Commercial Real Estate Direct Staff Report An investor group led by Haig S. Bagerdjian has paid $46 million, or $206.96/sf, for the 222,268-square-foot IGT Corporate Center office property in Las Vegas. The group bought the property, at 6355...

Commercial Real Estate Direct Staff Report Bell Partners has paid $142 million, or $370,757/unit, for the 383-unit Alexan Access apartment property in the Seattle suburb of Lynnwood, Wash. The Greensboro, N.C., investment manager bought the property, at 2727...

Commercial Real Estate Direct Staff Report Credit Agricole has provided $450 million of mortgage financing against the 115,000 square feet of retail space on the three lowest floors of 715-717 Fifth Ave. in Midtown Manhattan. The financing is...

Minneapolis/St. Paul Business Journal Roundhouse has paid about $47 million, or $297,468/unit, for the 158-unit Second & Second apartments in Minneapolis. The Boise, Idaho, real estate investor acquired the property from its developer, Solaris Group. CBRE brokered the...

The Real Deal The TCG Senior Funding affiliate of Carlyle Group and Otera Capital Investments have  provided a total of $640 million of financing against the mixed-use building at 520 Fifth Ave. in midtown Manhattan. The loan allowed...

Dwight Mortgage Trust has provided $48 million of financing for the construction of the 275-unit Sycamore at Monroe apartment property in the Charlotte, N.C., suburb of Monroe, N.C. The property is being developed by Switzenbaum & Associates of...

Commercial Real Estate Direct Staff Report The New York City Council last week signed off on a legislative proposal that, if approved by the mayor, would give certain groups a right of first offer or the right to...

Dallas Business Journal KKR & Co Inc. has paid $124 million, or $62/sf, for a portfolio of three industrial buildings totaling 2 million square feet in Sunnyvale, Texas, about 14 miles east of downtown Dallas. The private equity...

Commercial Real Estate Direct Staff Report National Property Management Associates Inc. has paid $58 million, or $181,250/unit, for the 320-unit Lake Highland apartment property in Lakeland, Fla., midway between Tampa and Orlando, Fla. The Orchard Park, N.Y., apartment-investment...

Commercial Observer JPMorgan Chase Bank, Tyko Capital, and Apollo Global Management have provided $867 million of financing for the conversion of the 1.2 million-square-foot office building at 111 Wall St. in Lower Manhattan into more than 1,500 apartment...

The venture between Witkoff Group and hotelier Ian Schrager that owns the 367-room Public Hotel in Lower Manhattan has lined up $310 million of financing against the property. JPMorgan Chase Bank has provided $253 million of senior financing...

Helaba Bank and DekaBank have provided a $163.43 million loan against 122 Fifth Ave., a 300,000-square-foot office building in Manhattan's Midtown South submarket. The loan, arranged by Walker & Dunlop, allowed the building's owner, Bromley Cos., to retire...

Commercial Real Estate Direct Staff Report The CMBS trust that holds a $51.85 million loan against the Worldgate Centre in the Washington, D.C., suburb of Herndon, Va., is close to taking title to the 229,326-square-foot retail property. Its...

San Antonio Business Journal Dhanani Private Equity Group is paying $115 million, or $181.10/sf, for the Park North Shopping Center in San Antonio. The Stafford, Texas, real estate investor is buying the 635,000-square-foot retail property from Sterling Organization...

Dallas Business Journal Singh Development has paid $52 million, or $285,714/unit, for Aura 509, a 182-unit apartment complex in Durham, N.C. The West Bloomfield, Mich., company purchased the six-story property from Trinsic Residential Group of Dallas in a...

Dallas Business Journal An affiliate of TRT Holdings has bought St. Paul Place, a nearly 275,000-square-foot office building in downtown Dallas. The locally based company purchased the 22-story property from Pacific Elm Properties. The sales price was not...

Commercial Real Estate Direct Staff Report A venture of Interwest Capital and Intercontinental Real Estate Corp. has acquired the 175-unit River Edge, a student-housing property with 175 units in Boise, Idaho. The purchase price could not be learned...

Commercial Real Estate Direct Staff Report Greystone has provided a $30 million Freddie Mac loan to facilitate the purchase of the 102-unit Lock Vista apartments in Seattle. The property, at 3025 NW Market St., was purchased for $43.7 million...

A venture of Cross Ocean Partners and Lincoln Property Co. has paid $132 million, or $322.60/sf, for the 409,197-square-foot office property at 140 Kendrick St. in the Boston suburb of Needham, Mass. The three-building complex was sold by...

Jacksonville Business Journal An affiliate of KKR & Co. has bought the 603,000-square-foot cold-storage facility at 10030 Eastport Road in Jacksonville, Fla., for $192 million, or $318.41/sf. DHL Supply Chain sold the property, which was built on a...

South Florida Business Journal IMC Equity Group has bought Doral Square, a 150,000-square-foot retail property in Doral, Fla., for $74 million, or $493.33/sf. The North Miami company purchased the shopping center from its developer, Terra of Miami, in...

Commercial Real Estate Direct Staff Report East Capital Partners has paid $92.5 million, or $187.63/sf, for a pair of small-bay industrial properties with nine buildings and 493,000 square feet in Tampa, Fla. The 20-year-old Darien, Conn., investment manager...

Commercial Real Estate Direct Staff Report Clipper Realty Inc. continues to battle the special servicer of the $100 million CMBS loan against 141 Livingston St., a 213,745-square-foot office building in Brooklyn, N.Y. The loan is securitized through three...

Manulife has provided a $23 million loan against the 65-unit apartment property at 1008 Massachusetts Ave. in Cambridge, Mass. The property is owned by Boston Residential Group, which will use the financing to retire a $20 million loan...

Terreno Realty Corp. has paid $27.1 million, or $223.97/sf, for the 121,000-square-foot industrial property at 510 Andover Park West in the Seattle suburb of Tukwila, Wash. The price the Bellevue, Wash., REIT paid results in a 3.9% capitalization...