Valuation: Between $50 million and $100 million

Commercial Observer MetLife Investment Management has provided $80.5 million of financing against the 338-unit Solaire 8250 apartment property in Silver Spring, Md., about six miles from Washington, D.C. Washington Property Co. will use the 10-year, fixed-rate loan to retire construction ...

Investcorp has acquired the 536,051-square-foot Tempe Commerce Park in Tempe, Ariz., for $85.35 million, or $159.22/sf. The New York investment manager bought the property from BKM Capital Partners of Newport Beach, Calif., which had purchased it in 2016 for $58 million ...

Square Mile Capital Management was the lender that provided $69.75 million of financing against the recently opened Jefferson Pacific Beach apartment property in San Diego. The loan allowed the property's developer, JPI Cos., which has offices in Irving, Texas, and San ...

Commercial Real Estate Direct Staff Report Pimco acquired a stake in the 245-room Courtyard San Diego Downtown hotel in a deal that valued the property at $64.5 million, or $263,265/room. The Los Angeles investment manager bought the stake from Hersha Hospitality ...

Lexin Capital has paid $70.8 million, or $224,762/unit, for the 315-unit Jamison apartment property in Kissimmee, Fla., an Orlando, Fla., suburb. The New York real estate investment firm bought the complex from a venture of DeBartolo Development of Tampa and ...

Commercial Observer A venture of Metropolitan Realty Associates and Clarion Partners has paid $50 million, or about $164.34/sf, for a 304,249-square-foot industrial property in South Windsor, N.J. SunCap Property Group sold the property, which was developed in 2012. Bank of ...

Commercial Real Estate Direct Staff Report General Services Corp. has paid $63.9 million, or $234,926/unit, for Treviso Grand, a 272-unit apartment property in Venice, Fla., about 20 miles southeast of Sarasota, Fla. The Richmond, Va., multifamily specialist acquired the complex ...

Triangle Business Journal Bonaventure is planning to build a 521-unit apartment project in Durham, N.C. The Alexandria, Va., developer has filed plans to build the property on 35 acres at 3723, 3729 and 3685 Angier Ave. If approved, it would ...

Parkview Financial has provided $61 million of financing to fund predevelopment work and the entitlement process for Weehawken 1800, a proposed 282-unit residential condominium project that's planned for the Hudson River waterfront in Weehawken, N.J. The property has been proposed ...

CIM Group has provided $83 million of financing against the 344-unit Whit Apartments in Indianapolis. The loan was arranged by Berkadia on behalf of the property's developer, TWG Development of Indianapolis. The property, at 307 North Pennsylvania St., includes 10,700 ...