Washington Business Journal The NHP Foundation has paid $53.7 million, or $246,330/unit, for Hadley Germantown, a 218‑unit affordable-housing complex in Germantown, Md., about 25 miles northwest of downtown Washington, D.C. The New York nonprofit acquired the apartment property...

Charlotte Business Journal Miramar Capital has paid $55.8 million, or $315,254/unit, for a pair of build‑to‑rent townhome communities with a total of 177 units in Charlotte, N.C. The Los Angeles investment firm purchased the properties from Hopper Communities...

Boston Business Journal Boylston Properties has paid $46 million, or $292.99/sf, for a 157,000‑square‑foot office property at 30‑44 Washington St. in Wellesley, Mass. The Boston company purchased the five‑building complex from the Haynes family, which had owned it...

PCCP has provided $130 million of senior financing for the construction of a 304-unit apartment property and adjoining 47,892-square-foot grocery store in the Mott Haven area of the Bronx, N.Y. The property, dubbed The 360, is being developed...

Commercial Real Estate Direct Staff Report The Hagerstown Premium Outlets retail property in the Maryland panhandle has had its appraised value reduced for the fourth time since its CMBS loan got into hot water in 2020. The 484,994-square-foot...

Crain's Chicago Business Ansonia Properties has paid $91 million, or $258,522/unit, for Villages at Canterfield, a 352-unit apartment property in Dundee, Ill., a western suburb of Chicago. The Chicago real estate firm acquired the property from VennPoint Real...

Commercial Real Estate Direct Staff Report The Heinz 57 Center office and retail building in downtown Pittsburgh has been reappraised at a value of only $19.8 million. The 14-story building was constructed in 1913 at 339-357 6th Ave....

Commercial Real Estate Direct Staff Report Drawbridge Realty has paid $255 million, or $497/sf, for the 513,000-square-foot Bridgestone Tower in downtown Nashville, Tenn. The San Francisco investment manager bought the 30-story property from Highwoods Properties Inc., a Raleigh,...

Universe Holdings Development has paid $28 million, or $538,462/unit, for the 52-unit Park Encino apartment property in the Los Angeles suburb of Encino, Calif. The Los Angeles investment manager bought the 12-year-old property from affiliates of Blackstone Property...

Commercial Real Estate Direct Staff Report The Macerich Co. venture that owns the Deptford Mall in the southern New Jersey township of Deptford paid off the property's $131.74 million mortgage when it matured last month. The loan, securitized...

Commercial Real Estate Direct Staff Report Berkadia has provided $30 million of Fannie Mae financing against the 166-unit Havenly Superstition apartment property in Apache Junction, Ariz. The seven-year loan pays a fixed coupon and requires only interest payments....

Washington Business Journal An affiliate of Office Properties Income Trust is offering for sale Union Center Plaza 5, a 253,164‑square‑foot office building near Union Station in Washington, D.C. The Newton, Mass., REIT has tapped JLL to market the...

Washington Business Journal Amazon Data Services Inc. has paid $65 million, or $590.91/sf, for a 110,000‑square‑foot data center in Manassas, Va. The tech giant acquired the property, which sits on 7.66 acres at 7505 Mason King Court, from...

Multi-Housing News A venture of Guardian Real Estate Services and PCCP has paid $63 million, or $189,759/unit, for Ladd Tower, a 332-unit apartment property in downtown Portland, Ore. Guardian, of Portland, and PCCP, of Los Angeles, acquired the...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody's Price % Yield % Final Pricing (bp) Bnch mrk A-1 5.27 30.00 2.39 AAA AAA Aaa J-spread A-2 75.00 30.00 4.59 AAA...

Commercial Real Estate Direct Staff Report Break of Day Capital has paid $33 million, or $110,000/unit, for the 300-unit River Oaks apartment property in Tucson, Ariz. The Manhattan Beach, Calif., investment manager, led by real estate syndicator Gary...

Commercial Real Estate Direct Staff Report The data-center sector's rapid growth is colliding with mounting challenges around power, community opposition, concentration, and underwriting risk. That appeared to be the consensus among panelists at last week's Trepp Connect conference...

Atlanta Business Chronicle A venture of BGO and Greenlaw Partners has paid $70.05 million, or $96.66/sf, for River Park 6, a 724,687‑square‑foot warehouse in Jackson, Ga., about 43 miles south of Atlanta. BGO, a New York investment firm,...

Triangle Business Journal Stonelake Capital Partners has paid $90.5 million, or $147.55/sf, for three recently completed industrial buildings totaling 613,353 square feet in Apex, N.C. The Austin, Texas, investor acquired buildings 2, 3, and 4, which sit on...

Puget Sound Business Journal Premier Storage Investors has paid $51 million, or $51,000/unit, for West Coast Self-Storage, a 1,000-unit property in Bellevue, Wash. The Memphis, Tenn., company acquired the self-storage facility from its developer, Commune Capital of Westlake...

Sonnenblick-Eichner Co. has arranged $110 million of mortgage debt against the 250-room Hotel NIA in the Silicon Valley city of Menlo Park, Calif. The five-year loan was provided by Madison Newbond, a lending venture between alternative lender Madison...

Jacksonville Business Journal Redfearn Capital has lined up $48 million of financing against a portfolio of eight light industrial properties totaling 380,589 square feet in Jacksonville, Fla. Prospect Ridge provided the financing. The properties are in Jacksonville's Westside...

San Antonio Business Journal An affiliate of Casey Development has tapped Berkadia to market for sale Tacara at Weiss Ranch, a 300‑unit apartment complex in Pflugerville, Texas. The property, at 4401 East Pflugerville Parkway, about 18 miles northeast...

Crain's Chicago Business Menashe Properties is in talks to pay less than $60 million, or $76.43/sf, for the 785,000-square-foot office property at 180 North LaSalle St. in Chicago. The Portland, Ore., investment firm would be buying the building...

Tampa Bay Business Journal Fairstead has paid $30.7 million, or $153,500/unit, for the Silver Oaks Apartments, a 200‑unit affordable housing complex in Tampa, Fla. The seller was not identified. The New York real estate company financed its purchase...