Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingKroll  RatingDBRS Pricing % Yield% Final Pricing (bp) Bnch mark A-1 46.19  30.00 2.83 Aaa  AAA  AAA AAA 99.999 1.425 +36  swaps A-2 71.00  30.00 4.90  Aaa  AAA ...

Pebblebrook Hotel Trust has paid $78.7 million, or $298,100/room, for the 264-room Hotel Palomar Los Angeles in the city's Westwood area. The Bethesda, Md., REIT bought the full-service hotel from an investment fund managed by Behringer Harvard of...

Commercial Real Estate Direct Staff Report Charlie Ittner, a former director at investment manager Platinum Equity, has joined BKM Capital Partners as director of investor relations. BKM, an Irvine, Calif., industrial property specialist, is marketing its first investment...

Harrison Street Real Estate Capital is selling 26 self-storage facilities for $223 million to CubeSmart, a Malvern, Pa., REIT. The Chicago investment manager has completed the deal's first tranche by selling 22 of the facilities with 1.7 million...

Shire PLC, which occupies some 400,000 square feet in Wayne, Pa., is planning to move to Lexington, Mass., according to a report in the Philadelphia Business Journal. The pharmaceutical company plans to vacate its space as leases mature....

Class Amt $mln Avg Life (yrs) Pricing % Coupon% Final Pricing (bp) Bnch mark ASQ1 64.36  2.11  100.000 0.848 +5  Euribor ASQ2 364.71 2.71 101.000 1.637 +20  swaps X1 429.07* 2.62   4.055   Treas A1 87.35 5.85...

Kennedy Wilson has paid $46.75 million, or nearly $167,000/unit, for the Bella Sonoma, a 280-unit apartment property in Fife, Wash., which is just outside of Tacoma, Wash. The Beverly Hills, Calif., investment manager financed its purchase with a...

Commercial Real Estate Direct Staff Report A venture led by KBS Strategic Opportunity REIT II Inc. has agreed to pay $40 million for the Springmaid Beach Resort in Myrtle Beach, S.C. The REIT, whose shares do not trade...

Class Amt $mln Sub Level% Avg Life (yrs) RatingDBRS RatingMoody's RatingMStar  Pricing % Yield% Final Pricing Spread (bp) Bnch mark A-1 31.83 30.00 3.02  AAA  Aaa  AAA 99.998 1.503 +36  swaps A-2 42.73  30.00 4.96  AAA  Aaa  AAA...

Commercial Real Estate Direct Staff Report The appraised value of the Chiquita Center office building in Cincinnati has been slashed by more than half, to $44.3 million from $93 million in 2006. The latest appraisal impacts a $60.7...

A venture led by Bedrock Real Estate Services has agreed to pay Compuware Corp. about $142 million, or $142/sf, for its 1 million-square-foot headquarters building in downtown Detroit. Compuware plans to lease back space in the building, which...

Carey Watermark Investors Inc. has paid $56.7 million, or nearly $219,000/room, for the 295-room Kansas City Marriott Country Club Plaza in Kansas City, Mo. The New York REIT, whose shares are not traded on any exchange, bought the...

Class Amt $mln Sub Level% Avg Life (yrs) RatingMStar RatingS&P Pricing % Yield% Final Pricing (bp) Bnch mark A 390.01  13.33 4.92 AAA AAA    2.35 +60  swaps B 33.54  5.88 4.92 AAA  AA+    2.45 +70  swaps...

A venture of developers MRP Realty Partners and Florida Rock Properties Inc. has lined up $82 million of construction financing for the first phase of its Capitol Riverfront mixed-use project in Washington, D.C. First Niagara Bank is providing...

Veritas Investments has paid $21.5 million, or $860,000/unit, for Station House #1, a 25-unit apartment property at 418 Jessie St. in San Francisco. The San Francisco company, which owns apartment properties in the San Francisco Bay area, bought...

Commercial Real Estate Direct Staff Report Multi-Employer Property Trust has paid $216.5 million, or about $604/sf, for 600 California St., a 358,590-square-foot office property in San Francisco that's facing a decline in occupancy to 59 percent in the...

Chambers Street Properties has paid $105.7 million, or $64.25/sf, for four industrial properties with 1.6 million square feet in northern Pennsylvania. The Princeton, N.J., REIT bought the portfolio from KBS REIT II Inc., which had acquired it three...

Brenda Gujral, a 35-year veteran of Inland Real Estate Group, who has served as president of its Inland Private Capital Corp. operation since 2001, is retiring at the end of the year. She's being replaced by Keith Lampi,...

Colony Financial Inc. has agreed to pay $1.6 billion for Cobalt Capital Partners, which owns 256 industrial properties with some 30 million square feet in 16 major markets. The acquisition will instantly make Colony a major investor in...

Loja Real Estate has purchased a portfolio of four Chicago-area shopping centers with a total of 238,462 square feet for $95 million, or nearly $400/sf. The four single-tenant properties are occupied by Whole Foods Market and Mariano's Fresh...

Norges Bank Investment Management teamed with TIAA-CREF in the $365 million purchase of the land beneath Two Herald Square, a 365,000-square-foot office and retail property in midtown Manhattan. The land was sold by SL Green Realty Corp., which...

A venture of Urban Investment Partners and Criterion Holdings LLC has paid $39.34 million, or roughly $102,182/unit, for two apartment properties with 385 units in Maryland. It acquired the properties, Laurel Pines with 235 units at 14601 Bowie...

Commercial Real Estate Direct Staff Report Ladder Capital Finance is securitizing the $450 million loan it wrote against the 3,165-unit Villas Parkmerced apartment complex in San Francisco. The loan is part of a $1.2 billion debt package that...

Commercial Real Estate Direct Staff Report TIAA-CREF has paid roughly $250 million, or $660/sf, for 21 Penn Plaza, a 378,574-square-foot office building in the Chelsea section of Manhattan. The New York investment manager acquired the 16-story building, at...

Simon Property Group said that it has accumulated a 3.6 percent stake in Macerich Co. and that it might ask the Santa Monica, Calif., REIT to waive a restriction on any investor owning more than 5 percent of...