Portman Holdings has lined up $540 million of financing for the construction of the 700-room Cincinnati Downtown Marriott hotel project. The Atlanta developer obtained the financing from Bank OZK, which provided a senior portion of the loan, and...

Philadelphia Business Journal Broadstone Net Lease has agreed to pay $114 million, or $167.65/sf, for the Stine Research Center, a roughly 680,000-square-foot research and development campus in Newark, Del. The New York REIT is acquiring the property from...

Blackstone has agreed to pay $279 million, or $339,830/room, for the 821-room Hyatt Regency San Francisco Hotel. The giant investment manager is buying the property, part of the Embarcadero Center complex in the city's Financial District, from Sunstone...

Cirrus Real Estate Partners has provided $100.4 million of mortgage financing against the two-building DiVosta Towers office complex in Palm Beach Gardens, Fla. The three-year loan, arranged by Berkadia, allowed the property's developer and owner, Gatsby Florida of...

PGIM has provided $222 million of mortgage financing against a pair of office buildings with 1.01 million square feet in Manhattan owned by Rudin Management Co. The investment manager provided $140 million for the 582,405-sf 41 Madison Ave.,...

South Florida Business Journal Waterton Residential has paid $80.52 million, or $224,916/unit, for the Landings at Pembroke Lakes, a 358-unit apartment property in Pembroke Pines, Fla. The Chicago investor bought the property from an affiliate of Bar Invest...

The Real Deal Bascom Group has lined up $52 million of financing against the 366-unit Cantera at Towne Lake apartment property in Cypress, Texas. The Irvine, Calif., company will use a portion of the loan proceeds for renovations. It paid...

Commercial Real Estate Direct Staff Report The $343 million loan against the 1.2 million-square-foot One South Wacker Drive office building in Chicago has transferred to special servicing. The loan, which was provided by Blackstone Mortgage Trust and funded...

Apollo Global Management and Affinius Capital have committed $600 million of financing for the construction of the 1,100-unit 175 Third St. apartment building within the Gowanus Wharf complex in Brooklyn, N.Y. RXR, meanwhile, has made a $185 million...

Dwight Capital has provided $39 million of mortgage financing under the U.S. Department of Housing and Urban Development's 223(f) program for the 174-unit Timberview Apartments in Oregon City, Ore. The loan—those under the 223(f) program fully amortize over...

Commercial Real Estate Direct Staff Report The volume of multifamily loans in special servicing should plunge this month as the $539.5 million senior mortgage against the Yorkshire & Lexington Towers apartment buildings, with a total of 808 units...

Washington Business Journal An affiliate of DSF Group has paid $216.3 million, or $337,696/unit, for Shenandoah Crossing, a 640-unit apartment complex in Fairfax, Va. The Boston investor purchased the garden-style property from AIR Communities of Denver. Shenandoah Crossing...

Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc. has sold the 254-room Hilton Garden Inn Austin Downtown hotel for $26.85 million, or $105,709/room. The Dallas REIT sold the 41-year-old property, at 500 North Interstate 35, to...

Mesa West Capital has provided $82.5 million of mortgage financing against the 352-unit Olin Fields apartment property in the Seattle suburb of Everett, Wash. The loan, with a term of up to five years, allowed the property's owner,...

San Antonio Business Journal An affiliate of DRA Advisors has lined up $168 million of financing for the 320,000-square-foot La Plaza del Norte shopping center in San Antonio. Bank of America provided the loan. DRA, of New York,...

Dallas Business Journal Apollo Global Management has provided $80.3 million of financing to facilitate Tourmaline Capital Partners' purchase of the 376,259-square-foot Tollway Plaza office complex in Dallas. Tourmaline, of New York, purchased the two-building property from Buchanan Street...

Digital Realty Trust Inc. has paid $475 million for 1,440 acres within Astra Enterprise Park, a 9,000-acre industrial complex in De Soto, Kan., just west of Kansas City. The Austin, Texas, REIT would develop a data center on...

Commercial Real Estate Direct Staff Report The $290 million mortgage against the 839,712-square-foot office building at 26 Broadway in Lower Manhattan has transferred to special servicing because it's expected to default. The transfer to special servicer KeyBank was...

OakNorth Bank has provided $33.2 million of financing for the ground-up development of a pair of apartment properties with 99 units at 236 and 240 Highland Place in the East New York section of Brooklyn, N.Y. The two...

Charlotte Business Journal Onward Investors has paid $51 million, or $99.74/sf, for a portfolio of three buildings totaling 511,344 square feet within the Coliseum Centre office park in Charlotte, N.C. The Minnetonka, Minn., investor acquired the buildings from...

Atlanta Business Chronicle Allen Morris Co. has lined up $113.7 million of financing for its Star Metals Offices, a 267,000-square-foot office building in Atlanta. Banco Inbursa provided the loan, which retires $100 million of construction financing from Bank...

South Florida Business Journal Terreno Realty Corp. has paid $56.3 million, or $574.49/sf, for a 98,000-square-foot warehouse at 10910 NW 144th St. in Hialeah Gardens, Fla. The Bellevue, Wash., company purchased the industrial building from an affiliate of...

Benmark Capital has provided $100 million of financing to fund the construction of the 74-unit Alhambra Parc residential condominium property in Coral Gables, Fla. The proposed eight-story building will also have 13,768 square feet of offices and 18,000...

The Seattle Social Housing Developer has paid $60.9 million, or $406,000/unit, for the 150-unit Elara at the Market apartment property. The city agency was formed three years ago to own and operate certain housing properties in Seattle. It...

Dallas Business Journal Shorenstein Properties has acquired The Tennyson, a 273,574-square-foot office campus in the Dallas suburb of Plano, Texas. The San Francisco firm purchased the two-building property from Spear Street Capital, also of San Francisco, in a...