Mesa West Capital has provided a $58.72 million loan against the 445,187-square-foot Northern Parkway Logistics Center in Glendale, Ariz. The three-building property, at 12815 West Northern Ave. and 12795 West Northern Ave., about 23 miles northwest of Phoenix,...

South Florida Business Journal Ralgo Group has paid $53.5 million, or $200,375/unit, for the 267-unit Treetop Apartments in Miami's Kendall area. The local real estate firm acquired the three-story community from a company led by Miami Beach attorney...

South Florida Business Journal A venture of CP Group, The Georgetown Co., ACRE, and StepStone paid $193 million, or $230.31/sf, for the 838,000-square-foot Mizner Park mixed-use property in downtown Boca Raton, Fla. The sale was reported earlier this week,...

Commercial Real Estate Direct Staff Report Braemar Hotels & Resorts Inc. has lined up $358 million of mortgage financing against four of its properties with a total of 1,200 rooms in Chicago, Philadelphia, Puerto Rico, and the Virgin...

Greystone has provided $39.24 million of Fannie Mae financing against the 334-unit Evolv apartment property in the Dallas suburb of Mansfield, Texas. The 14-year-old property, on 18.6 acres at 370 North State Highway 360, is owned by Greybrook...

Crain's Chicago Business Grand Lifestyles has paid $63 million, or $157,500/unit, for the 400-unit Foxboro apartments in the Chicago suburb of Wheeling, Ill. The Skokie, Ill., company acquired the property, at 470 Foxboro Drive, from a venture led...

Commercial Real Estate Direct Staff Report The $150 million CMBS loan against the Quaker Bridge Mall near Princeton, N.J., which wasn't paid off when it matured in May, has been granted an 18-month reprieve. The loan is securitized...

HealthCore Foundation has paid $130 million, or $585.39/sf, for a portfolio of six medical-office buildings with 222,073 square feet in the San Francisco Bay area from NorthBay Health. The buildings, in Fairfield and Vacaville, Calif., will be fully...

Commercial Real Estate Direct Staff Report Tanger Inc., which last year purchased the former Legends Outlets in Kansas City, Kan., expects to pay off the retail property's $115 million CMBS loan next month, when it becomes open to...

Commercial Real Estate Direct Staff Report The venture that owns the Prince Building in Manhattan's SoHo area has lined up $216 million of financing, allowing it to retire a $200 million CMBS loan that became delinquent earlier this year....

Commercial Real Estate Direct Staff Report An affiliate of Bronstein Properties has paid $41 million, or nearly $195/sf, for the 210,853-square-foot Gardens retail property in the northwestern New Jersey community of Flanders. Bronstein, a Forest Hills, N.Y., family...

Crain's Chicago Business Novak Development has sold Webster Place, a 136,000-square-foot retail center in Chicago's Lincoln Park neighborhood, for $67.8 million, or $498.53/sf. The local developer, which bought the property in 2021 for $29.3 million, sold it to...

Crain's Chicago Business An affiliate of Community America Credit Union has filed a $236 million foreclosure lawsuit against the owner of the 1.1 million square-foot office property at 35 West Wacker Drive in downtown Chicago. The credit union...

Commercial Real Estate Direct Staff Report Freddie Mac funded $16 billion of multifamily loans during the third quarter, down 36% from the $25 billion it funded a year ago and 11% from the $18 billion it funded in...

Multi-Housing News A venture of Timberlane Partners and EOS Residential Investors has paid $82.8 million, or $246,428/unit, for the 336-unit Canopy apartments in the Seattle suburb of Everett, Wash. Timberlane, of Seattle, and EOS, of New York, acquired...

The Real Deal Graymark Capital has paid $35.8 million, or $457.80/sf, for the 78,200-square-foot office and research and development property at 1450 Kifer Road in Sunnyvale, Calif. The San Francisco real estate firm acquired the building from Intuitive...

Bisnow A venture of CP Group, The Georgetown Co., Acre, and StepStone has acquired Mizner Park, an 838,000-square-foot mixed-use property in downtown Boca Raton, Fla. The buyers acquired the 30-acre complex from an affiliate of BGRE, formerly Brookfield...

Dallas Business Journal Scotiabank has acquired Victory Commons One, a 364,428-square-foot office building in Dallas' Victory Park neighborhood. The Toronto financial-services company bought the property from a venture of Hillwood Urban of Dallas and Affinius Capital of San...

New York Business Journal Atlas Capital Group has paid $143 million, or about $558,594/unit, for the 256-unit apartment property at 360 West 43rd St. in Manhattan's Hell's Kitchen neighborhood. The local real estate firm acquired the property from...

Washington Business Journal JBG Smith Properties has sold a 90% interest in 800 North Glebe Road in the Washington, D.C., suburb of Arlington, Va., in a deal that values the 306,200-square-foot office building at $79 million. The buyer...

Commercial Real Estate Direct Staff Report The $325 million mortgage against the Fresno Fashion Fair shopping mall in the California Central Valley city of Fresno is now in default. The loan, scattered among six CMBS conduit transactions, matured...

Affinius Capital has provided $100.3 million of financing to fund the construction of the 326-unit Atmosphere Pittsburgh student-housing property in the city's Oakland neighborhood. The 10-story property, which will have a 672-bed capacity, is being developed by a...

Oxford Properties has provided a $155 million construction loan for the first phase of Buckeye Yards, a 4.13-million-square-foot industrial development in Columbus, Ohio. JLL Capital Markets arranged the financing on behalf of developer Xebec of Austin, Texas, and...

New York Life Investment Management has provided $480 million of mortgage financing against 10 apartment properties with 2,731 units owned by Continental Properties Real Estate Development Fund II LP. The loan was arranged by Walker & Dunlop. It...

Triangle Business Journal DUMAC, the investment arm of Duke University, has bought Erwin Square Plaza, a 238,792-square-foot office building in Durham, N.C. Lionstone Investments of Houston sold the property, which sits on 7.42 acres at 2200 West Main...