An undisclosed seller is offering for sale a 34.3-acre development site in Miami.The sellers have tapped Marcus & Millichap to market the property, which carries a $15.4 million asking price.The property sits at South West 288th Street and...

A venture that includes Westbrook Partners has sold a 407-room Marriott hotel in Bethesda, Md., for $92.1 million. A buyer was not identified.Westbrook's venture with Northview Hotel Group had recently completed $13.5 million of capital improvements to the...

JBG Cos. and MacFarlane Partners have formed a venture that is planning $10 billion of development and redevelopment projects in the Washington, D.C., region.  JBG of Chevy Chase, Md., has seeded the venture, JBG Urban LLC, with 93...

Carmel Village Retirement Residences has paid $31.6 million for a portfolio of four Houston office buildings totaling 378,127 square feet. The Houston firm purchased the portfolio from Mammoth Equities of San Juan Capistrano, Calif., which marketed it through...

Time Equities Inc. has acquired an office building at 70 W. 36th St. in Manhattan, which it is converting to office condominiums. This is the New York investment firm's second Manhattan office-condo conversion in the past year.Earlier this...

A joint venture between Birtcher Development & Investments and Buchanan Street Partners has sold the South Coast Home Furnishings Centre, a 300,000-square-foot retail property in Costa Mesa, Calif., for $100 million.A Costa Mesa private group purchased the property....

Horizon Group Properties, Inc. has paid $59.1 million for three retail properties totaling 673,587 square feet.The purchase price includes $53 million of existing debt. The Rosemont, Ill., firm bought the properties from an affiliate of Prime Retail Inc....

An affiliate of Security Properties has paid $53 million for Torrey Pines, a 250-unit apartment complex in the Los Angeles suburb of Covina, Calif.The Seattle real estate firm purchased the property from an undisclosed seller. It funded the...

McEagle Properties LLC is developing a massive mixed-use property valued at about $750 million in the St. Louis suburb of Shiloh, Ill. The O'Fallon, Mo., firm is developing the 586-acre Village of Shiloh complex east of Green Mount...

Security Properties Inc. has paid $49 million for the Sonoran Vista Apartments, a 264-unit apartment complex in Scottsdale, Ariz.The Seattle firm purchased the property from an undisclosed seller. It funded the acquisition with $40 million of financing provided...

A venture that includes Westbrook Partners has sold a 407-room Marriott hotel in Bethesda, Md., for $92.1 million. A buyer was not identified.Westbrook's venture with Northview Hotel Group had recently completed $13.5 million of capital improvements to the...

JBG Cos. and MacFarlane Partners have formed a venture that is planning $10 billion of development and redevelopment projects in the Washington, D.C., region.  JBG of Chevy Chase, Md., has seeded the venture, JBG Urban LLC, with 93...

Horizon Group Properties, Inc. has paid $59.1 million for three retail properties totaling 673,587 square feet.The purchase price includes $53 million of existing debt. The Rosemont, Ill., firm bought the properties from an affiliate of Prime Retail Inc....

Time Equities Inc. has acquired an office building at 70 W. 36th St. in Manhattan, which it is converting to office condominiums. This is the New York investment firm's second Manhattan office-condo conversion in the past year.Earlier this...

An affiliate of Security Properties has paid $53 million for Torrey Pines, a 250-unit apartment complex in the Los Angeles suburb of Covina, Calif.The Seattle real estate firm purchased the property from an undisclosed seller. It funded the...

A joint venture between Birtcher Development & Investments and Buchanan Street Partners has sold the South Coast Home Furnishings Centre, a 300,000-square-foot retail property in Costa Mesa, Calif., for $100 million.A Costa Mesa private group purchased the property....

McEagle Properties LLC is developing a massive mixed-use property valued at about $750 million in the St. Louis suburb of Shiloh, Ill. The O'Fallon, Mo., firm is developing the 586-acre Village of Shiloh complex east of Green Mount...

Security Properties Inc. has paid $49 million for the Sonoran Vista Apartments, a 264-unit apartment complex in Scottsdale, Ariz.The Seattle firm purchased the property from an undisclosed seller. It funded the acquisition with $40 million of financing provided...

Carmel Village Retirement Residences has paid $31.6 million for a portfolio of four Houston office buildings totaling 378,127 square feet. The Houston firm purchased the portfolio from Mammoth Equities of San Juan Capistrano, Calif., which marketed it through...

Fannie Mae has provided a total of $61.3 million of financing for a pair of apartment properties with 432 units in San Jose, Calif.The neighboring properties, Ellmar Oaks, with 266 units, and Capitol Village, with 166 units, were...

Kenneth J. Witkin, a senior executive with Bank of America's commercial real estate banking group, has been named president and chief executive of CBRE Realty Finance, a Hartford, Conn., mortgage REIT.Witkin, a 25-year veteran of the commercial mortgage...

Southfield Crown Realty has paid $19.6 million for Southfield Center, a 160,000-square-foot office building in South Plainfield, N.J. The company, a subsidiary of Navika Capital Group of New York, bought the two-story building from Realty Associates Iowa Corp....

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-1672.0046.681.49AAAAaa+50LiborA-2216.4529.501.73AAAAaa+56LiborB44.1126.001.90AAAAa1+60LiborC37.8123.001.98AA+Aa2+70LiborD37.8020.001.98AAAa3+85LiborE37.8117.001.98AA-A1+105LiborF37.8114.002.31A+A2+125LiborG37.8011.002.93AA3+140LiborH37.818.003.06BBB+Baa1+170LiborJ37.815.003.16BBBBaa2+210LiborK31.502.504.32BBB-Baa3NALiborL31.510.004.81BBB-Ba1NALibor*Notional amount, interest onlyCollateral balance: $1,295.00 Bookrunner(s): Morgan StanleyLead Managers: Morgan StanleyCo-managers: Banc of America, Merrill LynchMaster Servicer: Midland Loan ServicesSpecial Servicer: Midland Loan ServicesTrustee: Wells Fargo BankOriginators: Morgan Stanley (100 percent)Number of Loans/Properties: 13/21Property...

Kenneth J. Witkin, a senior executive with Bank of America's commercial real estate banking group, has been named president and chief executive of CBRE Realty Finance, a Hartford, Conn., mortgage REIT.Witkin, a 25-year veteran of the commercial mortgage...

Triple Net Properties has completed the purchase of a 252-unit apartment complex in North Carolina and a 153,000-square-foot office property in Illinois, on behalf of tenant-in-common investors.The Santa Ana, Calif., company acquired River Ridge in Asheville, N.C., from...