Valuation: Between $100 million and $150 million

Madison Newbond has provided $115 million of mortgage financing against the recently completed La Bahia Hotel & Spa in Santa Cruz, Calif. The five-year loan was arranged by Sonnenblick-Eichner Co. of Los Angeles. The 155-room hotel was developed by Ensemble ...

ACORE Capital has provided $110 million of mortgage financing against Manhattan's 370 Lexington Ave. as part of a recapitalization that involved KSR Capital investing in the 311,628-square-foot office building. The 27-story building is owned by Broad Street Development, which purchased it ...

Commercial Real Estate Direct Staff Report Square Deal Investment Management has tapped JLL to secure financing against Indianapolis' Salesforce Tower, a 1.1 million-square-foot office property. The building backs a $108 million CMBS loan that comes due later this year. It's ...

Commercial Observer Kaufman Investments is said to have agreed to pay $125 million for a pair of office properties across Madison Square Park in Manhattan's Midtown South submarket. The New York investor is buying the properties—the 133,170-square-foot 24-28 West 25th ...

Multi-Housing News Affinius Capital has provided $120 million of financing against the 302-unit Elowen apartment property in San Diego. JLL arranged the debt on behalf of the local developer and owner, AAA Management. The property was developed with $99.4 million ...

Northwestern Mutual has provided $123 million of financing against the Anson, a 268-unit apartment property in Burlingame, Calif., a southern suburb of San Francisco. The five-year loan was arranged by Marcus & Millichap's Institutional Property Advisors unit. It pays a ...

Multi-Housing News MacNaughton has acquired Residences Kierland, a 290-unit apartment property in Scottsdale, Ariz. The purchase price could not yet be learned. However, the six-story property was valued this year at $101.9 million, according to Maricopa County, Ariz., public records. ...

Phoenix Business Journal Microsoft has paid $130 million for a 100-acre development site in Goodyear, Ariz., about 27 miles west of Phoenix. The tech giant acquired the property from First Industrial Realty Trust. The site, at North Citrus and West ...

Crain's Chicago Business Prime Finance is under contract to pay about $120 million, or $180.39/sf, for the 650,812-square-foot office building at 225 West Wacker Drive in Chicago. The San Francisco alternative lender is acquiring the property from Spear Street Capital, ...

Crain's Chicago Business Kohan Retail Investment Group has paid $137 million, or $91.33/sf, for Citadel Center, a 1.5 million-square-foot office building in Chicago. The New York company acquired the 39-story property, at 131 South Dearborn St., from a venture of ...