GE Real Estate has provided $54.4 million of financing to KS Partners for its acquisition of a 10-building portfolio of office and industrial buildings in the Boston suburb of Braintree, Mass.KS, led by Kambiz Shahbazi, a former founder...

RiverOak Investment Corp. has raised another $25 million of equity from a group of high net-worth investors for its latest value-add investment vehicle, RiverOak Fund IV.The Stamford, Conn., company, is led by Stephen DeNardo and George Yerrall. Both...

Arden Realty has paid $45.5 million for the Scottsdale Center, a 167,000-square-foot office complex in suburban Phoenix.The Los Angeles firm, which GE Real Estate acquired last year, is buying the five-building complex from an affiliate of CMD Realty...

Post Investment Group has paid $22 million for two Dallas apartment buildings totaling 682 units.The Los Angeles company paid Strand Properties $13 million for Park Village Apartments, a 350-unit complex at 7575 S. Westmoreland Rd., and $9 million...

Commercial Real Estate Direct Staff ReportCredit Suisse provided $287.2 million of debt to CapitalSource Inc. for its recent purchase of skilled-nursing facilities from Health Care Property Investors.A total of $250 million of the debt is comprised of senior...

Allstate Real Estate Investment Group has provided $25 million of financing for the expansion of Town and Country Village, a mixed-use property in Houston.Allstate now has a total of $77 million on the property, which is owned by...

A venture between Veralliance Properties and Prudential Real Estate Investors has paid $72 million for Campus Point Technology Center, a 424,345-square-foot industrial property in the University Towne Center area of San Diego.The property, at 10300 Campus Point Dr.,...

Commercial Real Estate Direct Staff ReportCountrywide Commercial Real Estate Finance has provided $46.18 million of acquisition financing for the Northwood Centre office building in Tallahassee, Fla. The Calabasas, Calif., lender provided the 10-year mortgage to Ajax Investment Partners...

BPG Properties Ltd. has raised $850 million of investor commitments for its latest investment vehicle, BPG Investment Partnership VIII.The fund is the largest ever raised by BPG, a Philadelphia investment manager that has raised more than $2.8 billion...

Aspen Management Co. has sold the Ranch Center, a 60,022-square-foot retail property in the Los Angeles suburb of Diamond Bar, Calif., for $15.7 million, or $262/sf.The Tarzana, Calif., firm sold the property to an El Monte, Calif., investor...

Allstate Real Estate Investment Group has provided $25 million of financing for the expansion of Town and Country Village, a mixed-use property in Houston.Allstate now has a total of $77 million on the property, which is owned by...

A venture led by ING Clarion Partners has paid $28 million for the Valley Parkway Health Center, a 70,000-square-foot medical office building in San Diego's Escondido area.The venture, with Montecito Medical Co., was formed earlier this year to...

BPG Properties Ltd. has paid $57.75 million for Financial Plaza, a 310,000-square-foot office building in Mesa, Ariz.The 16-story property, at Alma School Road and Southern Ave. in suburban Phoenix, was purchased from Crescent Real Estate Equities, which had...

BPG Properties Ltd. has raised $850 million of investor commitments for its latest investment vehicle, BPG Investment Partnership VIII.The fund is the largest ever raised by BPG, a Philadelphia investment manager that has raised more than $2.8 billion...

A venture between Veralliance Properties and Prudential Real Estate Investors has paid $72 million for Campus Point Technology Center, a 424,345-square-foot industrial property in the University Towne Center area of San Diego.The property, at 10300 Campus Point Dr.,...

BPG Properties Ltd. has paid $57.75 million for Financial Plaza, a 310,000-square-foot office building in Mesa, Ariz.The 16-story property, at Alma School Road and Southern Ave. in suburban Phoenix, was purchased from Crescent Real Estate Equities, which had...

Commercial Real Estate Direct Staff ReportCountrywide Commercial Real Estate Finance has provided $46.18 million of acquisition financing for the Northwood Centre office building in Tallahassee, Fla. The Calabasas, Calif., lender provided the 10-year mortgage to Ajax Investment Partners...

A venture led by ING Clarion Partners has paid $28 million for the Valley Parkway Health Center, a 70,000-square-foot medical office building in San Diego's Escondido area.The venture, with Montecito Medical Co., was formed earlier this year to...

Aspen Management Co. has sold the Ranch Center, a 60,022-square-foot retail property in the Los Angeles suburb of Diamond Bar, Calif., for $15.7 million, or $262/sf.The Tarzana, Calif., firm sold the property to an El Monte, Calif., investor...

Commercial Real Estate Direct Staff ReportPembrook Capital Management has provided $26 million of mezzanine financing, while Citigroup has provided $64 million of senior debt for the InterContinental Miami, a 641-room hotel owned by a venture led by Strategic...

An affiliate of Astani Enterprises Inc. has lined up $190 million of financing from Corus Bank for construction of the first phase of Concerto, a 624-unit residential condominium complex in downtown Los Angeles.The complex will contain two 30-story...

Wells Fargo & Co. and Regions Bank have provided $95 million of construction financing for the development of the NASCAR Corporate Plaza, a 376,401-square-foot office building in downtown Charlotte, N.C.The financing, arranged by Wells' Chicago real estate group,...

Triple Net Properties has paid $15 million for the Residences at Braemar, a 160-unit apartment complex in Charlotte, N.C.The Santa Ana, Calif., real estate firm purchased the property from a group operating as Braemer Housing LLC.Triple Net funded...

UrbanAmerica LP has sold Northwood Center, a 495,000-square-foot office building in Tallahassee, Fla., for $50 million.The two-story building was sold to Ajax Investment Partners of New York.UrbanAmerica had purchased the property seven years ago for $31 million from...

Commercial Real Estate Direct Staff ReportBear Stearns has provided $220 million of fixed-rate financing for 360 Park Ave. South, a 451,800-square-foot office building in Manhattan's Midtown South neighborhood.The mortgage is unusual in that it has a 15-year term....