Modestly higher interest rates during the second quarter weighed on life insurance companies' commercial mortgage holdings, as the LifeComps Total Return index posted a 0.98% total return during the period. The index...

South Florida Business Journal Baptist Health South Florida has paid $53.5 million, or $576.97/sf, for a 92,726-square-foot Kohl's department store building in Coconut Creek, Fla. The Miami nonprofit healthcare provider bought the property from Kohl's Corp., a Menomonee...

Commercial Property Executive Granite Properties has sold the mixed-use complex at 100 Bayview Circle in Newport Beach, Calif. The buyer and sales price could not yet be learned. The property consists of a 346,335-square-foot office building and a...

Walton Street Capital has provided $44 million of short-term financing against the 248-unit Harlow apartment property in the Tampa, Fla., suburb of Wesley Chapel, Fla. The three-year loan was arranged by Berkadia and allowed the property's developer, a...

Orlando Business Journal PRG Real Estate has paid $77.25 million, or $229,911/unit, for the 336-unit Citrus Tower Apartments in Clermont, Fla. The Philadelphia apartment owner acquired the property from Blackstone Real Estate of New York. JLL Real Estate...

South Florida Business Journal Rockpoint Group has paid $47.1 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale Beach, Curio Collection by Hilton hotel in Fort Lauderdale, Fla. The Boston real estate investment firm acquired the property...

Crain's Chicago Business An affiliate of Fairbourne Properties has paid $122 million, or $174.29/sf, for Village Crossing, a 700,000-square-foot shopping center in the Chicago suburb of Skokie, Ill. The Chicago investor acquired the retail property from Nuveen in...

Aggregate Real Estate Investors has paid developer Clarke-Hook Corp. $58 million for a portfolio of 11 retail, industrial, and mixed-use buildings with 313,729 square feet in northern Virginia. The buildings are 94% leased to more than 90 tenants....

Affinius Capital has provided $310 million of financing for the construction of the 1,049-unit Park Tower apartment building in Jersey City, N.J. The proposed 47-story building is being developed by Namdar Realty Group of Great Neck, N.Y., on...