Triangle Business Journal Macerich Co. has bought the 1.35 million-square-foot Crabtree Valley Mall in Raleigh, N.C., for $290 million, or $214.81/sf. The Santa Monica, Calif., REIT purchased the retail property from CVM Holdings LLC in a deal brokered...

South Florida Business Journal A venture of Winterpast Capital Partners and Vitality Senior Living has bought the Oasis at Coral Reef, a 127-unit continuing-care facility in Miami for $41.23 million, or $324,646/unit. The Brentwood, Tenn., venture purchased the property...

Orlando Business Journal A Goldman Sachs affiliate has paid $97.25 million, or $98.17/sf, for the 990,670-square-foot industrial building at 19800 South Obrien Road in Groveland, Fla. The Dallas-based affiliate of the New York investment giant purchased the property...

Commercial Real Estate Direct Staff Report Continued struggles at the three Washington, D.C., office buildings with 328,319 square feet that back what now is a $103.02 million senior loan against them has led to the loan's transfer to...

Rialto Capital Management has provided $31.5 million of financing against four apartment properties with a total of 84 units on Manhattan's Lower East Side. The four buildings, which include seven fully leased retail spaces, are owned by Gaia...

Commercial Observer Walker & Dunlop has originated $106.3 million of Fannie Mae financing against the 334-unit Agora apartment property in Washington, D.C. The seven-year-old property, owned by WC Smith of Washington, is part of the 1,138-unit Collective apartment complex,...

Commercial Real Estate Direct Staff Report A venture of Kobalt Investment Co. and the Retail Connection has paid $34.34 million, or $124.75/sf, for the 275,348-square-foot Sherman Commons retail property in Sherman, Texas, some 70 miles north of Dallas,...

Affinius Capital has made a $54.7 million preferred equity investment in the proposed Hillcrest Apartments in the Los Angeles suburb of Thousand Oaks, Calif. The 333-unit project is being developed by Latigo Group of Los Angeles on an...

South Florida Business Journal Griffis Residential has bought the Anya, a 223-unit apartment building in West Palm Beach, Fla., for $87 million, or $390,135/unit. The Greenwood Village, Colo., company purchased the 15-story property from a venture of Northwestern...

NewPoint Real Estate Capital has provided $39.9 million of Freddie Mac financing against the 143-unit Alterra Apartment Homes in San Jose, Calif. The seven-year loan requires only interest payments for the first four years, then amortizes on a...

Terreno Realty Corp. has paid $16 million, or $444.44/sf, for the 36,000-square-foot industrial property at 11-40 Borden Ave. in the Long Island City section of Queens, N.Y. The Bellevue, Wash., REIT bought the property, next to the entrance...

Commercial Real Estate Direct Staff Report Pacific Urban Investors has paid $76.7 million, or $252,302/unit, for the 304-unit Meadow Creek apartments in the Portland, Ore., suburb of Tigard, Ore. The Palo Alto, Calif., investment manager purchased the property,...

Bank OZK has provided a $142.5 million senior loan, while Canyon Partners Real Estate provided $68 million of mezzanine financing to facilitate Oak Row Equities' construction of the 324-unit 2900 Terrace apartment building in the Edgewater neighborhood of...

M&T Bank has provided $92 million of mortgage financing against the 393,911-square-foot Fordham Park Robotic and Logistics Campus in the Boston suburb of Wilmington, Mass. The three-building industrial and research and development property is owned by Carlisle Capital...

Commercial Real Estate Direct Staff Report The amount of office space available for sublease in Chicago's central business district ticked up slightly during the latest quarter through last week, ending a five-quarter string of declines. During the latest...

Commercial Real Estate Direct Staff Report D2 Residential, the multifamily financing arm of D2 Asset Management, has formed a venture with Natixis Corporate and Investment Banking that will originate, fund, and securitize fixed-rate mortgages against apartment properties across...

Commercial Real Estate Direct Staff Report Centerspace has paid $149 million, or $618,257/unit, for the 241-unit Sugarmont apartments in Salt Lake City. The Minot, N.D., REIT bought the property, at 2191 South McClelland St., from Cottonwood Communities Inc.,...

  Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody's Price % Yield % Final Pricing (bp) Bnch mrk A-1 0.58 30.00 2.32 AAA AAA Aaa 99.99980 4.8051 +88 J-spread A-2 100.00...

Commercial Real Estate Direct Staff Report T. Rowe Price Associates Inc.'s termination of its lease at its long-time headquarters building at 100 East Pratt St. in downtown Baltimore has placed its $103.06 million CMBS loan in jeopardy. The...

ConnectCRE Greystar has paid $112.5 million, or $381,355/unit, for the 295-unit Strata apartment property at 500 Broadway in the northern Boston suburb of Malden, Mass. The Charleston, S.C., investment manager bought the property, which it has rebranded Avana...

Washington Business Journal Edens has paid $52 million, or $208/sf, for the 250,000-square-foot Fairfax Court retail property at 11200 James Swart Circle in the Washington, D.C., suburb of Fairfax, Va. The Columbia, S.C., company purchased the 31-year-old property...

Commercial Real Estate Direct Staff Report Waterton has purchased the 386-unit Brackett apartment property Edmonds, Wash., a neighborhood 15 miles north of Seattle. The Chicago investment manager bought the property, at 9501 244th St. SW, from a venture...

MIG Real Estate has sold the 163,311-square-foot Scottsdale Centre medical-office building in Scottsdale, Ariz., for $44.58 million, or $272.98/sf. The Newport Beach, Calif., investor, which acquired it in 2011, when it was 46% occupied, for $21 million, sold it...

Commercial Real Estate Direct Staff Report Less than a year after having had its maturity extended by 19 months through October, the CMBS loan against the 740,387-square-foot office building at 1440 Broadway in midtown Manhattan is once again...

Commercial Observer Urban Standard Capital has provided $60 million of financing for the construction of a 300-unit apartment property at 936 Silver Lane in East Hartford, Conn. The property is being developed by a venture of Jasko Development...