Law firm O'Melveny & Myers LLP has signed a 15-year lease for 142,000 square feet at 1301 Avenue of the Americas, where it will replace Credit Agricole, whose existing lease matures in February. The law firm will occupy...

San Francisco Business Times An affiliate of Magna Hospitality has paid $21 million, or $182,608/room, for the 115-room Wingate by Wyndham San Jose. The Warwick, R.I., investment firm purchased the San Jose, Calif., property, at 5190 Cherry Ave.,...

PCCP LLC has provided $72.7 million of financing for Rose Valley Capital's acquisition of Carlyle at Bartram Park, a 336-unit apartment property in Jacksonville, Fla. Rose Valley, an affiliate of Hampshire Properties of Brooklyn, N.Y., purchased the property,...

West Valley Properties Inc. has paid $53.1 million, or $355.61/unit, for Reserve at San Tan, a 149,321-square-foot office property in Gilbert, Ariz. The Los Altos, Calif., investor purchased the property from Orsett Properties of Phoenix, in a deal...

Northwestern Mutual has provided $124 million of financing to facilitate IDS Real Estate Group's purchase of the 1.17 million-square-foot industrial property at 14950 Meridian Parkway in Riverside, Calif. The Los Angeles developer acquired the property earlier this year...

Crain's New York Yellowstone Real Estate Investments has filed to foreclose against $170 million of mortgage debt it holds against the 697-room Maxwell Hotel at 541 Lexington Ave. in midtown Manhattan. The New York investor had purchased the...

REBusiness Online HUBB NYC has paid $40 million, or $634,921/unit, for the 63-unit apartment building at 223 Fourth Ave. in the Park Slope area of Brooklyn, N.Y. The New York apartment owner and operator bought the 13-story building,...

Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc. has negotiated four-year term extensions for a pair of CMBS loans with a balance of $158.25 million against shopping malls it owns in suburban Atlanta and Charleston,...

Commercial Real Estate Staff Report ACORE Capital has provided $79.42 million of financing to facilitate Western Wealth Capital's purchase of the 352-unit Villette Apartment Homes in Mesa, Ariz. The Vancouver, British Columbia, investment manager paid $108 million, or...

Bring Me The News Fidelis has paid $50.25 million, or $112.67/sf, for the 446,000-quare-foot HarMar Mall in Roseville, Minn. The Bellaire, Texas, real estate company purchased the property from Gateway Washington, a Los Angeles investor group, which had...

Post Road Group has provided $148 million of construction financing for Metro Parc, a proposed 559-unit apartment property in Hialeah, Fla., which is just outside of Miami. The two-building property, on a 3.26-acre site at 955 East 25th...

Commercial Property Executive Novva Data Centers has paid $45.2 million, or $183.44/sf, for Tropical Distribution Center Building IV, a 246,400-square-foot industrial property in Las Vegas. The Jordan, Utah, company purchased the property from VanTrust Real Estate. The property,...

Commercial Real Estate Direct Staff Report The $72.24 million CMBS loan against the Bellis Fair Mall in northern Washington, near the Canadian border, which was offered at auction last week, is said to have drawn a high bid...

Stos Partners has sold the 182,275-square-foot industrial building at 159 North San Antonio Ave. in Pomona, Calif., for $45.9 million, or $251.82/sf. The San Diego investment firm was self-represented in the deal, while the buyer, which could not...

Continued deterioration in the financial performance of the Square One Mall in Saugus, Mass., has led to Moody's Investors Service downgrading two principal-paying and one interest-only class of COMM, 2012-LC4. The CMBS transaction holds an $80.34 million loan...

TA Realty has paid $90.5 million, or $218/sf, for the Green Valley Corporate Park, a recently built industrial complex with 415,107 square feet in Fairfield, Calif., just east of Napa, Calif. The three-building property, on a 26.5-acre site...

Affiliates of Oaktree Capital Management have paid $30.1 million, or nearly $115/sf, for International Corporate Park, a recently completed industrial property with 262,200 square feet in Orlando, Fla. The property, comprised of two buildings with a shared truck...

Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating S&P Pricing % Yield% Final Pricing (bp) Bnch mark A-1 7.73 30.00 2.31 AAA AAA AAA 100.00 5.289 +130 P-spread A-2 98.05 30.00 4.65 AAA...

Commercial Real Estate Staff Report Forethought Life Insurance Co. has provided $65.05 million of financing to facilitate the purchase of Dobson 2222, a 258-unit apartment property in Chandler, Ariz. Sares Regis Multifamily Funds of Newport Beach, Calif., purchased...

The Real Deal Dart Enterprises is buying the former AIG headquarters building at 175 Water St. in lower Manhattan for $252 million, or $368/sf. The Cayman Islands company led by Ken Dart is buying the 684,455-square-foot property from...

A New York investor group, DK WFNO LLC, has paid $31.42 million, or $1,037/sf, for a net-leased Whole Foods supermarket with 30,300 square feet in New Orleans. The purchase allowed the group, led by an affiliate of A&R...

Kingsbarn Realty Capital has paid $114.5 million, or $329.96/sf, for Green Valley Corporate Center North and South, a six-building office complex with 347,015 square feet in Henderson, Nev. The Las Vegas private-equity firm purchased the property from JMA...

PCCP LLC has provided $59.3 million of mortgage financing to facilitate LDK Ventures' $118.5 million, or $395,000/unit, purchase of the 300-unit Integra Peaks at Damonte Ranch apartment property in Reno, Nev. The property, which is roughly 75 percent...

Commercial Real Estate Staff Report First Foundation Bank has provided $37.22 million of financing to facilitate the purchase of Ponderosa Ranch, a 272-unit apartment property in Tempe, Ariz. A group of Paradise Valley, Ariz., investors led by Avtar...

Commercial Real Estate Direct Staff Report Property sales volumes declined in August to $42.89 billion, according to MSCI Real Assets, from a revised $58.36 billion in July, marking the second straight month of declining sales volumes. Monthly sales...