Commercial Real Estate Direct Staff Report Collins Enterprises LLC is offering for sale Hudson Park, a 560-unit apartment property in Yonkers, N.Y., that has the potential to be expanded by 222 additional units. The Stamford, Conn., developer has...

Commercial Real Estate Direct Staff Report Carey Watermark Investors Inc. has paid $124.8 million, or $244,227/room, for the 511-room Marriott Sawgrass Golf Resort & Spa in Ponte Vedra Beach, Fla. The New York REIT, whose shares do not...

CBRE Global Investors closed on the acquisition of the Airport Corporate Center, a 1 million-square-foot office property next to the Miami International Airport. As reported, the Los Angeles investment manager had agreed to pay $132 million, or $132/sf,...

Commercial Real Estate Direct Staff Report The Stuyvesant Town/Peter Cooper Village apartment complex in Manhattan was appraised recently at a value of $3.5 billion, according to TreppWire. The massive 11,277-unit apartment complex, which served as collateral for a...

Allianz Real Estate of America has provided $201.5 million of mortgage financing against a portfolio of 10 properties owned by Price Brothers Real Estate of Overland Park, Kan. The financing was arranged by NorthMarq Capital and involved the...

Commercial Real Estate Direct Staff Report The $265 million CMBS loan against 400 Atlantic St., a 527,454-square-foot office building in Stamford, Conn., formally has been transferred to special servicer CWCapital Asset Management because it's expected to default. Its...

PCCP has provided $34 million of financing against Fountain Square, a 241,000-square-foot office complex in Boca Raton, Fla. The property, at 2600 North Military Trail, was recently purchased by an affiliate of Contrarian Capital Management of Greenwich, Conn.,...

Behringer Harvard Opportunity REIT II Inc. has agreed to pay $60.5 million, or about $139,080/unit, for the 435-unit Lakewood Flats apartments in Dallas. The Dallas REIT, whose shares do not trade on any exchange, is buying the property...

Prudential Mortgage Capital Co. has written a $115.8 million construction loan, under a Freddie Mac program, against the Art Place at Fort Totten, a 520-unit apartment property with 103,502 square feet of retail space that the Morris &...

Commercial Real Estate Direct Staff Report Commercial property prices increased by 1.2 percent in August to within 20 basis points of their high point reached in November 2007, according to the Moody's/RCA Commercial Property Price Indices. While prices...

Commercial Real Estate Direct Staff Report Rubenstein Partners is said to be in talks to acquire 401 Market St., a 511,123-square-foot office building in Philadelphia. The Philadelphia investment manager would be buying the property, between North 4th and...

KS Partners has teamed with Oaktree Capital Management to pay $59.5 million, or roughly $57/sf, for a 1 million-square-foot office complex in the Boston suburb of Andover, Mass. The venture acquired the property, Brickstone Square, near the junction...

Phillips Edison - ARC Grocery Center REIT II Inc. has paid $33.3 million, or about $119/sf, for the 280,228-square-foot Colonial Promenade in Winter Haven, Fla., about 35 miles south of Orlando, Fla. The property, at 303-399 Cypress Gardens...

Commercial Real Estate Direct Staff Report A 309,088-square-foot office building in El Segundo, Calif., that was recently vacated by Xerox Corp. has been placed on the sales market. Madison Partners has the listing for the property, at 701...

Commercial Real Estate Direct Staff Report Starpoint Commercial Properties is in the market to sell the Pacific Gas and Electric Co. regional headquarters complex in Fresno, Calif. The Beverly Hills, Calif., investor has hired Madison Partners, also of...

Fannie Mae has provided $70 million of financing against Broadstone at North Boca Village, a 384-unit apartment property at 7901 North Federal Highway in Boca Raton, Fla. The financing was arranged by Dockerty Romer & Co. of Delray...

Shorenstein Properties paid Beacon Capital Partners $269 million, or about $244/sf, for the 1.1 million-square-foot Aon Center office building in Los Angeles. The property, at 707 Wilshire Blvd. in the southern end of the city's Financial District, is...

Commercial Real Estate Direct Staff Report A venture led by Federal Capital Partners is offering for sale Icon 1616, an upscale apartment property in downtown Philadelphia with 206 units and 23,000 square feet of retail space. JLL has...

Beacon Communities has paid $30.25 million, or roughly $148,284/unit, for the 204-unit Rolling Green Apartments in the Boston suburb of Amherst, Mass. The Boston company acquired the property, at 1 Rolling Green Drive, from Equity Residential in a...

W.P. Carey Inc. has paid $56 million, or roughly $237/sf, for a 235,943-square-foot office building at 800 Federal St. in the Boston suburb of Andover, Mass. The New York REIT acquired the property from a venture of Leggat...

Commercial Real Estate Direct Staff Report The pending sale of the Pier Shops at Caesars in Atlantic City, N.J., for $3 million will result in a hefty loss to the A-J class of the CMBS transaction that holds...

Savills Studley advised Deka Immobilien GmbH in its investment in the retail condominium space at 522 Fifth Ave. in Manhattan. As reported, Deka had ventured with Ashkenazy Acquisition Corp. on the $170 million purchase of the 8,411-square-foot corner...

DiamondRock Hospitality Co. has modified the $170.4 million mortgage against the Lexington Hotel New York, a 712-room property in Manhattan that it acquired in 2011 for $337 million. The mortgage was provided two years ago by a group...

Class Amt $mln Sub Level% Avg Life (yrs) Rating Moody's RatingFitch RatingKroll RatingDBRS Pricing % Final Pricing (bp) Bnch mark A-1  30.65 30.00  2.87 Aaa  AAA  AAA AAA 99.999 +40  swaps A-2 9.76  30.00 4.92  Aaa  AAA  AAA...

PCCP LLC has provided $28 million of financing against the development of 10th Street Center, a proposed 342,629-square-foot retail industrial complex in Azusa, Calif., in the San Gabriel Valley, some 30 miles east of Los Angeles. The three-building...