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...

Northmarq has provided $60.83 million of Fannie Mae financing against the 216-unit Spruce apartment property in Seattle. The five-year loan pays a fixed-rate coupon and amortizes on a 35-year schedule. It allows the owner of the property, Madison...

The Commercial Real Estate Finance Council's annual conference got underway at Manhattan's Marriott Marquis hotel this morning, with some 1,200 people in attendance. One of the initial takeaways: don't count on capitalization-rate compression for property value increases. As...

Blue Owl Capital has provided $975 million of financing against Project Helios, a newly constructed data center in Gainesville, Va., which is 34 miles west of Washington, D.C. The loan was arranged by Newmark on behalf of the...

Philadelphia Business Journal Buccini Pollin Group has lined up $70.3 million of financing for The Press, a 243-unit apartment property in downtown Wilmington, Del. HPS/BlackRock provided the loan, which retired construction financing that included a senior loan from...

South Florida Business Journal An affiliate of Dalfen Industrial has paid $56.7 million, or about $243.10/sf, for a portfolio of five industrial buildings totaling 233,239 square feet in Fort Lauderdale, Fla. The Dallas company purchased the warehouse portfolio...

Crain's Chicago Business Prime Finance is under contract to pay about $120 million, or $180.39/sf, for the 650,812-square-foot office building at 225 West Wacker Drive in Chicago. The San Francisco alternative lender is acquiring the property from Spear...

Commercial Real Estate Direct Staff Report Itron will vacate the 191,423 square feet of office space that it takes at Champion Station in San Jose, Calif., when its two leases roll in September. The tech company that focuses...

Commercial Real Estate Direct Staff Report Spokane Indian Housing Authority has paid $53.3 million, or $266,500/unit, for the 200-unit Waterford Apartments in Everett, Wash., about 23 miles south of Seattle. The Wellpinit, Wash., housing agency purchased the property...