Denver Business Journal Koelbel & Co. has paid $48.25 million, or $416.53/sf, for Camelback Collective, a two-building office property with 115,838 square feet in Phoenix. The Denver real estate firm purchased the property, at 2801 East Camelback Road,...

Benefit Street Partners has provided $66 million of mortgage financing against the 301-unit Kinship at Camp North End apartment property just north of the Uptown area of Charlotte, N.C. The three-year loan was arranged by WelcomeLend, a mortgage...

Commercial Observer JPMorgan Chase Bank has provided a $47 million loan against 62,707 square feet of office and retail space at 415 West 13th St., an eight-story former warehouse in Manhattan's Meatpacking District. The fully leased space, within...

Denver Business Journal Hillside New Media Holdings US Inc. has paid $135 million, or $542.64/sf, for the 248,783-square-foot office building at 1701 Platte St. in Denver. The London online sports betting company, which is affiliated with Bet365, acquired...

Bellco Credit Union has committed to provide up to $38.5 million of mortgage financing against the 479-unit Warren Manor Apartments in the Detroit suburb of Warren, Mich. The loan, arranged by Eastern Union, allowed the property's owner, a...

Interstate Equities Corp. has paid $43 million, or $173,387/unit, for two neighboring apartment properties with a combined 248 units in Tacoma, Wash. The Los Altos, Calif., investment firm bought the 80-unit Sienna, at 10600 to 10724 16th Ave....

Commercial Real Estate Direct Staff Report The country's commercial mortgage lenders increased their inventory of loans by $46.8 billion—or 1%—during the first quarter, according to the Mortgage Bankers Association. That increased their total inventory to $4.81 trillion. The...

Terreno Realty Corp. has paid $31.1 million, or $658.90/sf, for the 47,200-square-foot industrial property at 49-10 27th St. in the Long Island City section of Queens, N.Y. The Bellevue, Wash., REIT bought the property, on a 2.2-acre site,...

Commercial Real Estate Direct Staff Report Lower Treasury yields during the first quarter contributed to the 2.73% total return in the LifeComps Total Return Index compiled by Trepp Inc. The 10-year Treasury, against which most long-term mortgages are...

Commercial Real Estate Direct Staff Report Midloch Investment Partners has paid $19.2 million, or $162,712/unit, for the 118-unit Malt House apartment property in Milwaukee. The Chicago investment manager purchased the property through a venture with Hempel Real Estate...

Commercial Real Estate Direct Staff Report CIBC Bank USA has provided $65.5 million of financing for the construction of 3850 Blake, a 310-unit apartment property in Denver's River North Art District. JLL Capital Markets arranged the loan on...

Commercial Real Estate Direct Staff Report Bell Partners has paid $133 million, or $332,500/unit, for the 400-unit Montane Apartments in Parker, Colo., a southern suburb of Denver. The Greensboro, N.C., investment manager acquired the property, at 18301 Cottonwood...

Commercial Real Estate Direct Staff Report Leasing activity among Manhattan's office properties during the second quarter declined by more than a quarter, to 8.8 million square feet from 12.3 million sf in the first quarter, according to Savills....

Commercial Observer Blackstone Real Estate Debt Strategies has provided $515 million of financing for the construction of the 966-unit first phase of the 1,723-unit Journal apartment property at 1 Journal Square in Jersey City, N.J., which is being...

Commercial Real Estate Direct Staff Report Namdar Realty Group has acquired the 125,969-square-foot Bowie Corporate Center in Bowie, Md., which is midway between Washington, D.C., and Annapolis, Md. The Great Neck, N.Y., investor, which partnered with Mason Asset...

Barings has provided $136.4 million of mortgage financing against a pair of recently completed industrial properties with more than 1.78 million square feet in the Atlanta and Houston areas. The Charlotte, N.C., investment manager lent $96.6 million against...

Commercial Observer Deutsche Bank and UBS have provided $160 million of mortgage financing against the 1.57 million-square-foot Rentar Plaza mixed-use property in the Middle Village section of Queens, N.Y. The property, at 66-26 Metropolitan Ave., is owned by...

Crain's Chicago Business Kohan Retail Investment Group has closed on its $45 million, or $34.35/sf, purchase of the 1.31 million-square-foot office building at 311 South Wacker Drive in Chicago. The New York investor purchased it from a group of...

Commercial Real Estate Direct Staff Report An affiliate of Citymark Capital has acquired Roystone, a 93-unit apartment property in Seattle. The purchase price could not be learned immediately. But the property, at 5 West Roy St., came to...

Commercial Real Estate Direct Staff Report Foothills Bank has provided $37.09 million of financing to facilitate Baseline Partners' $44.58 million purchase of the 163,311-square-foot Scottsdale Centre medical-office building in Scottsdale, Ariz. Baseline, of Mesa, Ariz., purchased the property from...

Commercial Real Estate Direct Staff Report Owners of rent-stabilized apartment properties in New York City were allowed to increase rents by 3% at units whose tenants sign one-year leases and 4.5% for those signing two-year leases. Rent increases...

JLL Capital Markets has arranged $36.7 million of short-term financing against Park 36, a three-building industrial property with 275,090 square feet in the Denver suburb of Broomfield, Colo. The lender could not be identified immediately. Park 36, at...

Dallas Business Journal Consolidated Investment Group has paid $52 million, or $220,339/unit, for International at Valley Ranch, a 236-unit apartment complex in the Dallas suburb of Irving, Texas. The Centennial, Colo., investor purchased the four-story property from its...

Commercial Real Estate Direct Staff Report Tishman Speyer has lined up $385 million of financing against the 770,030-square-foot 300 Park Ave. office building in midtown Manhattan. The financing package includes a $330 million senior loan provided by JPMorgan...

Crain's Chicago Business Heartland Realty Investors has paid $45.5 million, or $406,250/unit, for Valley Lo Towers, a 112-unit apartment complex in Glenview, Ill., a northern suburb of Chicago. The Minneapolis company acquired the property from Marquette Cos. of...