Subject: Mid-Atlantic Regional Digest (MADIG)

ConnectCRE Naftali Credit Partners has provided $45.5 million of financing against the 132-unit Linden apartment property at 4224 Baltimore Ave. in Philadelphia's University City neighborhood. Naftali, of New York, syndicated a $33 million senior portion of the financing to Israel ...

Commercial Observer Kennedy Wilson has provided $84 million of financing for the development of a 237-unit apartment property at 425 Montgomery St. in Alexandria, Va. The property is being developed by a venture of Carr Properties of Washington, D.C., and ...

Philadelphia Business Journal Premier Properties has paid $38.35 million, or $140,992/unit, for the 272-unit Duffield House Apartments in West Philadelphia. The Lakewood, N.J., investor bought the 11-story property, just outside of Fairmount Park and near City Line Avenue, a major ...

Philadelphia Business Journal ESJ Capital Partners has paid $16 million, or $105.04/sf, for the Oxford Court Portfolio, a nine-building office complex with 152,310 square feet in the Philadelphia suburb of Langhorne, Pa. The Aventura, Fla., investor bought the property, at ...

ConnectCRE BlackRock has extended its lease for 176,000 square feet at University Square, a 331,872-sf office property in Princeton, N.J. The investment manager has occupied the space since 2010. Its lease was slated to roll in September 2028, but the ...

Commercial Observer M&T Bank has provided $165.9 million of agency financing for the 678-unit Town Square at Mark Center apartment property at 1459 North Beauregard St. in the Washington, D.C., suburb of Alexandria, Va. The DSF Group of Boston bought ...

Commercial Observer ACORE Capital, which in 2019 had provided $86 million of mortgage financing against the 220-room Line Hotel in Washington, D.C., has taken it through foreclosure. ACORE was the only bidder at the foreclosure auction. Elon Musk was rumored ...

Wall Street Journal The General Services Administration, which oversees 370 million square feet of space nationally on behalf of federal agencies, could come under pressure by the Trump administration to sell two-thirds of the space it owns. But it won't ...

Philadelphia Business Journal Ocean State Job Lot has paid $23.6 million, or $124.21/sf, for the 190,000-square-foot Fairless Hills Shopping Center in the Philadelphia suburb of Fairless Hills, Pa. The North Kingstown, R.I., discount retailer bought the property, at 500 Lincoln ...

BisNow Reign Capital has paid $112.3 million, or $1,538/sf, for the 73,000-square-foot office property at 725 13th St. NW in Washington D.C. The New York developer bought the property from AT&T, which could very well continue to occupy the eight-story ...