The Real Deal Capstone Equities has filed to foreclose against the $75 million loan on the 34,170-square-foot mixed-use building at 140 Crosby St. in the SoHo section of Manhattan. The property, which has an alternate address of 606...
Commercial Real Estate Direct Staff Report Raintree Partners has paid $100 million, or $373,134/unit, for Cypress Point, a 268-unit apartment property in Ventura, Calif. The Dana Point, Calif., developer purchased the property from an investor group in a...
Commercial Real Estate Direct Staff Report MML Hospitality has paid $92 million, or $814,159/room, for the 113-room Nine Orchard Hotel at 9 Orchard St. on Manhattan's Lower East Side. The Austin, Texas, company, formerly McGuire Moorman Hospitality, was...
Commercial Real Estate Direct Staff Report Fenway Capital Advisors has paid $65 million, or $249.73/sf, for the 260,283-square-foot office property at 222 North Detroit Ave. in Tulsa, Okla. The Solana Beach, Calif., investor acquired the property from its...
Triangle Business Journal RMR Residential has bought Carrington at Perimeter Park, a 266-unit apartment complex in Morrisville, N.C., for $62 million, or $233,083/unit. The Boston company purchased the property from Bluerock Real Estate, a New York investor that had...
Commercial Real Estate Direct Staff Report The Peachtree Center office and retail complex in downtown Atlanta has been brought to the sales market through JLL Capital Markets. The 2.48 million-square-foot property, which can be acquired as a whole...
Commercial Real Estate Direct Staff Report Widewaters has paid $20.5 million for the 188,960-square-foot Target Financial Center and 12.64 acres of adjoining land in the Phoenix suburb of Tempe, Ariz. The Syracuse, N.Y., developer, which was represented by...
PGIM has provided $619 million of agency financing against a portfolio of 15 apartment properties with 4,237 units in the Southeastern United States owned by HHHunt Corp. The investment manager provided a $412.77 million loan through Freddie Mac...
Denver Business Journal An affiliate of Remedy Medical Properties has paid $41 million, or $264.24/sf, for Highlands Ranch I and II, a two-building medical office property totaling 155,164 square feet in Highlands Ranch, Colo. The Chicago company purchased...
Ram Realty Advisors has paid $52.75 million, or nearly $268/sf, for the 196,941-square-foot Shoppes at Jupiter retail center in Jupiter, Fla. The Palm Beach Gardens, Fla., company bought the 45-year-old property, at 201 North U.S. Highway 1, from...
Commercial Real Estate Direct Staff Report A venture led by Pacific Retail Capital Partners has purchased the 2.05 million-square-foot Lakewood Center shopping mall in the Los Angeles suburb of Lakewood, Calif. The venture—which includes Lyon Living, a Newport...
Jacksonville Daily Record Second Horizon Capital has bought the Orange Park Mall, a 950,000-square-foot retail property in Orange Park, Fla., for $65.5 million, or $68.95/sf. The Boca Raton, Fla., company purchased the mall from Washington Prime Group. Orange...
Vornado Realty Trust has agreed to pay $218 million, or $569.93/sf, for the 382,500 square feet of office space at 623 Fifth Ave. in midtown Manhattan. The New York REIT is buying the space, comprising the former Swiss...
Commercial Real Estate Direct Staff Report Goodman Real Estate Inc. has paid $49 million, or $362,962/unit, for the 135-unit Annex at Cadence apartment property in the Phoenix suburb of Mesa, Ariz. The Seattle investment manager purchased the property,...
Finance & Commerce An affiliate of Broadstone Net Lease Inc. has paid $53.8 million, or $89.70/sf, for the 599,778-square-foot industrial property at 701 Industrial Blvd. NE in Minneapolis. The Victor, N.Y., company acquired the building from an affiliate...
Commercial Real Estate Direct Staff Report The Westfield Wheaton shopping mall in the Washington, D.C., suburb of Wheaton, Md., is in the process of being sold. The buyer, which couldn't be identified immediately, will be assuming what was...
The Real Deal Carolwood's deal to buy EY Plaza, a 920,308-square-foot office building in Los Angeles for $130 million, or $141.26/sf, has fallen through. The property is owned by an affiliate of Brookfield Properties, but is in the...
Austin Business Journal Continental General Holdings has bought The Crossings at Lakeline, a two-building office complex in Austin, Texas. The property has served as the life insurance company's headquarters since 2012. ATX Office Owner 6 LP was the...
Commercial Property Executive A venture of Ellis Partners and Baupost Group has paid $207 million, or $450/sf, for Campus at Scott, a 460,000-square-foot office property in Santa Clara, Calif., about seven miles northwest of San Jose, Calif. Ellis,...
Aareal Capital has provided $75 million of bridge financing against the recently completed Society at Laurens apartment property, with 148 units in Charleston, S.C. The three-year loan, arranged by Walker & Dunlop, allowed developer Southern Land Co. of...
MidWestOne Bank has provided $39.12 million of financing to fund the construction of the 188-unit second phase of the Fox and the Grouse apartment property in the Minneapolis suburb of Eden Prairie, Minn. The three-year loan was arranged...
Highwoods Properties Inc. has purchased the 3,057-space Legacy Union Parking Garage next to its Bank of America Tower and SIX50 at Legacy Union office buildings within the Legacy Union complex in the Uptown area of Charlotte, N.C. The...
Commercial Observer David Werner Real Estate Investments has paid $100 million, or $226.76/sf, for the 441,000-square-foot office property at 440 Ninth Ave. in Manhattan. The New York investor bought the Art Deco property, previously known as the Harding...
RealOp Investments has partnered with Kennedy Wilson to pay $33.1 million for the 430,700-square-foot Inland Woods Logistics Center industrial property in Duncan, S.C., in the northwestern part of the state, midway between Greenville and Spartanburg. The property was...
Commercial Real Estate Direct Staff Report Centerspace is close to selling 12 apartment properties with a total of 1,511 units in Minnesota. The Minot, N.D., REIT expects the sale of its five St. Cloud, Minn., properties, which have...
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