A venture of Hamilton Partners and Bow River Capital has secured $44.2 million of financing against Hamilton Logistics Center, a 474,600-square-foot industrial property in Salt Lake City. JLL Capital Markets arranged the five-year loan, which was provided by...
SRG Living Inc. has paid $28.6 million, or $80,790/unit, for the 354-unit Riverwood Apartments in Lansing, Ill., about 27 miles south of Chicago. The Lakewood, N.J., investor acquired the property, at 3649 173rd Court, from an investor group...
Crain's Chicago Business Barings is offering for sale Millennium on LaSalle, a 211-unit apartment property in Chicago. The Charlotte, N.C., asset manager hired CBRE to market the property, which was an office to residential conversion. Barings took over...
Law firm Holland & Knight has relocated to 145,000 square feet at the 520,000-sf Symphony Place office building in the SoBro neighborhood of Nashville, Tenn. The law firm relocated from Nashville City Center, at 511 Union St., where...
Commercial Real Estate Direct Staff Report Property prices increased slightly during the first quarter, according to the Trepp Property Price Index, or TPPI. Prices were up 0.09% from the fourth quarter and 0.48% from a year ago, according...
Bridge Housing has paid $25.35 million, or $234,722/unit, for Latitude, a 108-unit apartment property in the Seattle suburb of Everett, Wash. The San Francisco affordable-housing specialist acquired the property, at 12907 East Gibson Road, from Jackson Square Properties...
Berkadia has provided $35.2 million of Freddie Mac financing against the 394-unit Lake Village Apartments in Lake Orion, Mich., a northern suburb of Detroit. The 10-year loan allowed the property's owner, Fenton Management Co. of Farmington Hills, Mich.,...
Ventas Inc. has paid $63.81 million, or $196,338/unit, for Aston Gardens at Parkland Commons, a 325-unit seniors-housing property in Parkland, Fla., which is just west of Boca Raton, Fla. The Chicago REIT acquired the property from an affiliate...
New York Business Journal An affiliate of Melia Hotels International has paid $203 million, or $648,562/room, for the Innside New York NoMad hotel in Manhattan. The Palma de Mallorca, Spain, hospitality company bought the 313-room property from its...
Commercial Real Estate Direct Staff Report Square Deal Investment Management has tapped JLL to secure financing against Indianapolis' Salesforce Tower, a 1.1 million-square-foot office property. The building backs a $108 million CMBS loan that comes due later this...
The Real Deal Investment firm 601W Cos. has acquired the Wells Fargo Center North Tower, a 1.4 million-square-foot office property in downtown Los Angeles. The purchase price could not yet be learned, but reports on the sale from...
Commercial Real Estate Direct Staff Report A venture of Cohen & Steers Income Opportunities REIT Inc. and Phillips Edison & Co. has paid $53.85 million, or $202.80/sf, for the 265,530-square-foot Oracle Crossings retail property just north of Tucson,...
Orlando Business Journal Broad & Cherry LLC has bought the 15,600-square-foot retail building at 408 Broadway in Nashville, Tenn., for $46 million, or $2,949/sf. The Winter Garden, Fla., company purchased the property from Deville Corp. of North Versailles,...
Commercial Real Estate Direct Staff Report Argentic Real Estate Finance has provided $67 million of senior financing against the Westroads Mall in Omaha, Neb. The loan, along with a $12 million mezzanine loan funded by Principal Life Insurance...
Commercial Real Estate Direct Staff Report The average monthly apartment rent in the Dallas/Fort Worth area declined in the first quarter of this year by 0.4% to $1,483/unit, according to Colliers. Regardless of when a property was built,...
Commercial Real Estate Direct Staff Report The Chicago area had $1.9 billion of multifamily sales in the first quarter of 2026, a 116.6% increase from the first quarter of last year, according to Avison Young. In fact, the...
Commercial Observer Kaufman Investments is said to have agreed to pay $125 million for a pair of office properties across Madison Square Park in Manhattan's Midtown South submarket. The New York investor is buying the properties—the 133,170-square-foot 24-28...
Commercial Real Estate Direct Staff Report Local investor 601W Cos. has paid $265.25 million, or $324.61/sf, for the 817,136-square-foot One Dag Hammarskjold Plaza office building near the United Nations in Midtown Manhattan. It bought the 49-story building from...
Multi-Housing News Affinius Capital has provided $120 million of financing against the 302-unit Elowen apartment property in San Diego. JLL arranged the debt on behalf of the local developer and owner, AAA Management. The property was developed with...
South Florida Business Journal Prologis has paid $352.16 million, or $306.23/sf, for Davie Business Center, a 1.15 million-square-foot industrial complex in Davie, Fla. The San Francisco industrial REIT purchased the seven-building property from IDI Logistics of Atlanta. CBRE...
Northwestern Mutual has provided $123 million of financing against the Anson, a 268-unit apartment property in Burlingame, Calif., a southern suburb of San Francisco. The five-year loan was arranged by Marcus & Millichap's Institutional Property Advisors unit. It...
Commercial Property Executive Genworth Financial has provided a $49.5 million loan against Infor Commons, a 436,478-square-foot office property in St. Paul, Minn. The financing allows the owner, Frauenshuh of Minneapolis, to retire a $49.5 million mortgage that PNC...
Atlanta Business Chronicle Arden Logistics Parks has lined up $83.8 million in acquisition financing for an 11-building industrial portfolio totaling more than 658,000 square feet in Gwinnett County, Ga. Argentic provided the floating-rate loan, which was arranged by...
Seven Hills Realty Trust has originated a $22.7 million loan against Sugar Land Medical Plaza, a 120,596-square-foot medical office property in Sugar Land, Texas. The loan has a three-year term but comes with a pair of one-year extension...
Commercial Real Estate Direct Staff Report RXR Realty is offering for sale the Helmsley Building, a 1.4 million-square-foot office property in Manhattan. The offering, which was first reported by Commercial Observer, comes more than two years after the New...
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