Tampa Bay Business Journal Copperline Partners has plans to develop the Magnolia Hotel and Residences in the Hyde Park area of Tampa, Fla. The West Palm Beach, Fla., developer has proposed redeveloping the Winters & Yonker Building, at...

Commercial Observer Newmark has provided $67.5 million of Fannie Mae financing against the 386-unit Rockwell at Crown apartment property at 800 Rockwell Ave. in the Washington, D.C., suburb of Gaithersburg, Md. The property is owned by Sentinel Real...

Commercial Observer A venture of TPG Angelo Gordon and Aurora Capital Associates has agreed to pay $75 million, or $914.63/sf, for the 82,000-square-foot office property at 15 Little West 12th St. in Manhattan's Meatpacking District. The venture is...

Charlotte Business Journal Hines U.S. Property Partners has bought Birkdale Village, a 673,000-square-foot mixed-use complex in Huntersville, N.C., for $273.9 million, or $406.98/sf. The Houston company purchased the property from a venture of Nuveen and Jamestown, which had brought...

Charlotte Business Journal An affiliate of Goldrich Kest has paid $52 million, or $260/sf, for the nearly 200,000-square-foot warehouse building at 413 Goodman Road in the Charlotte, N.C., suburb of Concord, N.C. The Culver City, Calif., company purchased the...

Jacksonville Business Journal LBA Realty has sold the 555,920-square-foot warehouse at 10501 Cold Storage Road in Jacksonville, Fla., for $49.3 million, or $88.68/sf. The Irvine, Calif., company sold the industrial property to an affiliate of MDH Partners of...

Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has once again downgraded bonds from a 2019 CMBS transaction that was used to fund a $277.1 million senior mortgage portion of a $327.7 million financing package against...

Commercial Real Estate Direct Staff Report Epic Asset Management has paid $82.75 million, or $340,534/unit, for the 243-unit Postmark Apartments in the Seattle suburb of Shoreline, Wash. The Seattle affiliate of the Stephanus family office bought the property,...

Commercial Real Estate Direct Staff Report Jackson Square Properties has paid $54.6 million, or $200,735/unit, for Falls at Arden, a 272-unit apartment property in Sacramento, Calif. The San Francisco multifamily investor acquired the property, at 2345 Northrop Ave.,...

Mesa West Capital has provided $66.25 million of short-term financing against the recently completed, 264-unit Nova at East Park Village apartment property in Orlando, Fla. The loan, arranged by JLL Capital Markets, allowed the property's owner, EPV Development,...

Boston Business Journal Morgan Stanley has paid $157 million, or $424,324/unit, for the 370-unit Alta on the Row apartment property in Worcester, Mass. The investment giant acquired the property from Wood Partners of Atlanta, which developed it on...

The Real Deal The venture of Rockwood Capital and Midtown Equities that owns the 230,000-square-foot office property at 1 Broadway in Manhattan has put the building on the sales block and is seeking $180 million. The venture bought the...

Commercial Real Estate Direct Staff Report JPMorgan Chase Bank, Deutsche Bank, and Goldman Sachs Bank are providing $900 million of mortgage financing against the 2.12 million-square-foot 28 Liberty St. office property in Lower Manhattan. The financing has an...

Crain's Chicago Business LRE Management has paid $63.2 million, or $526,667/unit, for Monroe Aberdeen Place, a 120-unit apartment property in Chicago. The Mamaroneck, N.Y., investor acquired the property, at 1050-1060 West Monroe St., from Origin Investments, which bought...

Greystone has provided a $42.45 million Freddie Mac loan for the 237-unit Cortland on the River apartment property in Boise, Idaho. The loan allowed the property's owner, Cortland of Atlanta, to retire a mortgage that BMO Harris Bank...

Starwood Capital Group has provided $64 million of mortgage financing against the 162-unit Welz apartment complex in the East Williamsburg section of Brooklyn, N.Y. The three-year loan, arranged by Newmark, allowed the property's owner—a venture of Slate Property...

Commercial Real Estate Direct Staff Report The 441,922-square-foot 261 Fifth Ave. office building in the Midtown South submarket of Manhattan, which was 85% occupied as of June, hasn't been able to refinance its now-matured $180 million mortgage. However,...

Commercial Observer Blackstone Real Estate Debt Strategies has provided $198.5 million of financing against the 1.2 million-square-foot Ridge Hill retail property in Yonkers, N.Y. The property, at 1 Ridge Hill Blvd., is owned by a venture of Jamestown,...

Commercial Real Estate Direct Staff Report The Brookfield Properties affiliate that owns the Augusta Mall in eastern Georgia has exercised an option it had to extend the maturity of the property's $160.84 million mortgage by an additional year...

Charlotte Business Journal BGO has purchased the 428,000-square-foot industrial building at 12031 Carolina Logistics Drive in Pineville, N.C., for $64.1 million, or $147.77/sf. The Miami company bought the property from its developer, Beacon Partners of Charlotte, N.C. The building sits...

Charlotte Business Journal Hillridge Capital has bought Loft One35, a 298-unit apartment complex in Charlotte, N.C., for $94 million, or $315,436/unit. The Bethesda, Md., company purchased the property from Wafra of New York, which paid $78.5 million for...

Tampa Bay Business Journal TA Realty has paid $97 million, or $308,917/unit, for the 314-unit Madison Gateway Apartments in St. Petersburg, Fla. The Boston company purchased the complex from Equus Capital Partners of Newtown Square, Pa., which had bought...

Crain's Chicago Business A venture of Ares Management and Magellan Development Group is offering for sale the 474-unit Aqua at Lakeshore East Apartments in Chicago. Ares, of Los Angeles, and Magellan, of Chicago, hired JLL to market the...

Crain's New York Business CSC Real Estate has paid $40.2 million, or $233.72/sf, for the 172,000-square-foot office property at 75 Maiden Lane in lower Manhattan. The New York opportunistic investment company is led by brothers Salo and Alberto...

Odeh Investments has paid $16.7 million, or $151/sf, for the 110,593-square-foot Zecca Plaza retail property in Gallup, N.M., near the Arizona border and midway between Flagstaff, Ariz., and Albuquerque, N.M. The San Diego-area investor bought the property from...