DLJ Real Estate Partners has paid $150.5 million for a portfolio of six hotels with 1,157 rooms from Sunstone Hotel Investors Inc.The six hotels were categorized as non-core by Sunstone, a San Clemente, Calif., REIT. Two of the...

Ventas Inc. has sold 21 skilled-nursing facilities and a long-term acute care hospital to Kindred Healthcare Inc. for $171.5 million.Kindred, a Louisville, Ky., operator of nursing centers, hospitals and institutional pharmacies, had been leasing the properties from Ventas,...

A venture between Stillman Development International and Antonio Development has lined up $104 million of financing for The Centurion, a 48-unit residential property in New York.The venture received the financing from Corus Bank of Chicago.The Centurion will total...

Parkway Properties Inc. has sold two Knoxville, Tenn., office properties with 549,000 square feet for $59 million.The Jackson, Miss., firm did not identify the properties' buyer, but said the sales price amounted to a 7.7 percent capitalization rate,...

By Jeff Mordock, Commercial Real Estate Direct Staff WriterCrown Properties Inc. is offering for sale First Indiana Plaza, a 425,000-square-foot office building in downtown Indianapolis.The New York real estate firm has tapped CB Richard Ellis' Indianapolis office to...

A private equity group is offering for sale Bella Vista, a 98-unit apartment complex in the Los Angeles suburb of Sun Valley, Calif.The group has tapped Marcus & Millichap's Los Angeles office to market the property, which has...

Commercial Real Estate Direct Staff ReportMission Capital Advisors is offering $15.4 million of distressed mortgages on a portfolio of four assisted-living facilities in northern Louisiana.The New York loan-sales specialist is offering the four-loan portfolio on behalf of a...

Grosvenor Investment Management has acquired a 153,687-square-foot retail center in Santa Clarita, Calif., for $66.4 million.The property, Gateway Village, is a two-year-old community center on 17 acres at 28207- 28313 Newhall Ranch Road, within the Valencia master-planned community....

An affiliate of Tishman Speyer has paid $83 million for 3 Imperial Promenade, a 246,763-square-foot office property near John Wayne International Airport in Orange County, Calif.Tishman purchased the property from AEW Capital Management, which owned it on behalf...

Cogdell Spencer Inc. is buying the Central New York Medical Center, a 111,634-square-foot medical office building on the campus of the Crouse Hospital in Syracuse, N.Y., for $36.8 million.Cogdell, a Charlotte, N.C., REIT that specializes in the medical...

Commercial Real Estate Direct ReportThe California State Automobile Association is seeking $130 million for its 573,000-square-foot San Francisco office portfolio.As originally reported by the San Francisco Chronicle in March, the association, also called CSAA, has been marketing its...

Commercial Real Estate Direct Staff ReportThe volume of delinquent CMBS loans inched up again in May to $2.4 billion from $2.26 billion the month before, according to Realpoint.While up a tad on a month-to-month basis, the delinquency rate...

Commercial Real Estate Direct Staff ReportMission Capital Advisors is offering $15.4 million of distressed mortgages on a portfolio of four assisted-living facilities in northern Louisiana.The New York loan-sales specialist is offering the four-loan portfolio on behalf of a...

By John Covaleski, Commercial Real Estate Direct WriterWereldhave, a Dutch property investment group, has acquired a 400,000 square-foot mixed-use property in San Diego for $210 million.The property, Broadway 655, at Broadway and Kettner Boulevard in downtown San Diego,...

An affiliate of Tishman Speyer has paid $83 million for 3 Imperial Promenade, a 246,763-square-foot office property near John Wayne International Airport in Orange County, Calif.Tishman purchased the property from AEW Capital Management, which owned it on behalf...

Grosvenor Investment Management has acquired a 153,687-square-foot retail center in Santa Clarita, Calif., for $66.4 million.The property, Gateway Village, is a two-year-old community center on 17 acres at 28207- 28313 Newhall Ranch Road, within the Valencia master-planned community....

A 79,000-square-foot office and retail property in Brooklyn, N.Y., is for sale at a $43.5 million asking price. Eastern Consolidated Properties of Manhattan is representing the New York investment group selling the five-building property, which sits on two...

A private equity group is offering for sale Bella Vista, a 98-unit apartment complex in the Los Angeles suburb of Sun Valley, Calif.The group has tapped Marcus & Millichap's Los Angeles office to market the property, which has...

By John Covaleski, Commercial Real Estate Direct WriterWereldhave, a Dutch property investment group, has acquired a 400,000 square-foot mixed-use property in San Diego for $210 million.The property, Broadway 655, at Broadway and Kettner Boulevard in downtown San Diego,...

Cogdell Spencer Inc. is buying the Central New York Medical Center, a 111,634-square-foot medical office building on the campus of the Crouse Hospital in Syracuse, N.Y., for $36.8 million.Cogdell, a Charlotte, N.C., REIT that specializes in the medical...

A 79,000-square-foot office and retail property in Brooklyn, N.Y., is for sale at a $43.5 million asking price. Eastern Consolidated Properties of Manhattan is representing the New York investment group selling the five-building property, which sits on two...

Commercial Real Estate Direct ReportThe California State Automobile Association is seeking $130 million for its 573,000-square-foot San Francisco office portfolio.As originally reported by the San Francisco Chronicle in March, the association, also called CSAA, has been marketing its...

Commercial Real Estate Direct Staff ReportThe volume of delinquent CMBS loans inched up again in May to $2.4 billion from $2.26 billion the month before, according to Realpoint.While up a tad on a month-to-month basis, the delinquency rate...

Investcorp is offering for sale a 1.1 million-square-foot portfolio of Northeast office properties.The portfolio consists of five buildings in suburban Philadelphia, two in Connecticut, and one in northern New Jersey. It could command as much as $300 million....

Harold W. Pote, chief executive officer and president of American Financial Realty Trust, died this week. He was 60. "It is with profound sadness that we announce the passing of our friend and colleague, Hal Pote," said Lewis...