Prime Property Investors has paid roughly $20 million for a portfolio of Midwestern student-housing properties totaling 570 beds.The Northbrook, Ill., firm purchased the three-property portfolio from an undisclosed seller. The portfolio consists of a property near the Indiana...

Commercial Real Estate Direct Staff ReportA venture of Principal Real Estate Investors and Mermel & McLain Management has acquired 104 W. 40th St., a 210,000-square-foot office building in midtown Manhattan.The seller is believed to be a venture of...

Carlton Group arranged the complex series of transactions that allowed Metropolitan Real Estate Investors to buy 885 Third Ave., a 587,000-square-foot office building in midtown Manhattan.As reported, Metropolitan, which is led by investor Haim Revah, purchased a majority...

Antares Investment Partners has paid $87 million for two office properties totaling 305,000 square feet, along with a 70-slip marina, in Stamford, Conn. The Greenwich, Conn., investment firm purchased the properties from Seaboard Partners Inc. of Stamford, which...

Commercial Real Estate Direct Staff ReportKurt Kaline, a long-time CMBS trader, has joined Winthrop Realty Partners as managing director to oversee the firm's investments in a wide range of real estate debt securities. Kaline, who most recently was...

MGP Real Estate has acquired the Collington Trade Center, a 200,365-square-foot industrial property in Upper Marlboro, Md.A purchase price was not disclosed. Industrial properties in Prince George's County, Md., are trading for $125/sf, according to data from Real...

Taberna Securities, an affiliate of RAIT Financial Trust of Philadelphia, has provided $60 million of unsecured financing to Vestin Realty Mortgage II Inc., a Las Vegas REIT that originates short-term commercial mortgages. The financing pays a fixed rate of...

Capmark Finance Inc. has provided $67.5 million of financing for 250 S. Wacker Drive, a 265,000-square-foot office building in downtown Chicago.The financing funded the $60 million purchase of the 16-story property by an affiliate of AEW Capital Management....

National Commercial Ventures/CVI has paid $42.3 million for Loma Vista Apartments, a 402-unit complex in North Las Vegas, Nev.The Las Vegas firm purchased the property from American Capital Group, which marketed it through Marcus & Millichap.Loma Vista was...

Capmark Finance Inc. has provided $32.1 million of interim financing for 250 Brannan St., a 90,348-square-foot office building in San Francisco.The property was recently purchased by Pat Broe, a Denver railroad tycoon, for $31 million. It is completely...

Prime Property Investors has paid roughly $20 million for a portfolio of Midwestern student-housing properties totaling 570 beds.The Northbrook, Ill., firm purchased the three-property portfolio from an undisclosed seller. The portfolio consists of a property near the Indiana...

Antares Investment Partners has paid $87 million for two office properties totaling 305,000 square feet, along with a 70-slip marina, in Stamford, Conn. The Greenwich, Conn., investment firm purchased the properties from Seaboard Partners Inc. of Stamford, which...

Commercial Real Estate Direct Staff ReportMonday Properties has received $567 million in financing for three Rosslyn, Va., office buildings with a combined 1.39 million square feet.The properties at 1000, 1100 and 1101 Wilson Blvd. are part of a portfolio...

Taberna Securities, an affiliate of RAIT Financial Trust of Philadelphia, has provided $60 million of unsecured financing to Vestin Realty Mortgage II Inc., a Las Vegas REIT that originates short-term commercial mortgages. The financing pays a fixed rate of...

Capmark Finance Inc. has provided $67.5 million of financing for 250 S. Wacker Drive, a 265,000-square-foot office building in downtown Chicago.The financing funded the $60 million purchase of the 16-story property by an affiliate of AEW Capital Management....

JEMB Realty has lined up $60 million of financing for 150 Broadway, a 250,000-square-foot office building in New York.The New York real estate firm received the financing from Bank of America. It carries a fixed-rate and matures in...

CMBS bonds are selling at spreads not seen in years.The subprime residential mortgage headache that filtered into the CMBS market in February became a full-blown migraine yesterday as Federal Reserve Chairman Ben Bernanke warned that despite a widening...

National Commercial Ventures/CVI has paid $42.3 million for Loma Vista Apartments, a 402-unit complex in North Las Vegas, Nev.The Las Vegas firm purchased the property from American Capital Group, which marketed it through Marcus & Millichap.Loma Vista was...

Commercial Real Estate Direct Staff ReportA venture of Principal Real Estate Investors and Mermel & McLain Management has acquired 104 W. 40th St., a 210,000-square-foot office building in midtown Manhattan.The seller is believed to be a venture of...

Carlton Group arranged the complex series of transactions that allowed Metropolitan Real Estate Investors to buy 885 Third Ave., a 587,000-square-foot office building in midtown Manhattan.As reported, Metropolitan, which is led by investor Haim Revah, purchased a majority...

Commercial Real Estate Direct Staff ReportKurt Kaline, a long-time CMBS trader, has joined Winthrop Realty Partners as managing director to oversee the firm's investments in a wide range of real estate debt securities. Kaline, who most recently was...

MGP Real Estate has acquired the Collington Trade Center, a 200,365-square-foot industrial property in Upper Marlboro, Md.A purchase price was not disclosed. Industrial properties in Prince George's County, Md., are trading for $125/sf, according to data from Real...

Commercial Real Estate Direct Staff ReportMonday Properties has received $567 million in financing for three Rosslyn, Va., office buildings with a combined 1.39 million square feet.The properties at 1000, 1100 and 1101 Wilson Blvd. are part of a portfolio...

Capmark Finance Inc. has provided $32.1 million of interim financing for 250 Brannan St., a 90,348-square-foot office building in San Francisco.The property was recently purchased by Pat Broe, a Denver railroad tycoon, for $31 million. It is completely...

JEMB Realty has lined up $60 million of financing for 150 Broadway, a 250,000-square-foot office building in New York.The New York real estate firm received the financing from Bank of America. It carries a fixed-rate and matures in...