PPM America Inc. has provided $125 million of financing against eight industrial properties with 3.9 million square feet around Indianapolis International Airport. JLL Capital Markets arranged the debt on behalf of the properties' owner, OVB Indianapolis Industrial LLC,...

Commercial Real Estate Direct Staff Report The SL Green Realty Corp. venture that owns One Madison Ave. in the Midtown South submarket of Manhattan has lined up a $1.65 billion mortgage against the 1.4 million-square-foot office property. The...

Atlanta Business Chronicle Partners Capital has paid $46.1 million, or $176.34/sf, for the Powers Ferry Business Park, a 262,000‑square‑foot office property in Atlanta. The investment platform of Partners Real Estate of Houston bought the property through its latest...

Commercial Real Estate Direct Staff Report AH Realty Trust, the former Armada Hoffler Properties Inc., has struck a deal to sell 11 of its 14 apartment properties in Virginia, Maryland, Georgia, and North Carolina for $562 million in...

Avanti Residential has paid $40.88 million, or $389,333/unit, for Enclave Rigden Farm, a 105-unit apartment property in Fort Collins, Colo. The Denver multifamily investor acquired the property, at 2758 Iowa Drive, from Granite Capital Group, which bought it...

Commercial Real Estate Direct Staff Report The Canoe Brook Development venture that only last year completed construction of the 289-unit Declan apartment property along the Hudson River waterfront in Weehawken, N.J., has put it up for sale. The...

An affiliate of PGIM Real Estate has provided $45 million of financing against the 161-unit Reside on Barry apartment property in Chicago. Northmarq arranged the seven-year loan on behalf of the property's owner, Newcastle Investors of Chicago. It...

Dwight Capital has provided a $56 million loan under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 269-unit StoneHawk Rosehill apartment property in the Dallas suburb of Garland, Texas. The property...

Federal Realty Investment Trust has paid $72.3 million, or $410.80/sf, for the 176,000-square-foot Congressional North Shopping Center in the Washington, D.C., suburb of Rockville, Md. The North Bethesda, Md., REIT acquired the property, at 1501-1519 Rockville Pike, from...

Commercial Real Estate Direct Staff Report Starbucks Corp., which was founded in 1971 in Seattle's famed Pike Place Market, is expanding its office footprint—but not in its hometown. Instead, the coffeehouse chain is looking for about 250,000 square...

Commercial Real Estate Direct Staff Report The continued weak performance of One State St. in Lower Manhattan has prompted S&P Global Ratings to downgrade the five classes of a CMBS deal that holds a $94.5 million piece of...

Commercial Real Estate Direct Staff Report Wells Fargo Bank has provided $145 million of mortgage financing against the 357,502-square-foot Towers at Cupertino City Center office property in the Silicon Valley city of Cupertino, Calif. The loan, which will...

GO Residential REIT has agreed to pay $217 million, or $1.17 million/unit, for the 185-unit apartment property at 409 Eastern Parkway in the Prospect Heights section of Brooklyn, N.Y. The Toronto company is buying the seven-year-old property from...

Dallas Business Journal Madera Residential has acquired Jefferson Cove, a 283‑unit apartment community in the Dallas suburb of Grand Prairie, Texas. The Lubbock, Texas, company bought the property from TDI Real Estate Holdings, a Dallas multifamily investor. Newmark...

The Real Deal Cedars-Sinai has paid $270 million, or $807.06/sf, for the Beverly Connection, a 334,566-square-foot shopping center in Los Angeles. The local healthcare company acquired the retail property, at 100 North La Cienega Blvd., from Ashkenazy Acquisition...

GO Residential REIT has agreed to pay $222.6 million, or $1.07 million/unit, for the 209-unit apartment property at 7 Dey St. in Lower Manhattan. The Toronto REIT was formed just last year to invest in luxury apartment buildings in...

The Real Deal CIRE Equity has paid $116 million, or $377.85/sf, for a pair of neighboring industrial buildings with a total of 307,000 square feet in Van Nuys, Calif. The San Diego private equity firm bought the properties...

The Real Deal AmTrust has paid $77 million, or $409,574/unit, for the 188-unit apartment building at 220 West Illinois St. in Chicago. The New York investment firm acquired the property from Cortland, which bought it in 2022 for...

Peachtree Group has provided $103 million of financing against the Hilton Miami Beach Convention Center Hotel, a collection of seven buildings that Chetrit Group acquired in 2012 and is redeveloping into one 289-room property. The buildings on the...

New York Life Real Estate Investors has provided $75 million of financing for the development of the 145-unit Residence at Bay Terrace apartment property in the Bayside section of Queens, N.Y. The two-building property is being developed by...

South Florida Business Journal An affiliate of DRA Advisors has paid $43 million, or $217.60/sf, for a two-building warehouse complex totaling 197,608 square feet at 1200 and 1210 SW 35th Ave. in Boynton Beach, Fla. The New York...

South Florida Business Journal NorthBridge Partners has paid $81.5 million, or about $226.73/sf, for a 359,460‑square‑foot portfolio of small-bay industrial properties in Lauderdale Lakes, Fla. The Wakefield, Mass., company bought the portfolio from an affiliate of Harbert Management...

Commercial Observer Industrious has expanded its footprint by 51,600 square feet, to 291,600 sf, at Tower 49, giving it nearly half of the space in the 600,000-sf office building in Midtown Manhattan. The coworking company first took space in...

Commercial Real Estate Direct Staff Report The $133 million CMBS loan against the 780,648-square-foot Panorama Corporate Center office property in the Denver suburb of Centennial, Colo., wasn't paid off at its maturity last month. As a result, it...

Atlanta Business Chronicle Amazon.com has bought the Chattahoochee Logistics Center, a 1.1 million-square-foot industrial property in Atlanta for $129.8 million, or $118/sf. The Seattle online retail giant purchased the property from Walton Street Capital of Chicago. Amazon had...