Crain's New York Business Benchmark Real Estate Group has paid $66 million, or $528,000/unit, for the 125-unit apartment property at 250 West 85th St. on Manhattan's Upper West Side. The New York investor, which targets older apartment properties,...

Denver Business Journal Four Peaks Multifamily Partners has paid $85 million, or $286,195/unit, for the 297-unit Harvest Station Apartments in Broomfield, Colo., a northern suburb of Denver. The Los Angeles private equity firm acquired the property from Hamilton...

Commercial Real Estate Direct Staff Report The investor group that owns Oliveira Plaza in the Southern California beach city of Port Hueneme has refinanced the 116,035-square-foot retail center's maturing $22.57 million mortgage with a $29.55 million loan from...

Sonnenblick-Eichner Co. has arranged $126.14 million of mortgage financing against a portfolio of seven hotels with 601 rooms in Southern California and the state's central coast owned by Pacifica Hotels. The Los Angeles company arranged five-year loans totaling...

OakNorth Bank has provided $45 million of mortgage financing to facilitate Aya Acquisition's $54.74 million purchase and planned renovation of the 165-room Cassa Hotel in midtown Manhattan. Aya purchased the property, at 66-70 West 45th St., from a...

Truist Financial Corp. has provided $340 million of mortgage financing against 50 and 70 Christopher Columbus Drive, a pair of apartment buildings with 938 units in Jersey City, N.J. The properties are owned by a venture of Ironstate...

Minneapolis/St. Paul Business Journal An affiliate of Granite Towers Equity Group has paid about $40 million, or $242,424/unit, for Waterstone Place, a 165-unit apartment property in Minnetonka, Minn., about nine miles west of Minneapolis. The Spokane, Wash., company...

The Hennick Group has paid $83 million, or $2,876/sf, for the 28,856-square-foot Mandarin Oriental Retail Collection at 772 and 776-778 Boylston St. in the Back Bay section of Boston. The Toronto investor acquired the space in a deal...

Multi-Housing News An affiliate of Acacia Capital has paid $190 million, or $530,726/unit, for Waymark, a 358-unit apartment property in Walnut Creek, Calif. The San Mateo, Calif., investment manager purchased the property from its developer, a venture of...

Hasbro Inc. has signed a lease for 265,000 square feet at the 625,000-sf 400 Summer St. office property in Boston's Seaport area. The toy company is relocating from the 312,784-sf 1027 Newport Ave. in Pawtucket, R.I., where it's...

Lacey Marketplace, a 125,204-square-foot retail center in the Olympia, Wash., suburb of Lacey, Wash., has sold in two separate transactions. A group of investors that include Michael Hess and Dale Pinney sold portions of the fully occupied property...

Commercial Real Estate Direct Staff Report Societe Generale and 3650 Capital have provided $100 million of mortgage financing against the 537-unit Dunbar Apartments in the Harlem section of Manhattan. The loan, with a five-year term during which it...

REBusiness Online A venture of MetLife Investment Management and MDM Group has lined up $79.3 million of financing against the JW Marriott Marquis Miami hotel in downtown Miami. A venture of Madison Realty Capital and Newbond Holdings provided...

Commercial Property Executive A venture of Burton Property Group and Peaceable Street Capital has lined up $113.3 million of financing against a portfolio of three shopping centers totaling 785,598 square feet in Alabama. The financing was arranged by...

New York Life has provided $38 million of financing against the 236-unit Bowers Residences apartment property in Salt Lake City. Northmarq arranged the fixed-rate loan on behalf of the property's developer and owner, Dakota Pacific Real Estate of...

REBusiness Online BridgeInvest has lent $40.5 million against Ravella at Sienna, a 292-unit apartment complex in Missouri City, Texas. Way Capital arranged the financing on behalf of the borrower, a venture of Orion RE Holdings and Sabal Investment...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Moody's Rating Fitch Rating Kroll Price % Yield % Final Pricing (bp) Bnch mrk A-1 1.88 30.00 2.72 Aaa AAA AAA 99.99873 4.13982 +69 J-spread A-2 75.00...

Commercial Observer Aya Acquisitions has paid $54.7 million, or $331,515/room, for the 165-room Cassa Hotel in midtown Manhattan. The property, at 66-70 West 45th St., was previously owned by Chinese conglomerate HNA Group, which filed for bankruptcy in...

Affinius Capital LLC and 3650 Capital have provided a total of $156 million of financing against three self-storage properties with 7,230 units in Brooklyn, the Bronx, and Queens, N.Y., owned by Prime Group Holdings. Affinius provided $120 million...

Charlotte Business Journal InvenTrust Properties has bought 182,000 square feet of retail space at the Rea Farms master-planned development in Charlotte, N.C., for $439.56/sf. The Downers Grove, Ill., REIT purchased the space from Barings, a Charlotte institutional investor. It's...

Gaia Real Estate has negotiated a one-year term extension, through next August, for the $48 million loan against its 117-unit 55 Hope St. apartment building in the Williamsburg section of Brooklyn, N.Y. The loan is held by Raymond...

Commercial Real Estate Direct Staff Report Independently operated apartment properties received 83.2% of rent payments on time in August, up 34 basis points from July but down from 85.4% a year ago, according to Chandan Economics. Despite the...

Walker & Dunlop has provided $25.48 million of Fannie Mae financing against the River Birch Apartments in the Grand Rapids, Mich., suburb of Caledonia, Mich. The 10-year loan requires only interest payments for the first five years, then...

Commercial Real Estate Direct Staff Report The commercial mortgage holdings of life insurance companies generated a total return of 1.9% in the second quarter, according to the LifeComps Total Return Index compiled by Trepp Inc. While that's down...

Commercial Real Estate Direct Staff Report A venture of Harvest Properties and Stockbridge has acquired the 379,615-square-foot Clearview Business Park in San Mateo, Calif. The purchase price could not be learned immediately, but the office complex was assessed...