JPMorgan Chase Bank has provided a $180 million loan against the Club Row Building, a 372,000-square-foot office property at 28 West 44th St. in midtown Manhattan. The 10-year loan, which will be securitized, pays a coupon in the...

Commercial Real Estate Direct Staff Report The 1.7 million-square-foot Citadel Center office building in downtown Chicago has been appraised at a value of $400 million, according to a report on TreppWire. That's down from an appraised value of...

Allianz Real Estate of America has provided $95.5 million of senior financing against Village Pointe Shopping Center, a 447,279-square-foot retail property in Omaha, Neb. The 11-year-old property is an open-air lifestyle center owned by a venture of Red...

Walker & Dunlop Inc. has added two people to its Federal Housing Administration lending group in Denver. The Bethesda, Md., company has hired Ralph Lowen, who previously served as principal of the FHA loan organizations team at Prudential...

A venture of MRP Realty and Rockpoint Group Inc. has received offers of close to $300 million for Bethesda Crossing, a 714,258-square-foot office property in the Washington, D.C., suburb of Bethesda, Md. It placed the three-building property, at...

Decron Properties Corp., the investment and property management arm of the Nagel Family Trust of Los Angeles, has paid $86 million, or about $460,000/unit, for the 187-unit Highland Gardens apartment complex in Mountain View, Calif. It bought the...

President Barack Obama on Monday signed into law a measure that extends the government's terrorism insurance backstop program through the end of 2020. The program had expired at the end of last year. It has been credited with...

Commercial Real Estate Direct Staff Report The $55.2 million CMBS loan against the Wharf at Rivertown office building in suburban Philadelphia has been modified. According to a research brief from Barclays Capital late yesterday, the loan, which was...

Commercial Real Estate Direct Staff Report Vornado Realty Trust announced last week that it has struck a deal modifying the $120 million mortgage against the Montehiedra Town Center, a 541,318-square-foot retail center in San Juan, Puerto Rico. The...

  TIAA-CREF has paid $24.5 million, or roughly $573/sf, for 1608 Chestnut St., a 42,749-square-foot retail property in Philadelphia. The New York investment manager acquired the property from Acorn Development Corp. of Oaks, Pa., in a deal arranged...

Commercial Real Estate Direct Staff Report Pickwick Plaza, a four-building office complex with 240,149 square feet in Greenwich, Conn., has been appraised at a value of $171.8 million. That compares with a value of $267 million in December...

Ashford Hospitality Trust Inc. has agreed to pay $33.5 million, or $199,400/room, for the 168-room Lakeway Resort & Spa in Austin, Texas. The Dallas REIT is buying the 48-year-old property from a venture of Carlyle Group and Dow...

GoldOller Real Estate Investments has paid $52.5 million, or $62,280/unit, for the Trails at Dominion Park, an 843-unit apartment complex in Houston. The Philadelphia investment manager bought the 20-year-old property, at 200 Dominion Park Drive, from the family...

Commercial Real Estate Direct Staff Report Commercial property prices increased by 70 basis points in November to 240 bps above their pre-recession peak hit in November 2007, according to the Moody's/RCA Commercial Property Price Indices, or CPPI. The...

American Realty Capital-Retail Centers of America Inc. has paid $37.3 million, or roughly $144/sf, for Colonial Landing, a 259,024-square-foot retail property in Orlando, Fla. The New York REIT, whose shares do not trade on any exchange, acquired the...

Prudential Insurance Co. of America has provided a $160 million loan against 215 East 68th St., a 608-unit apartment property in Manhattan's Upper East Side. The 15-year-mortgage replaces a $95 million Fannie Mae loan that was written by...

Sequoia Equities Inc. has paid $53 million, or roughly $286,486/unit, for the 185-unit Harrison Tower apartment property in Portland, Ore. The Walnut Creek, Calif., investment manager purchased the 24-story property, at 222 SW Harrison St., from Alecta, a...

Columbia Property Trust Inc. has paid $588 million for three office properties with 860,113 square feet in suburban Washington, D.C., Manhattan, and Boston, in separate transactions. The Atlanta REIT paid $436 million, or about $744/sf, for 315 Park...

A venture of New York investment manager Investcorp and TruAmerica Multifamily of Los Angeles, has paid a venture of AEW Capital Management and Red Hill Realty Investors $86.2 million, or about $189,035/unit, for the 456-unit Waterleaf Apartments in...

Commercial Real Estate Direct Staff Report Real Capital Analytics has named Jim Costello as a senior vice president. Costello is joining the New York commercial property research firm from CBRE, where he was managing director of investment research...

Commercial Real Estate Direct Staff Report The United States Senate today approved extending the government's terrorism insurance backstop program through 2020. The program has been vital to commercial real estate because it's helped ensure there is market for...

A venture of the Olayan Group and Morgan Properties has paid $77.25 million, or roughly $97,661/unit, for the Preserve at Owings Crossing, a 791-unit apartment property in the Baltimore suburb of Reisterstown, Md. It acquired the 68-building property,...

Hudson Pacific Properties Inc. has agreed to sell a 45 percent stake in 1455 Market St., a 1 million-square-foot office building in San Francisco. Canada Pension Plan Investment Board is paying $219.2 million for the stake. Hudson, a...

DLC Management Corp. has paid $48.3 million, or roughly $93/sf, for the Shoppes at South Hills, a 516,759-square-foot retail property in Poughkeepsie, N.Y. The New York company acquired the 41-year-old property, at 1895 South Road, from Vornado Realty...

Investment manager KKR & Co. plans to launch a real estate debt-investment unit that will be run by a team it's hiring from Rialto Capital Management, according to the Wall Street Journal. The debt-investment unit is expected to...