Multi-Housing News Land & Apartments has paid $70 million, or $183,727/unit, for Villages at Lake Silvercote, a 381-unit apartment property in the St. Louis suburb of Wentzville, Mo. The St. Louis investor bought the property, at 100 Dry Brook...

Dick’s Sporting Goods has purchased the vacant Nordstrom anchor space at the Christiana Mall in Newark, Del. The sporting-goods retailer, headquartered in Coraopolis, Pa., paid $8.79 million, or $71.50/sf, for the 123,000-square-foot store, according to the Delaware News-Journal, which...

Fannie Mae funded $14.2 billion of multifamily mortgages during the second quarter, marking its slowest quarter in at least a year. The housing-finance agency funded $17.1 billion of loans in the first quarter, so its lending activity for the...

CMBS loans against enclosed shopping malls that were written in 2016 or before then have a 96.3% delinquency rate, while those written in 2017 and later have nearly zero delinquency.

Crain's Chicago Business A venture led by investor Jonathan Holtzman is offering for sale the Fisher Building, a 184-unit apartment property in Chicago. The venture, which has held an ownership stake in the property since 1999, hired CBRE to...