The Real Deal Citibank has provided $100 million of financing against the 206,084-square-foot office building at 141 Livingston St. in Brooklyn, N.Y. The loan allowed the property's owner, Clipper Equity of Brooklyn, to retire $79.5 million of debt...

The following story has been edited to correct the size of KKR Real Estate Finance Trust Inc.'s forward pipeline, which previously was understated, and clarify its financing strategy. Commercial Real Estate Direct Staff Report KKR Real Estate Finance...

CIM Group has provided $83 million of financing against the 344-unit Whit Apartments in Indianapolis. The loan was arranged by Berkadia on behalf of the property's developer, TWG Development of Indianapolis. The property, at 307 North Pennsylvania St.,...

Hines Global Income Trust has paid $68 million, or $526.32/sf, for 5301 Patrick Henry Drive, a 129,200-square-foot research and development property in Santa Clara, Calif. The Houston REIT, whose shares do not trade on any exchange, bought the...

CBRE Group Inc. has acquired a 35 percent stake in Industrious in a deal that values the flexible workspace provider at more than $571 million. The Dallas company paid more than $200 million for the stake, making it...

South Florida Business Journal An affiliate of Raia Capital Management has paid $48.3 million, or about $269,832/unit, for the 179-unit Azola West Palm Beach apartment property in West Palm Beach, Fla. ZOM Living sold the four-story complex, which...

Orlando Business Journal A foreclosure suit has been filed against the owner of the Florida Hotel & Conference Center in Orlando, Fla. Tantallon Orlando LLC owns the 511-room property, at 1500 Sand Lake Road, which serves as collateral...

Commercial Real Estate Direct Staff Report NexPoint Residential Trust Inc. has paid $84.5 million, or $240,057/unit, for the 352-unit Fairways at San Marcos apartment property in the Phoenix suburb of Chandler, Ariz. The Dallas REIT acquired the complex...

Dwight Capital has provided $40.5 million of financing, under a U.S. Department of Housing and Urban Development lending program, for Walton Westside, a 254-unit apartment property in Atlanta's west midtown area. The loan allowed the property's owner, Walton...

Commercial Property Executive PCCP LLC has paid $82.5 million, or $113.07/sf, for the 729,610-square-foot Bybee Lake Logistic Center I and II in Portland, Ore. The Los Angeles investor purchased the property from Washington Capital, which was represented in...

ACORE Capital has raised $1 billion for a fund that will provide "rescue capital" to hotel operators in North America. The San Francisco finance company, formed in 2015 by a team of former Starwood Property Trust lending executives,...

Dallas Morning News Harwood Center, a 723,963-square-foot office property in Dallas, is scheduled to be sold at a March 2 foreclosure auction. Fortis Property Group of New York previously had owned the 36-story building, at 1999 Bryan St.,...

Newmark has originated $35.5 million of Freddie Mac financing to help fund the purchase of the 292-unit Seascape Pointe apartment property in the Miami suburb of Homestead, Fla., by a venture of Angelo, Gordon & Co. and Mast...

Commercial Real Estate Direct Staff Report Having struck out on its attempt to sell the $65.2 million distressed loan against the Southland Mall near downtown Miami, its special servicer has taken the collateral property through foreclosure. The loan,...

Commercial Real Estate Direct Staff Report ASAP Holdings has paid $103.5 million, or $233,634/room, for the 443-room New York LaGuardia Airport Marriott hotel in Queens, N.Y. The Pasadena, Calif., company bought the property from Rubicon Cos. of Riverside,...

CARROLL has sold a pair of apartment properties with a total of 716 units in the Raleigh, N.C., and Houston areas, in separate deals for a combined $114 million. The Atlanta investment manager sold Arium Pinnacle Ridge, with...

Cushman & Wakefield has brought in a team of multifamily investment-sales specialists in Boston from Colliers International. The team is led by Chris Sower, an 18-year industry veteran who has been involved in more than $5 billion of...

South Florida Business Journal ICONIQ Capital has paid $77 million for the Bradley Wynwood mixed-use building in Miami. The San Francisco investment fund bought the five-story property, on 1.21 acres at 51 NW 26th St., from a venture...

Orlando Business Journal Upshot Capital Advisors has proposed building a 177,350-square-foot medical-office project in Orlando, Fla. The project, which is being called Upshot Medical Center at Mills Park, is being planned for a 2.6-acre development site at 1724...

Praedium Group has acquired the 296-unit Gateway Arvada Ridge apartment complex in the Denver suburb of Arvada, Colo. The New York investment manager purchased the property from Embrey Partners of San Antonio for $101.58 million, or $343,175/unit, according...

Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Rating Kroll Pricing % Yield% Final Pricing (bp) Bnch mark A-1 25.70 30.00 2.80 AAA AAA AAA 99.999 0.482 +20 swaps A-2 4.50 30.00 4.88 AAA...

Commercial Real Estate Direct Staff Report The amount of office space that's on the sublease market in Chicago's central business district has reached 5.5 million square feet, surpassing the 4.2 million sf that was available during the Global...

Tides Equities has sold the 224-unit Tides on 28th apartment property in Phoenix to an undisclosed buyer for $34.8 million, or $155,357/unit. Marcus & Millichap's Institutional Property Advisors unit brokered the deal. The complex, at 11821 North 28th...

Washington Business Journal The 381,074-square-foot office building at 1350 I St. in Washington, D.C., is scheduled to be sold at a March 10 foreclosure auction. Harvey West Auctioneers of Chevy Chase, Md., is handling the auction, which requires...

Commercial Real Estate Direct Staff Report Capital One has provided $41 million of Freddie Mac financing against the 324-unit Verona at Suitland Metro apartment property in Suitland, Md., about 10 miles southeast of Washington, D.C. The 10-year loan...