Valuation: More than $150 million

Charlotte Business Journal Hana Alternative Asset Management has bought the 358,414-square-foot office building at 300 South Brevard St. in Charlotte, N.C., for $201 million, or about $560.80/sf. The South Korean investment firm bought the property from Stream Realty Partners of ...

Crain's Chicago Business Multi-Employer Property Trust has hired Newmark to market for sale McClurg Court, a 1,061-unit apartment complex in Chicago. The two-building property, which stands 45 stories at 333 East Ontario St, is expected to sell for more than ...

Distressed rates for CMBS loans against Manhattan retail properties have climbed noticeably since the start of the coronavirus pandemic, contributing to a wave of retailers filing for bankruptcy.

Boston Business Journal MilliporeSigma has paid $252.7 million, or $722/sf, for two office and laboratory buildings with a combined 350,000 square feet in Burlington, Mass., a Boston suburb. The Burlington biomanufacturing equipment maker bought the buildings, at 400 and 600 ...

South Florida Business Journal An affiliate of The Related Cos. has paid $281.85 million, or about $442.34/sf, for the Phillips Pointe office complex in downtown West Palm Beach, Fla. AEW Capital Management sold the 637,180-square-foot property, with two buildings at ...

Commercial Real Estate Direct Staff Report Brookfield Properties has negotiated a three-year extension of the $157.7 million loan against its Fox River Mall in Appleton, Wis. A $136.7 million piece of the loan is securitized through WF-RBS Commercial Mortgage Trust, ...

PGIM Real Estate has provided a $222 million Fannie Mae credit facility against a portfolio of 10 senior-living facilities with 702 units purchased by a venture of Aegis Living and Blue Moon Capital Partners. The facility has a 10-year term ...

Multi Housing News Rreef America REIT II Inc., an affiliate of DWS Group, has paid $279.1 million, or $451,618/unit, for the 618-unit Hyde Square apartments in Bellevue, Wash. The Chicago REIT bought the property from Carmel Partners of San Francisco, ...

Commercial Real Estate Direct Staff Report Freddie Mac funded $82.5 billion of loans and guarantees against apartment properties last year, marking its most-active year in the sector ever and well exceeding the $78.4 billion of volume it generated in 2019. The ...

San Francisco Business Times Harvest Properties has paid $165 million, or $964.37/sf for the 171,096 square-foot office building at 360 Spear St. in San Francisco. The Oakland, Calif., investor acquired the property from a venture of Madison Capital and PGIM ...