Commercial Real Estate Direct Staff Report A venture of Hines and funds managed by Walton Street Capital has sold the 228,548-square-foot Raceway Industrial property in Carlsbad, Calif., for $72.9 million, or $318.97/sf. Hines, of Houston, and Walton Street,...

Webster Bank and Rockland Trust have teamed to provide $31 million of financing for the construction of a 75,000-square-foot community center in Dorchester, Mass. The two banks are equally financing the $75 million project, The FieldHouse+, which is...

Commercial Observer Pacific Urban Investors has paid $114 million, or $400,000/unit, for the 285-unit Park Place at Van Dorn apartment property in the Washington, D.C., suburb of Alexandria, Va. The Palo Alto, Calif., investor acquired the property, at...

Commercial Real Estate Direct Staff Report American Strategic Investment Co. has agreed to turn over to its lender the 247,182-square-foot 1140 Ave. of the Americas office building in Midtown Manhattan through a consensual foreclosure. The action was expected,...

Commercial Real Estate Direct Staff Report The $32.43 million CMBS loan against the 151-unit Brush Factory Lofts apartment property in South Philadelphia, which has been chronically delinquent, was recently reclassified as being in foreclosure. The loan, securitized through...

Commercial Real Estate Direct Staff Report The $147 million loan that Morgan Stanley and Societe Generale provided against the 255 Greenwich St. office building in Lower Manhattan pays a 6.405% coupon. The loan requires only interest payments for its...

Commercial Real Estate Direct Staff Report Core Acquisitions has paid $25.35 million, or $108.91/sf, for Green Bay Plaza, a 232,769-square-foot retail property in Green Bay, Wis. The Chicago investor bought the property, at 1505 West Mason St., from...

Commercial Real Estate Direct Staff Report US Property Trust has paid $127.5 million, or $496.19/sf, for Burke Centre, a 256,958-square-foot retail property in the Washington, D.C., suburb of Burke, Va. The Los Angeles investor, which focuses on the...

SL Green Realty Corp. has paid just more than $75 million for the 39.5% stake it didn't already own in 800 Third Ave., a 565,000-square-foot office building in midtown Manhattan. The transaction, which involved a cash payment by...

Commercial Property Executive New York Life Insurance Co. has originated $82.6 million of financing against a four-property industrial portfolio totaling 1.64 million square feet in Chicago. The financing takes out a $69 million loan that the portfolio's owner,...

South Florida Business Journal An affiliate of Crescent Real Estate has bought Ryder Colonnade, a 206,812-square-foot office building in Coral Gables, Fla., for $70.4 million, or $340.41/sf. The Fort Worth, Texas, company purchased the 11-story property from AEW...

South Florida Business Journal Core Asset Management has paid $53 million, or $302.71/sf, for Jacaranda Plaza, a 175,085-square-foot shopping center in Plantation, Fla. The Miami company purchased the retail property from a venture of Epic Real Estate of...

Commercial Property Executive Stream Realty Partners has lined up $228.2 million of financing against The Quad office and retail complex in Dallas' Uptown area. KKR provided the five-year loan, which was arranged by JLL Capital Markets. Proceeds from...

Commercial Real Estate Direct Staff Report The $120 million loan that Bank of America and Societe Generale provided against the 477,175-square-foot Ellenton Premium Outlets shopping center in Ellenton, Fla., just south of the Tampa Bay area on the state's...

Commercial Observer Greystone has provided a $97.6 million loan under the U.S. Department of Housing and Urban Development's 223(f) program for the 272-unit Villa Hermosa Apartments in the Harlem section of Manhattan. The 35-year loan allowed the property's...

Commercial Real Estate Direct Staff Report An affiliate of Kinella Construction has paid $36 million, or $220,858/unit, for One Camelback, a former office property in Phoenix that's been undergoing a redevelopment that will result in 163 apartment units....

TPG Real Estate Credit has provided a $285 million loan against the 473-unit Greenpoint Central apartment property at 65 and 75 Dupont St. in the Greenpoint section of Brooklyn, N.Y. The bridge loan, arranged by Walker & Dunlop,...

Commercial Real Estate Direct Staff Report The median monthly home mortgage payment was $3,121 in the third quarter. That was $1,425 more than what Realtor.com said was the median asking monthly rent for an apartment unit in the...

Commercial Real Estate Direct Staff Report Ashkenazy Acquisition Corp. has paid $60 million, or $100/sf, for the 600,000-square-foot Orland Park Place retail center in the Chicago suburb of Orland Park, Ill. The New York investment firm acquired the...

San Francisco Business Times Benedict Canyon Equities Inc. has paid $50 million, or $373,134/unit, for Vue Fremont, a 134-unit apartment property in Fremont, Calif., which is 35 miles south of San Francisco. The Los Angeles investment manager acquired...

REBusiness Online An affiliate of Academy Partners Group has paid $43.7 million, or $191.05/sf, for three industrial properties with 228,733 square feet in Phoenix. The Denver investment firm acquired the portfolio from Top10 Properties, which was represented by...

Philadelphia Inquirer The former Franklin Mills Mall has been placed on the sales block through JLL Capital Markets. The move is not surprising as the property's owner, Simon Property Group, placed the 1.58 million-square-foot shopping mall in its "other...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating MStarDBRS Rating S&P Price % Yield % Final Pricing (bp) Bnch mrk A-1 4.23 30.00 2.44 AAA AAA AAA 99.9982 4.2800 +75 J-spread A-2 90.00...

Atlanta Business Chronicle RadiusDC has bought a 10-megawatt, high-rise data center in downtown Atlanta for $49.96 million. The Denver data-center company, which is backed by private-equity firm Blue Owl Capital of New York, bought the 21-story property from an...

South Florida Business Journal A company managed by Bobby T. Castro, the co-founder of Bankers Healthcare Group, has bought the Ventura Pointe Apartments, a 206-unit complex in Pembroke Pines, Fla., for $52.5 million, or $254,854/unit. The Fort Lauderdale,...