Chatham Financial has struck a deal to acquire Hodes Weill & Associates, broadening its service offerings to the investor community. The acquisition is slated to be completed by the end of June, with Hodes Weill's co-founders David Hodes...

Commercial Real Estate Direct Staff Report A venture of Premier Logistics Properties and PCCP has paid $124 million, or $152.50/sf, for an 813,120-square-foot industrial building at 4550 Nexus Way within the Northgate Distribution Center in North Las Vegas....

Bonaventure has paid $39.5 million, or $189,904/unit, for the 208-unit Royal Pointe Apartments in Virginia Beach, Va. The Alexandria, Va., investment manager purchased the 39-year-old property through its Bonaventure Multifamily Income Trust, a five-year-old open-ended fund that's structured...

Commercial Real Estate Direct Staff Report Meidinger Tower, a 332,129-square-foot office building in downtown Louisville, Ky., is being sold for $4.5 million to Indianapolis developer KennMar. The transaction, which has been approved by a circuit court that previously...

Triangle Business Journal Capital Square has lined up $105 million of floating‑rate financing against the Maeve, a 297‑unit apartment building in downtown Raleigh, N.C. TPG Real Estate Finance provided the interest‑only bridge loan, which is being used to...

Prime Finance has provided $24 million of mortgage financing against the 167-room Cedarbrook Lodge in Seattle. The floating-rate loan, with a term of up to five years, was arranged by Sonnenblick-Eichner Co. on behalf of the property's owner,...

Elmington Residential has paid $73.25 million, or $169,169/unit, for the 433-unit Resia Tributary apartment complex in the Atlanta suburb of Douglasville, Ga. The Nashville, Tenn., company is an affiliate of Elmington Capital Group, which has invested in about...

Commercial Real Estate Direct Staff Report JLL Income Property Trust has paid $60.25 million, or $99.59/sf, for the 605,000-square-foot Whitestown Distribution Center III industrial property in Whitestown, Ind., a northern suburb of Indianapolis. The Chicago REIT, whose shares...

The Real Deal Lone Star Funds has taken ownership of 600 California St. in San Francisco, after a foreclosure auction last week generated no bids on the 359,883-square-foot office building. The Dallas private equity firm paid $130.6 million...

Columbus Business First Saxum Real Estate has paid $70 million, or $150.45/sf, for the 465,256-square-foot industrial property at 5303 Fisher Road in Columbus, Ohio. The Summit, N.J., developer acquired the property from a limited liability company that purchased...

Bravo Property Trust has provided $23 million of short-term financing against the 31-unit apartment building at 106-107 South 6th St., near the foot of the Williamsburg Bridge in Brooklyn, N.Y. The four-story building was constructed in 1891 as...

Bisnow JPMorgan Chase Bank has provided a $54 million loan against the 115-unit apartment property at 10 Downing St. in Manhattan's Greenwich Village area. The loan allows the property's owner, Stonehenge NYC, to retire a $57.3 million loan provided...

Triangle Business Journal Solera Senior Living has bought the 138-unit Atria Cary seniors-housing community in Cary, N.C., for $60.28 million, or $436,812/unit. The Denver company purchased the five-story property from Atria Senior Living. The property was built four...

Jacksonville Daily Record An affiliate of American Landmark Apartments has bought the Vale at Baymeadows, a 276‑unit apartment property in Jacksonville, Fla., for $42 million, or $152,174/unit. The Tampa, Fla., company purchased the 14-building property from an affiliate...

Commercial Real Estate Direct Staff Report The CMBS loan against the 1.74 million-square-foot office building at 1515 Broadway in Midtown Manhattan has been further extended through next March, after the building's owner, a venture led by SL Green...

South Florida Business Journal A venture of Falcone Group, Rok Acquisitions, Davis Cos., and Jamestown has bought the 300,000 square feet of retail, dining, and entertainment space at the Miami Worldcenter mixed-use complex for $210 million, or $700/sf....

Bisnow Comstock Holding Cos. has paid $40.2 million, or $217.30/sf, for the 185,000-square-foot office building at 2200 Woodland Pointe Ave. in Herndon, Va. The Reston, Va., investor acquired the property from Union Investment Real Estate GmbH Corp. National...

Commercial Real Estate Direct Staff Report The $160 million mortgage against the 2.34 million-square-foot U.S. Steel Tower in Pittsburgh matures in less than two months and is evidently facing challenges getting refinanced. The loan is scattered among three...

Tampa Bay Business Journal Precedent Asset Management has filed a foreclosure suit against the owner of the Captiva Club, a 361-unit apartment complex in St. Petersburg, Fla. The local real estate company, which filed its suit in Hillsborough...

Multi-Housing News Living Residential has paid $115.9 million, or $386,333/unit, for the 300-unit Woodmont Forge apartment property at 100 Forge Circle in Pennington, N.J., which is just outside of Princeton, N.J. The Lakewood, N.J., investor acquired the property...

Bridge Capital Partners has paid $105 million, or $432,098/unit, for the 243-unit Sunset Towers apartment property in San Francisco. The multi-family office acquired the property, at 8 Locksley Ave., from AvalonBay Communities Inc. The deal, which was highlighted...

Commercial Real Estate Direct Staff Report Gantry has arranged $73 million of Fannie Mae financing against the 425-unit Prairie Creek Apartments and Townhomes in Lenexa, Kan., a southern suburb of Kansas City. The five-year loan pays a fixed...

Mesa West Capital has provided $50.5 million of mortgage financing against the 308-unit Gran Bay Apartments in Jacksonville, Fla. The loan has a term of up to five years and allows the property's owner, Beachwold Residential of New...

Bisnow BXP Inc. has sold its 50% stake in the 734,000-square-foot office property at 7750 Wisconsin Ave. in Bethesda, Md., to its partner, Bernstein Cos. of Washington, D.C., in a deal that values the four-year-old building at $430...

Commercial Real Estate Direct Staff Report The $33.5 million CMBS loan against the 407-room Norfolk Waterside Marriott is headed to foreclosure. The loan, originated just three years ago and securitized through BANK5, 2023-5YR2, transferred to special servicer CWCapital...