The Seattle Social Housing Developer has paid $60.9 million, or $406,000/unit, for the 150-unit Elara at the Market apartment property. The city agency was formed three years ago to own and operate certain housing properties in Seattle. It...

Dallas Business Journal Shorenstein Properties has acquired The Tennyson, a 273,574-square-foot office campus in the Dallas suburb of Plano, Texas. The San Francisco firm purchased the two-building property from Spear Street Capital, also of San Francisco, in a...

Houston Business Journal A company calling itself 919 Milam LLC has bought the 542,010-square-foot office building at 919 Milam St. in downtown Houston. Milam Houston Real Estate Holding Inc. sold the 24-story property, which it had purchased from M-M...

Commercial Real Estate Direct Staff Report Clipper Realty Inc. expects to turn over the 12-story mixed-use building at 250 Livingston St. in Brooklyn, N.Y., to its lender. Last September, the New York REIT stopped making debt-service payments on...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Moody's Rating MStar DBRS Price % Yield % Final Pricing (bp) Bnch mrk A-1 3.86 30.00 2.37 AAA Aaa AAA J-spread A-3 370.64 30.00 4.83...

Washington Business Journal A venture led by Willard Retail has bought a pair of neighboring shopping centers totaling 584,577 square feet in Chantilly, Va., for $147 million, or $251.46/sf. The Bethesda, Md., investor teamed up with Bernstein Management...

Washington Business Journal Terreno Realty Corp. has paid $90 million for a portfolio of three industrial buildings totaling 355,000 square feet in Washington, D.C.'s Maryland and Virginia suburbs. The Bellevue, Wash., company purchased the portfolio from a venture...

The BHI unit of Bank Hapoalim has provided $200 million of financing against the unsold residential condominium unit inventory of the 145-unit Malabar Residences in Manhattan. The 29-story luxury condominium building, at 126 East 57th St., is nearing...

Dwight Capital has provided $66 million of financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 312-unit Lariat at Abilene apartment property in Abilene, Texas. The property is being developed...

A venture between BKM Capital Partners and Kayne Anderson Real Estate has paid $1.81 billion, or $214/sf, for a portfolio of 51 industrial properties with 8.45 million square feet. Link Logistics, the industrial investment arm of Blackstone, was...

Commercial Real Estate Direct Staff Report Green Light Housing has paid $35.45 million, or $221,562/unit, for the 160-unit Carriage House Apartments in Vancouver, Wash. The Portland, Ore., investment firm acquired the property, at 4714 Northeast 72nd Ave., from...

Commercial Real Estate Direct Staff Report An affiliate of Treeline Partners has acquired the 220-unit Monaco South apartment property in Denver. The purchase price could not be learned immediately. The property was appraised this year at a value...

Access Point Financial has provided $29.25 million of short-term financing against three hotels with 274 rooms owned by American Hotel Income Properties REIT. It's the second time that Access Point, of Atlanta, has provided financing against American Hotel...

Charlotte Business Journal Northwood Investors is offering for sale the Metropolitan, a 342,805-square-foot mixed-use complex in Charlotte, N.C. CBRE has the listing for the property, which was built in 2008 at 1055, 1111, 1100, and 1133 Metropolitan Ave....

Triangle Business Journal The Fallon Co. is offering for sale the 291,995-square-foot office building at 301 Hillsborough St. in downtown Raleigh, N.C. JLL has been tapped to market the 19-story property, which is part of the Raleigh Crossing...

Bass Pro Shops has agreed to buy the 254-room Cheeca Lodge & Spa fishing and sporting resort in the Florida Keys village of Islamorada, Fla. The Springfield, Mo., retailer, formally BPS Direct, operates 181 sporting good stores under...

A venture of Greenberg Gibbons and Wilder Co. has paid $33 million, or $201.25/sf, for the 163,975-square-foot Wakefield Commons retail property in Raleigh, N.C. The venture—Greenberg is a Baltimore investment manager and Wilder is a Boston developer—bought the...

A venture led by TPG Real Estate has acquired Echo Realty, which owns 232 grocery-anchored retail properties, in a deal valued at roughly $2 billion. TPG partnered on the acquisition with PSP Investments, La Caisse de depot et...

Alternative lender 3650 Capital has provided $42 million of mortgage financing against a portfolio of five self-storage properties with 3,891 units owned by an affiliate of Inland Real Estate Group. The four-year loan, which pays a fixed coupon,...

Madison Newbond has provided $115 million of mortgage financing against the recently completed La Bahia Hotel & Spa in Santa Cruz, Calif. The five-year loan was arranged by Sonnenblick-Eichner Co. of Los Angeles. The 155-room hotel was developed...

Washington Business Journal The People's Democratic Republic of Algeria has purchased the 211,452-square-foot office building at 1441 L St. NW in downtown Washington, D.C., for $41.5 million, or about $196.26/sf. The North African nation purchased the property from...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody's Price % Yield % Final Pricing (bp) Bnch mrk A-1 1.26 30.00 2.37 AAA AAA Aaa 99.99995 4.80601 +70.9 J-spread A-2 72.00...

Commercial Real Estate Direct Staff Report PCCP has provided $67 million of financing against the 280-unit Kalaco apartment property in Denver. JLL Capital Markets arranged the three-year mortgage on behalf of the property's owner and developer, a venture...

Commercial Real Estate Direct Staff Report Manchester Financial Group, which owns the 1,048-room Fairmont Austin hotel in Austin, Texas, tapped a reserve fund to pay some of the property's taxes. It evidently did that without consent of its...

Boston Business Journal Mount Vernon Co. has paid $44 million, or $220,000/room, for the 200-room North Conway Grand Hotel in North Conway, N.H. The seller was not immediately identified. The property was built in 1989 at 72 Common...