Valuation: Between $50 million and $100 million

Commercial Real Estate Direct Staff Report Delshah Capital has paid $76.03 million, or $535,422/unit, for the 142-unit apartment property at 34 Berry St. in the Williamsburg section of Brooklyn, N.Y. The New York investment manager acquired the property from LCOR, which ...

Commercial Real Estate Direct Staff Report High Street Residential has sold the 139-unit Corner 63 Apartments in Seattle for $59.1 million, or $425,179/unit. The buyer was a group of Washington state investors operating as Corner 63 Owner and EPC Green ...

Commercial Observer Madison Realty Capital has provided a $61 million loan against the 135-unit Braddock Park West apartment property in the northern New Jersey township of North Bergen. The property, at 8601 Bergenline Ave., is owned by Sanz Property Management, ...

Hoodline Gindi Capital has paid $55 million, or $337.42/sf, for the 163,000-square-foot office property at 25 Elm Place in downtown Brooklyn, N.Y. The Gindi family office—Ralph Gindi founded the Century 21 department store chain in 1961—bought the 106-year-old property from ...

Crain's Chicago Business Riverside Investment & Development has lined up $64 million of mortgage financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 199-unit apartment property at 566 West Van Buren St. ...

Charlotte Business Journal CBRE has been tapped to market for sale the Queen City Quarter mixed-use complex in Charlotte, N.C. The property, formerly known as the EpiCentre, is being marketed on behalf of CWCapital Asset Management, special servicer for the CMBS ...

South Florida Business Journal Welltower Inc. has purchased the Arbor at Lake Worth, a 377‑unit assisted-living facility in Lake Worth, Fla., for $87.2 million, or about $231,300/unit. The Toledo, Ohio, company bought the property from Focus Healthcare Partners of Chicago, ...

Crain's Chicago Business Standard Real Estate Investments and Belay Investment Group has paid $61 million, or $238,281/unit, for Martin's Point, a 256-unit apartment property in the Chicago suburb of Lombard, Ill. Standard and Belay, both of Los Angeles, acquired the ...

Commercial Real Estate Direct Staff Report Aurora Capital Associates has paid $54 million, or $675/sf, for the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan. The Cayre family office, which is led by Robert Cayre, bought the ...

Commercial Real Estate Direct Staff Report Principal Asset Management has paid $97.35 million, or $360,555/unit, for the 270-unit Biltmore at Camelback apartment complex in Phoenix. The Des Moines, Iowa, investment manager acquired the property from an affiliate of Heitman of ...