Ardent Cos. has launched capital raising for its latest debt-focused real estate fund. The Atlanta investment manager, which earlier this year launched a $150 million fund targeting self-storage properties, is aiming to raise $600 million for Ardent Financial...

Commercial Real Estate Direct Staff Report Regency Centers Corp. has paid $357 million for a portfolio of five retail centers totaling 682,300 square feet in the Southern California community of Ladera Ranch, midway between Los Angeles and San...

Commercial Real Estate Direct Staff Report Storage Post has paid $30 million, or $403.22/sf, for the 74,400-square-foot self-storage property at 491 Bergen St. in the Prospect Heights section of Brooklyn, N.Y. The property is one of three that...

Commercial Real Estate Direct Staff Report Banyan Street Capital, which previously had purchased the $122.5 million defaulted loan against the 914,774-square-foot Atlanta Financial Center complex, has taken over the property and lined up a $42 million loan to...

Commercial Real Estate Direct Staff Report The $175 million of CMBS debt against Beverly Connection, a 346,023-square-foot retail center in Los Angeles, has been extended through next July. The loan, which had matured last August, is scattered among...

Bridge Logistics Properties has paid $83.5 million, or $250.91/sf, for a portfolio of three industrial properties totaling 332,793 square feet in Fontana, Calif. The New York investment manager acquired the properties from an unnamed seller. The portfolio consists...

Commercial Real Estate Direct Staff Report An affiliate of Pillar Communities has paid $76 million, or $395,833/unit, for Huxley Scottsdale, a 192-unit apartment property in Scottsdale, Ariz. The Phoenix company purchased the property, at 8555 East Raintree Drive,...

Regent Properties has paid $33.5 million, or $507,575/unit, for the 66-unit TENTEN Glendale apartment property in the Los Angeles suburb of Glendale, Calif. The Los Angeles investment manager purchased the property from its developer, Amidi Group of Redwood...

New York Business Journal Storage Post has paid $60 million, or $600/sf, for the 100,000-square-foot self-storage facility at 473 Amsterdam Ave. on Manhattan's Upper West Side. The Atlanta company acquired the property from Sofia Brothers, which had owned...

Washington Business Journal A venture of Kisco Senior Living and Welltower Inc. has paid $44 million, or $301,369/unit, for the 146-unit Seneca senior-living property in the Washington, D.C., suburb of Rockville, Md. The venture bought the four-year-old property,...

Commercial Real Estate Direct Staff Report Unibail-Rodamco-Westfield has lined up a fresh $925 million mortgage to refinance its Westfield Century City Mall in Los Angeles. The Dusseldorf, Germany, mall owner lined up the five-year, fixed-rate loan from Bank...

Commercial Observer Rockwood Capital is looking to sell the 667,000-square-foot 2 Grand Central Tower office property in midtown Manhattan. The San Francisco investment manager has hired Eastdil Secured to find a buyer. The property should sell for more...

The following story has been corrected as the existing loan is in the process of being taken out. Commercial Real Estate Direct Staff Report The $86.92 million CMBS loan against the 422,452-square-foot Hutchinson Metro Center I office property...

Turnbridge Equities has paid $20 million, or $194.17/sf, for the 103,000-square-foot industrial-outdoor storage property at 20-25 130th St. in the College Point section of Queens, N.Y. The New York investment manager bought the property from trucking company Zano...

Commercial Real Estate Direct Staff Report SL Green Realty Corp. has sold a 50% stake in the $234.5 million preferred-equity investment it holds in 625 Madison Ave., a 563,000-square-foot office building in Manhattan. The New York REIT sold...

Commercial Real Estate Direct Staff Report Nuveen Real Estate has paid $306 million for a portfolio of five retail properties with 746,464 square feet in Southern California. The New York investment manager acquired the properties from InvenTrust Properties...

PGIM Real Estate has provided $132 million of mortgage financing against the 342-unit Viridian apartment property at 1282 Boylston St. in the Fenway section of Boston. The property was developed and is owned by Abbey Group of Boston,...

Commercial Property Executive JLL Capital Markets has secured $70.3 million of financing against Park84, a seven-building industrial property totaling 605,570 square feet in Nampa, Idaho. The loan allows the owner of the property, Bow River Capital of Denver,...

Mapletree Investments has agreed to sell a portfolio of 10 warehouse properties with 2.4 million square feet to EQT Real Estate for $241.2 million. Mapletree, a Singapore investment manager with nearly $63 billion of assets under management—25% of...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Moody's Rating Kroll Price % Yield % Final Pricing (bp) Bnch mrk A-1 9.90 30.00 2.80 AAA Aaa AAA J-spread A-SB 12.14 30.00 7.22 AAA...

Nuveen Real Estate has paid $84.99 million, or $589.63/sf, for the 144,142-square-foot Campus Marketplace retail property in San Marcos, Calif., roughly 35 miles north of San Diego. The New York investment manager purchased the property, at 300 to...

Commercial Real Estate Direct Staff Report Waterton has paid $124 million, or $321,243/unit, for the 386-unit Brackett apartment property in the Seattle suburb of Edmonds, Wash. The Chicago investment manager acquired the property, at 9501 244th St. SW,...

Commercial Observer Apollo Global Management has provided a $62.5 million loan against the 150-unit Carlo Wind Watch apartment property in the Long Island village of Hauppauge, N.Y. The property, which opened last December, is owned by Southern Land...

SL Green Realty Corp. has raised another $500 million of investor commitments for its opportunistic lending fund, bringing the total raised to $1 billion. The investment vehicle, SLG Opportunistic Debt Fund, was launched early last year to take advantage...

Tampa Bay Business Journal SoHo Capital has lined up $110 million of financing against The Pearl, a 314-unit apartment complex in Tampa, Fla. Goldman Sachs provided the financing to the locally based developer, which completed its construction in...