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...

Commercial Real Estate Direct Staff Report PNC Bank has provided $73.25 million of financing against a pair of retail properties owned by Federal Realty Investment Trust in the Phoenix suburb of Chandler, Ariz. The bank provided $51 million...

Commercial Real Estate Direct Staff Report A venture of Standard Real Estate Investments and Vistria Group has paid $93.2 million, or $221,904/unit, for the 420-unit Fox Valley Villages apartment complex in the Chicago suburb of Aurora, Ill. Standard,...

SKS Partners, which owns the 84,500-square-foot medical office property at 3838 California St. in San Francisco, has refinanced the property with a $20.9 million loan from a life insurance company. The three-year loan, which pays a fixed coupon,...

Northmarq has originated a $54 million Freddie Mac loan against the 197-unit Storehouse Lofts apartment property in Alameda, Calif., in the East San Francisco Bay area. The 10-year loan was arranged on behalf of the property's owner, Alameda...

San Antonio Business Journal A venture of MCB Real Estate, Epic Real Estate Partners, and Centerbridge Partners has lined up $60 million of financing from Truist Bank for its purchase of the Northwoods Shopping Center in San Antonio....

Commercial Real Estate Direct Staff Report Deutsche Bank and Wells Fargo Bank are providing $1.1 billion of mortgage financing against the 1.1 million-square-foot Deutsche Bank Center in Manhattan's Columbus Circle area. The loan, with a two-year initial term...

Denver Business Journal Trinity Property Consultants has paid $40 million, or $173,913/unit, for ReNew Pinehurst, a 230-unit apartment property in Denver. The Irvine, Calif., investor acquired the property, at 3550 South Kendall St., from Advenir Azora, which bought...

Commercial Real Estate Direct Staff Report Shorenstein Investment Advisers paid $126.5 million, or $403.37/sf, for the 313,609-square-foot Sterling Plaza office building in Dallas. As reported in July, the San Francisco investment manager bought the 19-story building from KBS REIT...

Commercial Real Estate Direct Staff Report The venture between Monomoy Property Ventures and Axonic Capital that bought the dual-branded hotel at 590 West Peachtree St. NW in Atlanta paid $36 million, or $77,922/room, for the 462-room property. As...

A venture of Monomoy Property Ventures and Axonic Capital has purchased the dual-branded Crowne Plaza Atlanta-Midtown and Staybridge Suites Atlanta-Midtown hotel in Atlanta, with plans to renovate the property and re-brand it a Marriott. The price paid for...

The Real Deal Invesco has provided $280 million of mortgage financing against the 455-unit apartment building at 980 Sixth Ave. in Manhattan. The loan retires $273 million of financing that Blackstone Mortgage Trust provided in 2022. The 980...

Dwight Capital has provided a $53 million loan, under the U.S. Department of Housing and Urban Development's 221(d)(4) program to fund the construction of the 312-unit Lariat apartment property in Amarillo, Texas. The property, with 186 one-bedroom and...

Shorenstein Investment Advisers has purchased the 330,376-square-foot 1222 Demonbreun office building in the Gulch area of Nashville, Tenn. The San Francisco investment manager bought the 20-story building, which includes 5,836 sf of retail space and a nine-story parking...

Commercial Real Estate Direct Staff Report The venture between Norges Bank Investment Management and Beacon Capital Partners that last month had struck a deal to buy the 1.03 million-square-foot Americas Tower in Midtown Manhattan has completed its $572.29 million,...

Commercial Real Estate Direct Staff Report An affiliate of AEW Capital Management has paid $65 million, or $393,939/unit, for the 165-unit Inspira Arrowhead seniors-housing property in Glendale, Ariz., about 28 miles north of Phoenix. The Boston investment manager...

Treetop Cos. has paid $32 million, or $62.09/sf, for the Pittsburgh Logistics Center at 460 Nixon Road in the Pittsburgh suburb of Cheswick, Pa. The 515,411-square-foot industrial property was sold by Maguire Hayden Real Estate Co., which bought...

Commercial Real Estate Direct Staff Report Jericho Plaza, with 665,592 square feet of office space in the Long Island, N.Y., town of Jericho, has been reappraised at a value of $161.9 million, just more than the $149.2 million...

Commercial Real Estate Direct Staff Report The $384.8 million CMBS loan against a portfolio of 43 apartment properties with 8,671 units that Chetrit Group purchased in 2019 for $522 million has been paid down to $195.96 million. That's...

Commercial Observer Friedman Capital has paid $60 million, or $392,156/room, for the 153-room Capitol Hill Hotel at 200 C St. NE in Washington, D.C. The Washington, D.C., investor acquired the property from TPG Real Estate, which purchased it in...

Commercial Real Estate Direct Staff Report Walton Street Capital has provided $99.3 million of mortgage financing against 25 North, a 936,775-square-foot industrial property in the Denver suburb of Thornton, Colo. JLL Capital Markets arranged the loan, which allowed...

Nashville Business Journal CapRidge Partners is offering for sale Nashville City Center, a 477,000-square-foot office building in downtown Nashville, Tenn. Newmark has the listing for the 27-story property, which sits on 0.75 acres at 511 Union St. CapRidge, of...

Crain's Chicago Business Highlands Vista Group has paid $54 million, or $184,300/unit, for Renaissance at Carol Stream, a 293-unit apartment property in Carol Stream, Ill., a western suburb of Chicago. The Denver investor acquired the property from Bender...

Commercial Real Estate Direct Staff Report The $1.3 billion financing package against 660 Fifth Ave., a 1.34 million-square-foot office building in Midtown Manhattan, pays a blended coupon pegged to SOFR plus 264 basis points. The financing was provided...