MCA Realty Inc. funded its $30.7 million purchase of the 106,311-square-foot industrial building at 2270 Camino Vida Roble in Carlsbad, Calif., with a $21.2 million mortgage that was arranged by Northmarq. The Santa Ana, Calif., investment firm purchased...

The Independence Mall in Wilmington, N.C., has been purchased by 4th Dimension Properties, according to WECT News. The Hollywood, Fla., mall owner, founded in 2019 by by Felix Reznick, a long-time real estate attorney, bought the 46-year-old property,...

Carlyle Group has completed capital-raising, reaching $9 billion of commitments, for its latest real estate opportunity fund, Carlyle Realty Partners X. The fund, which had an $8 billion target and $10 billion hard cap, is a follow-up to...

The Real Deal Vornado Realty Trust has placed the 543,000-square-foot office building at 150 East 58th St. in midtown Manhattan on the sales block and is aiming for a price of $250 million, or just more than $460/sf....

Commercial Real Estate Direct Staff Report An affiliate of Covenant Capital Group has paid $109.5 million, or $276,515/unit, for the 396-unit Country Brook Apartments in the Phoenix suburb of Chandler, Ariz. The Nashville, Tenn., investment manager acquired the...

The Real Deal ECA Capital Ltd. has sold the 28,000-square-foot retail property at 338 North Rodeo Drive in Beverly Hills, Calif., for $400 million, or $14,285/sf. The buyer of the property has not been identified yet. ECA Capital,...

Commercial Real Estate Direct Staff Report Langdon Park Capital has paid $21 million, or $250,000/unit, for the 84-unit Pacific Trails apartment property in the Los Angeles suburb of Covina, Calif. The Los Angeles investment manager bought the property,...

Triad Business Journal Olive Point Capital has bought the DRT3 Amazon warehouse property in Raleigh, N.C., for $44 million, or $339.77/sf. The Los Angeles company purchased the 129,500-square-foot industrial building from its developer, Merus of Cincinnati, formerly known...

Commercial Real Estate Direct Staff Report Keystone Property Group has sold the 137,021-square-foot 1200 Corporate Place office building in Boca Raton, Fla., for $31.4 million, or $233.03/sf. The Philadelphia-area investment manager had purchased the four-story building in 2011,...

Commercial Real Estate Direct Staff Report S2 Capital, a Dallas investment manager that has focused on the value-add multifamily sector since its founding in 2012, is making a big bet on the industrial sector. The company is buying...

Bank OZK has provided $58 million of senior financing while PGIM Real Estate has provided $24 million of mezzanine debt to fund the development of the 464-unit Resia North City apartment property in Fort Worth, Texas. The financing...

Puget Sound Business Journal Kennedy Wilson has paid $80.4 million, or $322,891/unit, for the 249-unit Pratt Park Apartments in Seattle. The Beverly Hills, Calif., investment manager purchased the property from Security Properties and Rockwood Capital, which bought it...

South Florida Business Journal Olympus Property has bought Fifteen Miami, a 132-unit apartment complex in Miami for $45.9 million, or $347,727/unit. The Fort Worth, Texas, company purchased the nine-story property from an affiliate of Premium Development of Australia....

South Florida Business Journal An affiliate of Martinez Distributors has bought the recently completed 171,178-square-foot warehouse property at 11000 West 36th Ave. in Hialeah, Fla., for $52.89 million, or $308.98/sf. The locally based food distribution company purchased the industrial building,...

Greystone has provided $166.25 million of Freddie Mac financing against the 388-unit Core at Station Yards apartment property in the Long Island, N.Y., hamlet of Ronkonkoma. The 10-year loan allowed the property's developer, a venture of Tritec Real...

South Florida Business Journal DRA Advisors has paid $73.53 million, or $279,582/unit, for Modera Skylar, a 263-unit apartment property in Miami. The New York investment manager purchased the complex from a venture of Mill Creek Residential of Boca...

Connect CRE Clark Ventures has bought Park at the Hill, a 296-unit apartment complex in Atlanta for $69.5 million, or $234,797/unit. The Atlanta multifamily investor purchased the 11-building property from a fund affiliated with Broadtree Real Estate, a New...

A venture of AEW Capital Management, Mack Real Estate Group, and Soundwater Properties has paid $31.44 million, or nearly $243.50/sf, for the 129,150-square-foot Disston Plaza retail property in St. Petersburg, Fla. The venture bought the property, anchored by...

Commercial Real Estate Direct Staff Report Harbor Group International LLC has struck a deal to buy five apartment properties with 2,719 units in New England from Apartment Investment and Management Co. for $740 million. The Norfolk, Va., investment...

Meta Housing Corp. has sold the 141-unit Burbank Senior Artists' Colony age-restricted apartment complex in Burbank, Calif., for $31.5 million, or $223,404/unit. The Los Angeles company sold the property, at 240 East Verdugo Ave., to a Los Angeles...

Commercial Real Estate Direct Staff Report Litwin Management has paid $46.35 million, or $789.25/sf, for Paradise Esplanade, a 58,727-square-foot shopping center in Las Vegas. The Los Angeles company purchased the property, at 4480 Paradise Road, from a Los...

Commercial Real Estate Direct Staff Report Professionals in the commercial real estate finance industry have become optimistic again, following the deep funk they were in at the start of April, as the Trump Administration announced its imposition of tariffs...

Sentinel Real Estate Corp. has paid $148.4 million, or $452,439/unit, for the 328-unit Venue at Orange apartment property in the Southern California city of Redlands, Calif. The New York investment management firm purchased the property, at 1610 Orange...

Commercial Real Estate Direct Staff Report Copper Property CTL Pass Through Trust, which was formed in 2020 by retailer JCPenney's secured lenders as a result of its bankruptcy, has struck a deal to sell 119 store locations for...

Crain's Chicago Business ArentFox Schiff is reducing the amount of office space it leases at Chicago's Willis Tower to 75,000 square feet from 168,507 sf. As part of its new deal, the law firm will extend its lease...