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...

Investment manager Conversant Capital LLC has committed to invest up to $300 million in Bond Street REIT, which specializes in convenience retail centers, particularly in the southeastern United States, Texas, and Indiana. The capital will allow Bond Street,...

Commercial Real Estate Direct Staff Report Fidelity Investments has paid $37.8 million, or $517,808/unit, for the 73-unit apartment property at 3200 Washington St. in the Jamaica Plain section of Boston. The local investment manager acquired the property from...

A venture of Intercontinental Real Estate Corp. and LaTerra Development has paid $27 million, or $34,438/unit, for the 784-unit EZ Access Self-Storage property in the northern Los Angeles suburb of Newhall, Calif. Intercontinental, of Boston, and LaTerra, of...

Affinius Capital has provided $132.4 million of financing against the 814,567-square-foot Lower Bucks Logistics Hub in the Philadelphia suburb of Langhorne, Pa. The two-building industrial property, at 1600 and 1620 East Old Lincoln Highway, with frontage along Interstate...

Commercial Real Estate Direct Staff Report MF1 Capital has provided $116 million of financing against three apartment properties with 441 units in the Phoenix area. The two-year loan, which can be extended by up to three additional one-year...

Commercial Property Executive Cadence Bank has provided $67.4 million of financing against the 855,000-square-foot industrial property at 4900 West Elkhorn Blvd. in Sacramento, Calif. The loan allows the owner of the property, Affinius Capital of New York, to...

The Real Deal Savanna has paid $50 million, or $105.26/sf, for the leasehold interest in the 475,000-square-foot office building at 444 Madison Ave. in midtown Manhattan. The New York investment manager bought the property from Westbrook Partners in...

Washington Business Journal T2 Hospitality has paid $127.99 million, or $281,916/room, for the 454-room Washington Marriott at Metro Center hotel in Washington, D.C. The Newport Beach, Calif., investor, formerly Tarsadia Hotels, acquired the property from Host Hotels &...

Bisnow Bank Hapoalim has provided a $220 million loan against the 490-unit apartment property at 1440 Amsterdam Ave. in the Harlem section of Manhattan. The property is owned by a venture of Artimus NYC and Grid Group of...

Commercial Real Estate Direct Staff Report TruAmerica Multifamily has acquired two apartment properties with a total of 423 units in Redmond, Wash., and Chandler, Ariz., in separate deals for a total of $130.55 million. The Los Angeles investor...

Commercial Real Estate Direct Staff Report NB Acquisitions LLC is the proposed buyer of San Francisco's 1,024-room Hilton Parc 55 and the 1,919-room Hilton San Francisco Union Square. The company is a venture of Newbond Holdings and Conversant...

Commercial Real Estate Direct Staff Report Southwest Value Partners has paid $266 million, or $212.80/sf, for a portfolio of six office buildings with 1.25 million square feet in the Phoenix area. The San Diego investment manager bought the...

Commercial Real Estate Direct Staff Report Eurostars Hotel Co. has paid $23.63 million, or $295,375/room, for the 80-room Boxer Boston hotel at 107 Merrimac St. in Boston's West End area. The company, the hotel division of Grupo Hotusa...

Commercial Real Estate Direct Staff Report Golden Arc Inc. has paid $52.5 million, or $500,000/unit, for the 105-unit apartment property at 2442 Ocean Ave. in the Sheepshead Bay section of Brooklyn, N.Y. The New York investor, an affiliate...

Commercial Real Estate Direct Staff Report Crow Holdings has paid $97.5 million, or $259,309/unit, for the 376-unit 33 West Apartments in the Miami suburb of Davie, Fla. The Dallas investment manager bought the property from Clarion Partners, which...

Crain's Chicago Business General Investment & Development, or GID, is offering for sale Flair Tower, a 197-unit apartment building in Chicago's River North neighborhood. The Boston investment firm hired CBRE to market the property, at 222 West Erie...

Redfearn Capital has paid $23.9 million, or $240.80/sf, for three industrial buildings totaling 99,250 square feet at 7377, 7401, and 7429 Riviera Blvd. in the Miami suburb of Miramar, Fla. The Delray Beach, Fla., investment manager, which pursues...

Bank OZK and 3650 Capital have provided $91 million of financing for the development of the 198-unit Coastline apartment property in downtown Stamford, Conn. Bank OZK provided $59 million of senior financing, while 3650 Real Estate Credit Solutions...