Valuation: More than $150 million

Crain's New York Business A venture led by Pershing Square Capital Management and the Georgetown Co. is offering for sale the 513,638-square-foot office building at 787 11th Ave. in Manhattan. Cushman & Wakefield has been tapped to market the property, ...

A group of lenders led by Huntington National Bank has provided $300 million of construction financing for the Mather Tysons, a 378-unit seniors-housing project in Tysons, Va,, about 15 miles west of Washington, D.C. Walker & Dunlop arranged the loan. ...

LaSalle Investment Management has paid $155.6 million, or $341,228/unit, for Ely at The Curve, a 456-unit apartment property in Las Vegas. The Chicago investment manager purchased the property from Calida Group of Las Vegas, which had acquired it in 2019, when ...

Commercial Real Estate Direct Staff Report The $780 million CMBS loan that KKR & Co. had assumed as part of its purchase of a portfolio of 48 select- and limited-service hotels with 6,402 rooms has been extended by another six years ...

KKR & Co. has acquired a portfolio of 48 select- and limited-service hotels with 6,402 rooms in a deal that included the assumption of what had been a troubled $780 million CMBS loan. The loan is securitized through Credit Suisse ...

IRA Capital has paid $153 million, or $1,492/sf, for the Post, a 102,500-square-foot office property in Beverly Hills, Calif. The Irvine, Calif., investment manager purchased the property from a venture of Worthe Real Estate Group and Invesco Real Estate. The ...

Commercial Real Estate Direct Staff Report A group of lenders led by Wells Fargo Bank and Deutsche Bank has provided $450 million of financing against the 1 million-square-foot Americas Tower office building in Manhattan. The loan allowed the property's owner, ...

Rentv.com A venture of Hankey Investment Co. and Jamison Properties has opened Kurve on Wilshire, a 200-unit apartment property in Los Angeles. The 23-story property, at 2801 Sunset Place, has a mix of studio, one-, two- and three-bedroom units with ...

Bldup Citizens Bank has provided $174.8 million of construction financing for the 224,106-square-foot laboratory project at 66 Galen St. in the Boston suburb of Watertown, Mass. A venture of the Davis Cos. and Boston Development Group is constructing the building, ...

Commercial Real Estate Direct Staff Report Rockpoint Group has paid $158 million, or $518,033/unit, for the 305-unit apartment property at 500 Ocean Ave. in the Boston suburb of Revere, Mass. The Boston investment manager bought the property from Redgate Capital ...