JEMB Realty has paid $50 million for the remaining 190 units at Regatta Bay, a condominium property in Annapolis, Md. The New York real estate firm purchased the units from an undisclosed seller. The units account for roughly...

The Klein Co. has lined up $33.5 million of financing for Townline Townhomes, a 320-unit residential property in the Philadelphia suburb of Blue Bell, Pa.The Philadelphia multifamily developer received the financing from Principal Global Investors. HFF Inc.'s Florham...

New York PostThe Icon Group purchased 35 multifamily buildings on Manhattan's Upper East Side for $160 million from the Klein family. The New York firm plans to upgrade the buildings, which include 760 apartments and five retail store...

Mack-Cali Realty Corp. has paid $13 million for 43 acres of developable land adjacent to the Capital Office Park in Greenbelt, Md.The Cranford, N.J., REIT purchased the land from a venture between Greenbelt Associates and Sixteenth Springhill Lake...

A venture between Lexington Realty Trust and Winthrop Realty Trust has increased the price of its tender offer to buy Wells Real Estate Investment Trust, Inc. The venture, which operates as Lex-Win Acquisition, raised its offer price to...

Noble Investment Group has acquired six hotels with a combined 754 rooms from Global Hyatt Corp. The purchase price was not released.Noble of Atlanta will invest an average of $30,000/key in converting the properties, now operated under the...

Commercial Real Estate Direct Staff Report General Property Trust (GPT) of Australia has paid $265 million for a 95 percent stake in 19 properties managed by Benchmark Assisted Living. Benchmark, a Wellesley Hills, Mass., operator of seniors care...

Commercial Real Estate Staff reportCapital Partners has acquired the Rincon Center Residential Towers in San Francisco for $143 million from a fund managed by Beacon Capital Partners.The two building, 320-unit property at 88 Howard Street is part of Rincon...

Silver-McCann Apartment Group II has purchased the Barons Apartments, a 508-unit residential property in Dallas.The buyer, which is a joint venture between McCann Realty Partners and Silver Capital, purchased the property from an affiliate of Mockingbird Properties of...

An undisclosed owner has lined up $35 million of mortgage debt for the Sheraton Imperial Raleigh, a 331-room hotel in Durham, N.C.Prudential Mortgage Capital provided the financing, which carries a 10-year term with a fixed-rate. Todd Crouse of...

JEMB Realty has paid $50 million for the remaining 190 units at Regatta Bay, a condominium property in Annapolis, Md. The New York real estate firm purchased the units from an undisclosed seller. The units account for roughly...

SCI Real Estate has paid $20.8 million for ITC Crossing North Shopping Center, a 179,775-square-foot retail property in Mount Olive, N.J.The Los Angeles firm purchased the property from AIG Baker of Birmingham, Ala. AIG marketed the complex through...

KBS REIT has agreed to pay $33 million for the Royal Ridge Building, a 160,539-square-foot office building in the Atlanta suburb of Alpharetta, Ga. The Newport Beach, Calif., real estate firm is purchasing the building from a group...

SCI Real Estate has paid $20.8 million for ITC Crossing North Shopping Center, a 179,775-square-foot retail property in Mount Olive, N.J.The Los Angeles firm purchased the property from AIG Baker of Birmingham, Ala. AIG marketed the complex through...

KBS REIT has agreed to pay $33 million for the Royal Ridge Building, a 160,539-square-foot office building in the Atlanta suburb of Alpharetta, Ga. The Newport Beach, Calif., real estate firm is purchasing the building from a group...

A private investment group has paid $44 million for the Plaza at Puente Hills, a 177,933-square-foot retail property in the Los Angeles suburb of City of Industry, Calif.The group, which operates as JSL Plaza at Puente Hills, purchased...

Thayer Lodging has lined up $93 million of acquisition and construction financing for its recent purchase of three Marriott-brand hotels at the Miami International Airport in Miami.The Annapolis, Md., firm purchased the three hotels, which total 825 rooms,...

Commercial Real Estate Direct Staff ReportNoble Investment Group is under agreement to acquire six hotels with a combined 754 rooms from Global Hyatt Corp. A purchase price was not given.The properties, all operated under the AmeriSuite brand, are...

Angel/McIver Interests LP has paid $16 million to purchase the Interchange Business Park, a 297,000-square-foot industrial complex in Houston.The Conroe, Texas, investment firm purchased the eight-building complex from a German investor. Angel/McIver funded the acquisition with $12.7 million...

Associated Estates Realty has purchased Bristol at Ghent, a 268-unit residential community in Norfolk, Va. The Richmond Heights, Ohio, REIT is purchasing the four-story building from Bristol Development Group of Franklin, Tenn. Bristol Development marketed the property through...

Fairfield Residential has paid $52.8 million for Emerald Terrace, a 302-unit apartment complex in Los Angeles.The Chicago multifamily firm purchased the two-building complex from StarPoint Properties of Torrance, Calif. StarPoint marketed the property through Sperry Van Ness.Emerald Terrace...

Commercial Real Estate Direct Staff ReportNoble Investment Group is under agreement to acquire six hotels with a combined 754 rooms from Global Hyatt Corp. A purchase price was not given.The properties, all operated under the AmeriSuite brand, are...

A private investment group has paid $44 million for the Plaza at Puente Hills, a 177,933-square-foot retail property in the Los Angeles suburb of City of Industry, Calif.The group, which operates as JSL Plaza at Puente Hills, purchased...

Thayer Lodging has lined up $93 million of acquisition and construction financing for its recent purchase of three Marriott-brand hotels at the Miami International Airport in Miami.The Annapolis, Md., firm purchased the three hotels, which total 825 rooms,...

Angel/McIver Interests LP has paid $16 million to purchase the Interchange Business Park, a 297,000-square-foot industrial complex in Houston.The Conroe, Texas, investment firm purchased the eight-building complex from a German investor. Angel/McIver funded the acquisition with $12.7 million...