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...

Commercial Real Estate Direct Staff Report Goldman Sachs and Barclays Capital have provided $150 million of mortgage financing against the Springfield Town Center shopping mall in the Washington, D.C., suburb of Springfield, Va. The loan, which requires only...

Commercial Property Executive LBA Realty has paid $42.4 million, or $149.45/sf, for Tracy 6, a 283,713-square-foot industrial property in Tracy, Calif., about 64 miles east of San Francisco. The Irvine, Calif., company purchased the property from Prologis, a...

Commercial Observer Cohen Brothers Realty has reached an agreement to sell the 300,000-square-foot office property at 3 East 54th St. in midtown Manhattan for $188 million, or $626.66/sf. The company, however, is waiting for a deposit from what...

Shorenstein Investment Advisers has acquired the 209,000-square-foot Park Place at Bay Meadows office property in the San Francisco suburb of San Mateo, Calif. The San Francisco investment manager purchased the property, at 1100 and 1200 Park Place, for $144.5...

Commercial Real Estate Direct Staff Report An affiliate of TMR Investments has sold the 368-unit Circ Tucson apartment property, about nine miles north of the Tucson, Ariz., downtown area. The buyer and the sales price could not be...

SL Green Realty Corp. has agreed to pay $160 million, or $1,305/sf, for the former Brooks Brothers flagship store at 346 Madison Ave. in midtown Manhattan, along with an adjoining parcel. The New York REIT is buying the...

Commercial Observer Blackstone has made a preferred equity investment in Herald Towers, the apartment and retail property at 50 West 34th St. in the Herald Square section of Manhattan. The property, with 691 apartments and 102,000 square feet...