Valuation: Between $10 million and $25 million

Kraus-Anderson has broken ground on the 98-bed Rolling Hills Senior Living and Rehabilitation Center in Sparta, Wis. The Minneapolis developer is building the $20 million property at 14400 County Highway B, about 29 miles east of La Crosse, Wis., which ...

Commercial Property Executive Alere Property Group has broken ground on South Cucamonga Distribution Center, a 210,703-square-foot industrial property in Ontario, Calif. The Newport Beach, Calif., investor received a $20 million loan from Zions Bank for the construction of the property, ...

Rentv.com Elk River Capital has paid $11.7 million, or $236.36/sf, for the 49,500-square-foot industrial property at 2249 South Yale St. in Santa Ana, Calif. The Steamboat Springs, Colo., investor purchased the property from JP California Property Management LLC, which was ...

Chicago Business Journal A venture of Becovic and Next Realty has paid $16.2 million, or about $69,828/unit, for a portfolio of 14 apartment buildings totaling 232 units in Milwaukee. Becovic, of Chicago, and Next Realty, of Skokie, Ill., purchased the ...

Dwight Capital has provided an $18.97 million loan under the U.S. Department of Housing and Urban Development's section 223(a)(7) program against the 158-unit Sycamore Lane Apartments in Davis, Calif. The financing allowed the property's owner, a local investor group, to ...

Louisville Business First MCR Hotels has paid $20.2 million, or $134,667/room, for the 150-room Hilton Garden Inn Louisville Mall of St. Matthews in Louisville, Ky. The New York management and development company purchased the property from its developer, Dunn Hospitality ...

Phoenix Business Journal A limited lability company managed by James L. Ledwith has paid $17.5 million, or $23,117/unit, for Envy Self-Storage and RV, a 757-unit self-storage facility in Gilbert, Ariz. The Sonoma, Calif., company purchased the property as part of ...

Knighthead Funding LLC has provided a $20.9 million loan for the construction of Analog Tacoma, a 115-unit apartment property in Tacoma, Wash. The property, at 1351 Fawcett Ave., two blocks from the city's convention center and next to the campus ...

Pelican Communities has received $21.3 million of mortgage financing from PGIM Real Estate against its SALT Oceanside, a 52-unit apartment property in Oceanside, Calif. The Newport Beach, Calif., developer will use the three-year loan, which was arranged by Keystone Mortgage ...

Minneapolis/St. Paul Business Journal Eagle Ridge Partners has agreed to pay $22.2 million, or $31.44/sf, for a 706,029-square-foot industrial complex at 701 24th Ave. SE in Minneapolis. The St. Louis Park, Minn., investment and management firm is purchasing the property ...