Tampa Bay Business Journal Praedium Group has bought the Rowan Pointe Apartments, a 349-unit complex in Pinellas Park, Fla., for $108.6 million, or about $311,175/unit. The New York real estate company purchased the property from LIV Development of...

Commercial Real Estate Direct Staff Report The $280 million of CMBS financing against 60 Hudson St., a 1.1 million-square-foot data center in the Tribeca neighborhood of Manhattan, has been paid off ahead of its November maturity date. The...

Commercial Real Estate Direct Staff Report The $69.3 million loan against the 484,994-square-foot Hagerstown Premium Outlets has gone 30 days late in its payment, according to a September remittance report. The missed payment was highlighted this morning in...

GreenLake Asset Management LLC has provided $35.3 million of financing for the construction of KeeTown Loop, a 40-acre mixed-use property in Waukee, Iowa. A development group led by Harry Coin is building the project at the intersection of...

Commercial Real Estate Direct Staff Report M&T Realty Capital Corp. has provided $63.85 million of financing to facilitate the purchase of the Aiya, a 360-unit apartment property in Gilbert, Ariz. Olympus Property purchased the apartments from the Wolff...

Dallas Morning News Newmark Group is marketing for sale a pair of suburban Dallas office properties with about 670,000 square feet on behalf of separate sellers. The brokerage has the listing for Collins Crossing, an 11-story building with...

Commercial Real Estate Direct Staff Report The $50.9 million securitized loan against a pair of mixed-use properties in Manhattan has been paid off in full. News of the pay-off was highlighted yesterday in a TreppWire report. The loan...

Commercial Real Estate Direct Staff Report The appraised value of Seacourt Pavilion, a 248,727-square-foot retail property at 635 Bay Ave. in Toms River, N.J., has been slashed to $25.8 million. That's less than the property's $26.8 million of...

Commercial Real Estate Direct Staff Report MG Properties has paid $89.75 million, or $485,135/unit, for the 185-unit Artist Walk Apartments in Fremont, Calif. The San Diego investment manager purchased the property from Clarion Partners, which had acquired it...

Commercial Real Estate Direct Staff Report Pebblebrook Hotel Trust has lined up $140 million of financing against the 369-room Margaritaville Hollywood Beach Resort in Hollywood, Fla. The fixed-rate loan has a three-year term, but comes with a pair...

Commercial Real Estate Direct Staff Report The $180 million CMBS loan against the Dumbo Heights Portfolio, a collection of four office buildings totaling 753,074 square feet in the Dumbo neighborhood of Brooklyn, N.Y., was not paid off ahead...

PGIM Real Estate has provided $455 million of financing against eight industrial properties with 3 million square feet in the Los Angeles, Orange County and Inland Empire regions of California. JLL Capital Markets brokered the deal on behalf...

Commercial Real Estate Direct Staff Report The $308 million loan against 1740 Broadway, a 603,928-square-foot office building in midtown Manhattan, is being offered for sale. CWCapital, the loan's special servicer, expects to begin taking offers for the loan...

Northwind Group has provided $70 million of financing against the unsold condominium units at the Laurel Rittenhouse Square residential complex in Philadelphia. The New York private equity firm provided the condo inventory loan to Southern Land Co., a...

Orlando Business Journal An affiliate of Raith Capital Partners has bought the 600,000-square-foot warehouse property at 10701 Central Port Drive in Orlando, Fla., for $44.5 million, or about $74.17/sf. The New York company purchased the industrial property from...

Finance & Commerce An affiliate of Weidner Apartment Homes has paid $70 million, or $276,679/unit, for Nic on Fifth, a 253-unit apartment property in downtown Minneapolis. The Kirkland, Wash., company purchased the property from an affiliate of AEW...

The Mogharebi Group has opened its first office in Portland, Ore., and has hired James Giblin as senior vice president to lead it. Giblin brings nearly 40 years of experience to the Costa Mesa, Calif., multifamily advisory firm,...

Crain's New York Business Magna Hospitality Group has paid $160 million, or $152,963/room, for a Hilton-branded hotel with 1,046 rooms in the Times Square area of Manhattan. The Warwick, R.I., hotel company bought the property, at 150 West...

The Real Deal Prime Enterprises bought the Raytheon Campus, a 405,130-square-foot office property in Fullerton, Calif. The Pasadena, Calif., family office, which is led by Dr. Alethea Hsu, purchased the property for $76.5 million from a venture of...

BisNow A venture of Madison Marquette and Highland Square Holdings has paid $70 million, or $222.22/sf, for the 315,000-square-foot office building at 725 12th St. NW in downtown Washington, D.C. It bought the property from Allianz Real Estate,...

Commercial Real Estate Direct Staff Report A three-year extension has been finalized for the $536 million of CMBS debt against the 2.78 million-square-foot Aon Center in Chicago. The finalization was highlighted this morning in a TreppWire report. In...

CIM Group has provided $29.6 million of floating-rate financing for the purchase of Aloft Tampa Downtown, a 130-room hotel in Tampa, Fla. JLL's hotel and hospitality group arranged the financing on behalf of the buyer, Newbond Holdings of...

The Real Deal JPMorgan Asset Management is offering for sale the 198-unit apartment property at 850 North Lake Shore Drive in Chicago. Newmark has been tapped to market the property on behalf of the investment bank, which it...

Crain's New York Business A venture of Starwood Capital Group and Onyx Acquisition IV has paid $146 million, or $291.42/sf, for a portfolio of 10 industrial properties totaling 501,000 square feet near John F. Kennedy International Airport in...

South Florida Business Journal An affiliate of Ashcroft Capital has paid $70.4 million, or about $195,556/unit, for the Advenir at Cocoplum, a 360-unit apartment property in Coconut Creek, Fla. The New York company purchase the property from Advenir...