Commercial Real Estate Direct Staff Report Modestly higher interest rates during the second quarter weighed on life insurance companies' commercial mortgage holdings, as the LifeComps Total Return index posted a 0.98% total return during the period. The index...

South Florida Business Journal Baptist Health South Florida has paid $53.5 million, or $576.97/sf, for a 92,726-square-foot Kohl's department store building in Coconut Creek, Fla. The Miami nonprofit healthcare provider bought the property from Kohl's Corp., a Menomonee...

Commercial Property Executive Granite Properties has sold the mixed-use complex at 100 Bayview Circle in Newport Beach, Calif. The buyer and sales price could not yet be learned. The property consists of a 346,335-square-foot office building and a...

Walton Street Capital has provided $44 million of short-term financing against the 248-unit Harlow apartment property in the Tampa, Fla., suburb of Wesley Chapel, Fla. The three-year loan was arranged by Berkadia and allowed the property's developer, a...

Orlando Business Journal PRG Real Estate has paid $77.25 million, or $229,911/unit, for the 336-unit Citrus Tower Apartments in Clermont, Fla. The Philadelphia apartment owner acquired the property from Blackstone Real Estate of New York. JLL Real Estate...

South Florida Business Journal Rockpoint Group has paid $47.1 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale Beach, Curio Collection by Hilton hotel in Fort Lauderdale, Fla. The Boston real estate investment firm acquired the property...

Crain's Chicago Business An affiliate of Fairbourne Properties has paid $122 million, or $174.29/sf, for Village Crossing, a 700,000-square-foot shopping center in the Chicago suburb of Skokie, Ill. The Chicago investor acquired the retail property from Nuveen in...

Aggregate Real Estate Investors has paid developer Clarke-Hook Corp. $58 million for a portfolio of 11 retail, industrial, and mixed-use buildings with 313,729 square feet in northern Virginia. The buildings are 94% leased to more than 90 tenants....

Affinius Capital has provided $310 million of financing for the construction of the 1,049-unit Park Tower apartment building in Jersey City, N.J. The proposed 47-story building is being developed by Namdar Realty Group of Great Neck, N.Y., on...

An affiliate of Related Cos. has paid nearly $110 million, or $235,043/unit, for the 468-unit Manchester at Mansell apartment complex in the Atlanta suburb of Roswell, Ga. The New York developer purchased the property from an affiliate of...

First International Bank & Trust has provided $63 million of senior financing, while WhiteStar Advisors has provided $13.25 million for the construction of the 291-unit Thompson Oaks apartment property in West St. Paul., Minn. The financing was arranged...

Commercial Real Estate Direct Staff Report A venture of Sequel Investment Co. and Evergreen Gavekal has paid $35.05 million, or $368,947/unit, for East Howe Steps, a 95-unit apartment property in Seattle. Sequel and Evergreen, both of Bellevue, Wash.,...

Boston Business Journal A venture of Camber Development and Wheelock Street Capital has lined up $63 million of bridge financing for the expansion of a 23-acre industrial campus at 44 Middlesex Turnpike in Bedford, Mass. Blue Light Capital...

Commercial Real Estate Direct Staff Report The appraised value of Jericho Plaza on Long Island, N.Y., has been lowered again, this time to just more than half the balance of the $149.18 million CMBS loan against the 665,592-square-foot...

Commercial Observer A venture of CSB Holdings and Tide Realty Capital has lined up $50 million of financing for 2000 Market St., a 668,335-square-foot office building in downtown, or Center City, Philadelphia. Citadel Credit Union provided the loan,...

Commercial Real Estate Direct Staff Report JPMorgan Chase Bank, Bank of America, and Deutsche Bank have provided $340 million of floating-rate financing against the 2.5 million-square-foot Franklin office property in Chicago's West Loop neighborhood. The two-year loan, which...

CrossHarbor Capital Partners has provided $80 million of financing for the construction of the 197-unit Samuel apartment property in San Diego. The property is being constructed at 2821 Adams Ave. in the city's North Park neighborhood. It will...

Affiliates of KKR & Co. have provided $72 million of financing against a pair of neighboring retail properties with 334,700 square feet in the Atlanta suburb of Sandy Springs, Ga. The two properties are the 158,400-sf Parkside Shops,...

AZ Big Media Southwest Value Partners has paid $86 million, or $387.39/sf, for Esplanade III, a 222,000-square-foot office building in Phoenix. The company, co-headquartered in Nashville, Tenn., and San Diego, acquired the 10-story property from an affiliate of Transwestern...

Boston Business Journal Synergy has lined up $92 million of financing against 101 Arch St., a 411,000-square-foot office building in Boston. JLL arranged the financing. The lender was not disclosed. Synergy, of Boston, paid $78 million for the...

Connect CRE Terra has lined up $245 million of permanent financing for the first phase of the $1 billion Upland Park mixed-use development in Miami. Slate Property Group provided the loan, with some of its proceeds being used...

NorthPoint Development has paid $87.5 million, or $163.69/sf, for a nine-building industrial portfolio with 534,550 square feet in Benicia, Calif., a northern suburb of San Francisco. CBRE arranged the transaction on behalf of the portfolio's seller, which according...

Commercial Real Estate Direct Staff Report New York Life Insurance Co. has provided $63 million of mortgage financing against the 310-room Delta Hotels by Marriott New York Times Square hotel in Manhattan. The property is a former Staybridge...

AJH Management is offering for sale the 1,068-unit International City Apartments in Philadelphia. The Lakewood, N.J., company has hired Newmark to market the property, which sits on 44 acres at 7900 and 8400 Lindbergh Blvd., about eight miles...

Ashford Hospitality Trust Inc. has sold the 351-room Hyatt Regency Savannah in Savannah, Ga., for $158 million, or $450,142/room. The Dallas hotel REIT sold the property to a venture of Certares Real Estate Management of New York and...