Commercial Observer CIM Group has paid $55.7 million for a portfolio of six mixed-use buildings with 40 apartment units and 36,000 square feet of retail space in the Williamsburg section of Brooklyn, N.Y. The Los Angeles investment manager...

Crain's Chicago Business Golub & Co. is offering for sale Century Tower, a 293-unit apartment property in Chicago. The local developer hired CBRE to market the property, which it acquired in 2018—when it was a condominium—for $60 million....

Calmwater Capital has provided $22.8 million of financing against the 25,429-square-foot Kimball on Main retail property at 675 Main St. in the historic Old Town section of Park City, Utah. The short-term loan allowed the property's owner, Stanton...

Crain's Chicago Business Jeffrey Malk and Jimmy Oppenheimer have paid $43 million, or $174,089/unit, for the 247-unit apartment building at 1100 North Dearborn St. in Chicago. The local investors acquired the property from Berger Realty Group of Chicago,...

Houston Business Journal A venture of Meneses Holdings and Dominus Commercial has bought the three-building Brookhollow Central office complex in Houston for $58.4 million, or $72.41/sf. Meneses, of Houston, and Dominus, of Irving, Texas, purchased the 806,541-square-foot property from...

Kawa Capital Management Inc., a Hallandale Beach, Fla., investment manager that pursues a number of strategies, including real estate equity and lending, has offered to buy Orion Properties Inc. for $2.75/share, or $153.87 million. Kawa had offered to...

CBRE Investment Management has paid $103.05 million, or $288.57/sf, for Sight Logistics Park, a two-building industrial property with 357,103 square feet in Tempe, Ariz. The investment manager bought the property, at 6840 and 6860 South Harl Ave., from...

Bloomberg The venture of Hackman Capital Partners and Affinius Capital that owns the Silvercup Studios film and television production property scattered in the Bronx, N.Y., and Queens, N.Y., has refinanced the property's indebtedness. It has lined up a...

Commercial Real Estate Direct Staff Report Walker & Dunlop has provided a $91.45 million Freddie Mac loan against the 560-unit Blue Rock Village apartment property in the northern California city of Vallejo. The fixed-rate loan requires only interest...

Sigma Computing Inc. has leased 64,077 square feet at the One Madison Ave. office property in Manhattan's Midtown South area. The 1.4 million-sf building is owned by a venture of SL Green Realty Corp., Hines, and the National...

Commercial Real Estate Direct Staff Report SL Green Realty Corp. generated $196.6 million of net proceeds from its investment in the defaulted $224 million mortgage against the 536,520-square-foot office building at 522 Fifth Ave. in midtown Manhattan. The...

Commercial Real Estate Direct Staff Report Having suffered a sharp decline in occupancy, the 195,375 square feet of space within the 1.2 million-sf office building at 1166 Ave. of the Americas in midtown Manhattan that backs $130 million...

Commercial Real Estate Direct Staff Report A venture of Decker Capital and Viking Partners has purchased four small-bay light-industrial properties with 408,611 square feet in Florida's Volusia and Indian River counties for $50.3 million. The venture—Decker is a...

South Florida Business Journal CIP Real Estate has paid $47 million, or $302.30/sf, for a pair of warehouses totaling 155,475 square feet in the Miami area. The Irvine, Calif., company purchased the industrial properties from TA Realty of...

Triangle Business Journal Centennial Holding Co. has bought the 312-unit Element at the Grove apartment complex in the Raleigh, N.C., suburb of Knightdale, N.C., for $57.5 million, or $184,295/unit. The Atlanta company purchased the three-story property from Red...

Commercial Real Estate Direct Staff Report Citi Real Estate Funding, Bank of Montreal, and Societe Generale Financial Corp. have provided $450 million of mortgage financing against the 1.15 million-square-foot Penn 11 office building at 11 Pennsylvania Plaza in...

Laurel Property Group has paid $28.75 million, or $208,333/unit, for the 138-unit Amara Apartments in Portland, Ore. The Beverly Hills, Calif., company acquired the property, at 15 NW Park Ave., from Quarterra of Charlotte, N.C. The deal was...

Commercial Real Estate Direct Staff Report Maddd Equities has paid $44 million, or $229.52/sf, for the 191,701-square-foot Bronx General Post Office building at 558 Grand Concourse in the Bronx, N.Y. The Floral Park, N.Y., investor bought the historic...

W.P. Carey Inc. has paid $128 million, or $422.65/sf, for the 302,850-square-foot industrial property at 15015 Valley View Ave. in Santa Fe Springs, Calif. The New York REIT, which focuses on net-leased properties, purchased it from Brookfield Property...

Commercial Real Estate Direct Staff Report Jonathan Rose Cos. has paid $83 million, or $345,833/unit, for the 240-unit Coventry Court age-restricted apartment property in the Los Angeles suburb of Tustin, Calif. The New York investment manager purchased the...

Tampa Bay Business Journal Robbins Property Associates has lined up $107 million of Freddie Mac financing against a portfolio of three Central Florida apartment properties with a total of 944 units. The financing, arranged by Berkadia, has a...

South Florida Business Journal Hersh Equity Group has bought a 230,000-square-foot industrial property in West Park, Fla., for $47.25 million, or $205.43/sf. The Boynton Beach, Fla., company purchased the six-building complex, at 5801-5897 SW 21st St., 5901-5981 SW...

PNC Bank has provided $84 million of financing for the construction of the 334-unit Faywell apartment property in the Chicago suburb of Wheaton, Ill. JLL Capital Markets arranged the loan on behalf of the property's developer, Banner Real...

Commercial Real Estate Direct Staff Report Gabriel Hamani, the former chief executive of Bank Hapoalim and former partner of Northwind Group, has paid $38.74 million, or $372,500/unit, for the 104-unit apartment property at 803 South Ave. in Plainfield,...

Dwight Capital has provided $61.9 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program against a pair of apartment properties with 434 units in Iowa and Minnesota. The properties are the 316-unit Springs...