ConnectCRE A venture of Lincoln Property Co. and Bridge Investment Group has lined up $43.5 million of fixed-rate financing against Vibe at Echo Street West, a 292-unit apartment complex in Atlanta's Midtown area. CBRE arranged the Fannie Mae...

Commercial Real Estate Direct Staff Report Elme Communities, the former Washington REIT, has begun its liquidation with the $1.6 billion sale of 19 apartment properties with 5,804 units in Virginia, Georgia, and Washington, D.C., to Cortland. The Bethesda,...

Commercial Property Executive LBA Realty has paid $45.5 million, or $816.88/sf, for the 55,700-square-foot industrial property at 868 Cowan Road in Burlingame, Calif., about 14 miles south of San Francisco. The Irvine, Calif., company acquired the building from...

The Real Deal Rialto Capital Advisors, special servicer for the $104.5 million CMBS loan against the 139,921-square-foot office property at 90 Fifth Ave. in Manhattan's Midtown South area, has hired Newmark to sell the debt. Rialto previously filed to...

Commercial Real Estate Direct Staff Report The Factory, a former Macy's furniture warehouse in Queens, N.Y., that five years ago was redeveloped into creative office space, has continued to face declining occupancy and cash flow. This year through...

The Real Deal The venture of MetLife and Beacon Capital Partners that owns 575 Fifth Ave. in midtown Manhattan has tapped Eastdil Secured to market the 540,000-square-foot mixed-use building for sale. It is seeking more than $400 million,...

Orlando Business Journal RMR Residential has paid $62 million, or $225,455/unit, for the Atrium at Oviedo Park apartment complex in Oviedo, Fla. The company, an affiliate of The RMR Group of Newton, Mass., purchased the property from CGI+...

JLL Real Estate Capital has provided $40.5 million of mortgage financing against the 300-unit Place at Silverbell Gateway apartment property in Tucson, Ariz. The loan pays a floating coupon and allows the property's owner, MC Cos. of Scottsdale,...

Commercial Real Estate Direct Staff Report An affiliate of Citivest Commercial has paid $25.25 million, or $133.13/sf, for the 189,670-square-foot Bear Creek Plaza shopping center in the southwest Oregon city of Medford. The Newport Beach, Calif., real estate...

Commercial Real Estate Direct Staff Report Savanna is close to getting additional time to line up a new mortgage to refinance the matured $463 million loan against its 682,988-square-foot 5 Bryant Park office building in midtown Manhattan. The...

Commercial Real Estate Direct Staff Report HSL Properties has paid $24.45 million, or $119,852/unit, for the 204-unit Vintage apartment property in Tucson, Ariz. The local company purchased the property, at 8225 East Speedway Blvd., from Phoenix investment manager...

Commercial Real Estate Direct Staff Report BKM Capital Partners has paid $167.85 million, or $188.73/sf, for a portfolio of eight industrial properties totaling 889,352 square feet in the Phoenix and Tempe, Ariz., areas. The Newport Beach, Calif., investment...

Crain's New York Business The venture of SL Green Realty Corp. and PGIM Real Estate that owns the 2.29 million-square-foot 11 Madison Ave. office building in Manhattan's Flatiron District is lining up a $1.4 billion refinancing for the...

Tampa Bay Business Journal A venture of Rockhill Management and Rockpoint has paid $95.55 million, or $319,565/room, for the Westin Tampa Waterside, a 299-room hotel in downtown Tampa, Fla. Rockhill, of Boston, and Rockpoint, of Dallas, purchased the...

Correction: The price paid was understated in a previous version of this story. South Florida Business Journal A fund affiliate of Blackstone Real Estate has paid just less than $300 million for the EAST Miami hotel in Miami's...

South Florida Business Journal An affiliate of Stockbridge Capital Group has bought Uptown Boca, a grocery-anchored lifestyle center in Boca Raton, Fla., for $118.43 million, or $786.43/sf. The San Francisco company purchased the 150,591-square-foot shopping center from a venture...

Tyko Capital has provided a $220 million loan against the 576-unit apartment property at 626 Newark Ave. in the Journal Square section of Jersey City, N.J. The property is owned by Namdar Group of Great Neck, N.Y. Walker...

Commercial Real Estate Direct Staff Report The San Francisco Centre retail and office property in the city's downtown area has had its appraised value lowered again, this time to $195 million—65% lower than the $558 million of mortgage...

Minneapolis/St. Paul Business Journal Scannell Properties has sold three industrial buildings totaling 428,016 square feet within the NorthPark Business Center in Brooklyn Park, Minn., for $63.5 million, or $148.36/sf. The buyer was not immediately known but is said...

Commercial Real Estate Direct Staff Report National average asking rents at multifamily properties declined in August by $1 to $1,755/unit, according to Yardi Matrix, culminating a seven-month streak of rate increases. Rents have risen by 2.6% since January, when...

Waterton has paid $89.5 million, or $340,304/unit, for the 263-unit Mason apartment property in Chicago's Fulton Market neighborhood. The local investment manager acquired the property from its developer, Marquette Cos. The purchase price was first reported by Crain's...

Commercial Real Estate Direct Staff Report Tarsadia Capital, which holds a 3.4% stake in Sunstone Hotel Investors Inc., is urging the Aliso Viejo, Calif., REIT to put its properties on the sale market or pursue a sale of...

Commercial Real Estate Direct Staff Report MG Properties has sold the 183-unit Canyon Villa Apartments in Chula Vista, Calif., for $73.75 million, or $403,005/unit. The buyer in the deal, which was brokered by Northmarq, could not be identified...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Moody's Rating Fitch Rating Mstar DBRS Price % Yield % Final Pricing (bp) Bnch mrk A-2 100.00 30.00 4.74 Aaa AAA AAA 99.99997 4.3565 +78 J-spread A-3...

Charlotte Business Journal A Blackstone affiliate has paid $101.8 million, or $101.80/sf, for the 1 million-square-foot industrial property at 12220 Carolina Logistics Drive in Pineville, N.C. The New York investment giant purchased the property from Beacon Partners of Charlotte,...