Nashville Business Journal A venture of Magnolia Investment Partners and Tenn Properties has paid $88.3 million, or $200.68/sf, for the 440,000-square-foot Brentwood Commons office park in the Nashville, Tenn., suburb of Brentwood, Tenn. The Los Angeles County Employees'...

South Florida Business Journal Rental Asset Management has bought the 140-unit Ram Elyps Apartments in Fort Lauderdale, Fla., for $46.5 million, or $332,143/unit. The local company purchased the complex from Pinnacle, a Miami developer that had completed its...

Commercial Observer M&T Realty Capital Corp. has provided a $347.4 million Fannie Mae loan against the 575-unit Bud South apartment property in the Long Island City section of Queens, N.Y. The property, at 2-20 Malt Drive, opened last...

Berkadia has provided $141.9 million of mortgage financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 303-unit ElevenEleven apartment property in San Francisco. The loan was arranged on behalf of...

Commercial Real Estate Direct Staff Report An affiliate of Pacific Transwest Real Estate Inc. has paid $31.73 million, or $101,698/unit, for the 312-unit Ventura Villas apartment property in Tucson, Ariz. The San Diego company acquired the property from...

Commercial Real Estate Direct Staff Report MDH Partners has paid $165 million for a portfolio of six industrial buildings with 1.48 million square feet in Kentucky, Georgia, Florida, and Ohio. The Atlanta investment manager, which early last year...

Commercial Real Estate Direct Staff Report BGO has turned over the 503,000-square-foot office property at 757 Third Ave. in Manhattan to its lender, New York Life Real Estate Investors, through a deed-in-lieu of foreclosure. BGO, the former BentallGreenOak,...

Denver Business Journal Sagard Real Estate has paid $62.75 million, or $240.43/sf, for the 260,989-square-foot warehouse at 2021 Farallon Drive in San Leandro, Calif. The Denver investor acquired the industrial building from an affiliate of the Rosalinde and...

Commercial Real Estate Direct Staff Report ConnectOne Bank has provided $89.61 million of mortgage financing against the 422,452-square-foot Hutchinson Metro Center I office property in the Bronx, N.Y. The Englewood Cliffs, N.J., bank's loan allowed the property's owner,...

Tishman Speyer has provided $17.5 million of mezzanine financing, behind a $46 million senior loan from Blue Owl Capital, for the recently completed T3 Wedgewood Houston office building in Nashville, Tenn. The 197,000-square-foot property, at 1234 Martin St.,...

Commercial Real Estate Direct Staff Report Pacific Life Insurance Co. has provided $107 million of financing for the construction of the ReDiscover Logistics Park, an 808,448-square-foot industrial property in Phoenix. The loan was arranged by JLL Capital Markets...

Closer Properties will pay $76 million, or $760/sf, for six parcels with a total of 100,000 square feet of commercial space on Manhattan’s Upper East Side. The New York developer is acquiring the sites from W Financial of...

Commercial Real Estate Direct Staff Report The appraised value of the 2 million-square-foot office property at 1211 Ave. of the Americas in Midtown Manhattan has been reduced by nearly 42% to $1.19 billion. The property was appraised at...

Commercial Real Estate Direct Staff Report BXP Inc. signed 79 office leases for 1.52 million square feet during the third quarter, up 39% from a year ago and 30% more than its five-year average for third quarters. It...

Commercial Real Estate Direct Staff Report Stockdale Capital Partners has paid $110.25 million, or $414,473/unit, for the 266-unit Quincy at Kierland apartment property in Scottsdale, Ariz. The Los Angeles investment manager purchased the property from its developer, Embrey...

Truist Bank has provided $96.8 million of financing for the development of the 360-unit Prescott Post apartment property in Portsmouth, N.H. The property, at 100 Durgin Lane, is being developed by a venture of Eastern Real Estate of...

PNC Bank has provided $50 million of mortgage financing against the 237-unit first phase of the Fox and the Grouse apartment property in the Minneapolis suburb of Eden Prairie, Minn. JLL Capital Markets arranged the five-year loan on...

S3 Capital has provided $81 million of financing for the construction of the 68-unit residential condominium building at 19-29 Clay St. in the Greenpoint section of Brooklyn, N.Y. The property is being developed by Investmates Real Estate &...

Commercial Real Estate Direct Staff Report Citibank has provided $600 million of financing against eight apartment properties with 3,241 units in the Southeast and Midwest regions of the country owned by investment manager West Shore. The five-year financing,...

Charlotte Business Journal A venture of Guardian Capital and New York Life Real Estate Investors has paid $55.5 million, or $231,250/unit, for the Graces Reserve Apartments, a 240-unit complex in Kannapolis, N.C. The venture purchased the property from...

Crain's Chicago Business Menashe Properties has paid $51.5 million, or $89.29/sf, for the 576,800-square-foot office building at 125 South Wacker Drive in Chicago. The Portland, Ore., investor acquired the property from Ivanhoe Cambridge, the real estate investment arm of...

Simon Property Group has acquired the 12% stake it didn't already own in Taubman Realty Group. The Indianapolis REIT acquired an 80% stake in Taubman, of Bloomfield Hills, Mich., in 2020 in a deal valuing the company at $6.9...

Multi-Housing News Millburn & Co. has paid $71.3 million, or $331,627/unit, for Echo Biltmore, a 215-unit apartment property in Phoenix. The Salt Lake City investment firm acquired the property from its developer, Wood Partners. CBRE Capital Markets arranged...

REBusiness Online A venture of Eastham Capital and Merion Realty Partners has sold the 288-unit Monroe Apartments in Tallahassee, Fla., for $47.5 million, or $164,931/unit. The buyer was not immediately known. The Monroe was built in 1999 at...

CEG Capital Partners has paid $23 million, or $431.57/sf, for the 53,294-square-foot Shops at Madison Place retail property in San Diego. The local commercial real estate investor acquired the property, at 5487-5597 Clairemont Mesa Blvd., from an investor...