Subject: East

Commercial Observer Apple Bank has provided $42 million of financing against the 510,000-square-foot Nelson Tower office building at 450 Seventh Ave. in Midtown Manhattan. The loan, arranged by JLL Capital Markets, allowed the property's owner, Kaufman Organization of New York, ...

Crain's New York Business Chess Builders has paid $19.6 million for adjacent development sites at 346 Lorimer St. and 56 Meserole St. in the Williamsburg section of Brooklyn, N.Y. The Brooklyn developer acquired the sites from the estate of Gregory ...

Charlotte Business Journal Realterm has bought the 70,004-square-foot industrial property at 7500 Statesville Road in Charlotte, N.C., for $18 million, or $257.13/sf. The Annapolis, Md., industrial real estate company purchased the site from a company calling itself CPI/DSP Southeast Terminal Charlotte Owner ...

The Real Deal Terreno Realty has sold the 603,000-square-foot industrial property at 130 Interstate Blvd. in South Brunswick, N.J., for $144 million, or $238.81/sf. The San Francisco REIT developed the property on a site it purchased in 2010 for $22.5 ...

Tampa Bay Business Journal Strategic Property Partners has lined up a $110 million loan against the Asher, a 490-unit apartment building in Tampa, Fla. The local developer borrowed the five-year, fixed-rate loan from PGIM Real Estate of Newark, N.J. The ...

Triad Business Journal Koury Corp. has bought Lawndale Crossing, a 257,525-square-foot shopping center in Greensboro, N.C., for $37 million, or $143.68/sf. The local real estate developer purchased the retail property from Pacolet Milliken Enterprises Inc. of Greenville, S.C. Lawndale Crossing sits on ...

Triangle Business Journal Ramm Capital Partners has sold the 145,000-square-foot warehouse building at 310 North Corporate Drive in Wilmington, N.C., for $27.5 million, or $189.66/sf. MT96 Crosspoint LLC, which is led by Henry Miller III of Wilmington, purchased the industrial ...

OcalaNews.com Hamilton Point Investments has paid $50.15 million, or $187,127/unit, for Retreat at 42nd, a 268-unit apartment complex in Ocala, Fla. The Old Lyme, Conn., company purchased the three-story property from SCorUSA, a Phenix City, Ala., multifamily development company, in a ...

Commercial Observer A venture of Sun Long Hing LLC and 168 J&C Holdings LLC has paid $27 million, or $1,097/sf, for the 24,600-square-foot Great Wall Supermarket in the Flushing section of Queens, N.Y. The venture acquired the property from A&N ...

The Real Deal Tyko Capital has provided a $357 million loan for the conversion of Manhattan's Flatiron Building into 60 residential condominiums. The property, with 255,000 square feet of office space at 175 Fifth Ave., is being converted by a ...