State: Maine - ME

Berkeley Point Capital has written $70 million of Fannie Mae financing against Liberty Commons and Redbank Village, a pair of neighboring apartment properties with 620 units in Portland, Maine. The properties, which share the address of 62 MacArthur Circle East, ...

Portland Press Herald Jones Street Investment Partners has paid $87.5 million, or about $141,129/unit, for two neighboring apartment properties with 620 units in South Portland, Maine. The Hingham, Mass., company purchased the property from Lone Star Funds in a deal ...

Chestnut Realty Management has paid $50.25 million, or $162,621/unit, for a portfolio of three apartment properties with a total of 310 units in the Portland area of Maine. The Springfield, Mass., investment firm bought the portfolio from Resource Real Estate ...

South Florida Business Journal Tristar Capital has sold a 17,380-square-foot retail property in Miami for $13 million, or about $748/sf. Block Capital Group bought the property, at 3322 North Miami Ave. in the city's Wynwood neighborhood, and was represented by ...

Waterfront Properties has paid $66 million, or roughly $254.84/sf, for One and Two Portland Square, with a combined 258,984 square feet in Portland, Maine. The New York company acquired the office and retail buildings from Rreef Funds, which was represented ...

Boston Business Journal Multi-Employer Property Trust has paid $56 million for an 84,850-square-foot parking garage at 10 Necco St. in Boston. MEPT, a commingled investment fund managed by Bentall Kennedy of Seattle, acquired the garage from DivcoWest.

Citigroup has provided a $235 million loan against the Maine Mall in South Portland, Maine. The debt takes out a CMBS loan that was modified as part of property owner General Growth Properties Inc.'s 2010 bankruptcy reorganization. That loan was ...

Boston Business Journal A group of lenders that include RBS Citizens and People's United Bank has provided an $85 million construction loan against an office building under development in Needham, Mass. HFF arranged the financing. A venture of Normandy Real ...