Sack Capital Partners has paid $36.7 million, or $265,942/unit, for the 138-unit Terramonte at Foothill Apartments in Pomona, Calif., some 30 miles east of Los Angeles. The San Francisco investment manager acquired the property from Positive Investments of...

Philadelphia Business Journal Fernmoor has lined up $85 million of financing for Mi-Place at Downingtown, a 318-unit residential community in Downingtown, Pa., about 36 miles west of Philadelphia. Barings provided the loan, which was arranged by CBRE. The...

Marquee Capital has paid $51 million, or $218.20/sf, for the 233,727-square-foot Merchants Square retail property in the Indianapolis suburb of Carmel, Ind. The Milwaukee investment manager, founded in 2008 as the real estate arm of Marcus Investments, bought...

BKM Capital Partners has paid $85.6 million, or $213.40/sf, for three shallow-bay industrial properties with 401,132 square feet in the Seattle area. The Newport Beach, Calif., investment manager bought the properties through its BKM Industrial Value Fund III,...

South Florida Business Journal Kimco Realty Corp. has bought a pair of grocery-anchored shopping centers in South Florida for $108 million. The Jericho, N.Y., REIT paid $56 million, or $227.88/sf, for the 245,744-square-foot Sunshine Plaza in Tamarac, Fla.,...

Philadelphia Business Journal Speed Bay Warehouse Solutions has purchased an eight-building industrial portfolio totaling 488,936 square feet in the Philadelphia area for more than $84 million, or $171.80/sf. The Denver investor, which focuses on shallow bay industrial properties,...

Washington Business Journal The buzz is that an affiliate of Douglas Development Corp. is buying the 254,000-square-foot 1330 Connecticut Ave. NW office building in Washington, D.C. The affiliate, Jemal Equities, would be buying the 12-story property from BXP...

Austin Business Journal Canyon Creek Real Estate has paid $208 million, or $413.22/sf, for the 503,344-square-foot One Eleven Congress office building in downtown Austin, Texas. The Fort Worth, Fla., investor purchased the 30-story structure from Cousins Properties, an Atlanta...

Barings has provided $213 million of financing against the 500,000-square-foot office property at 360 North Green St. in Chicago. JLL Capital Markets arranged the three-year loan on behalf of the owner and developer, a venture of JPMorgan Asset...

Orlando Business Journal APC US Pineda Commons LP has paid $41.34 million, or $554.16/sf, for Pineda Commons, a year-old retail property in Melbourne, Fla. The Toronto investor acquired the shopping center, along with three of its outparcels, from...

Commercial Property Executive Breakthrough Properties and Tishman Speyer have provided $90 million of financing against Aperture Del Mar, a 538,000-square-foot life-sciences property in San Diego. The new debt allows the owner of the property, Gemdale USA of Pasadena,...

Commercial Real Estate Direct Staff Report DiamondRock Hospitality Co. is once again considering putting its 1,200-room Chicago Marriott Downtown Magnificent Mile hotel on the sales block. Two years ago, the Bethesda, Md., REIT classified the property as a...

South Florida Business Journal AS Hallandale Investment FL has paid $40 million, or $209.33/sf, for Millennium Plaza, a 191,084-square-foot mixed-use property in Hallandale Beach, Fla., about 14 miles south of Fort Lauderdale, Fla. Alan Segall, a Pembroke Pines,...

Boston Business Journal Regency Centers has bought Cornerstone at Westford, a 236,000-square-foot retail center in Westford, Mass., for $74 million, or $313.56/sf. The Jacksonville, Fla., retail REIT purchased the property from its developer, RAVentures of Westford. Cornerstone at...

EDENS has acquired Village at Camp Bowie, a 179,376-square-foot retail property in Fort Worth, Texas. The Washington, D.C., retail property owner bought the shopping center from Dunhill Partners of Dallas, which had owned it since 2019. The price EDENS...

Commercial Real Estate Direct Staff Report Ashford Hospitality Trust Inc. has sold the 357-room Marriott Fremont hotel in the East Bay, Calif., city of Fremont for $53 million, or $148,459/room. The Dallas REIT sold the 27-year-old property to...

The Real Deal Eurostars Hotel Co. has paid $95 million, or $887,850.50/room, for the 107-room Chemists' Club Hotel at 52 East 41st St. in midtown Manhattan. The Barcelona company bought the property from Azora, which also is based...

Rentv.com Longpoint Partners has paid $34.65 million, or $253.66/sf, for Eastpoint I & II, a two-building industrial property with 136,600 square feet in Chandler, Ariz. The Boston investment manager bought the property, at 3191 North Washington St. and...

Silicon Valley Business Journal Fabrinet has paid $76.9 million, or $341.78/sf, for the 225,000-square-foot office property at 2903 and 2933 Bunker Hill Lane, as well as 5200 Great America Parkway within the Grand America Place complex in Santa...

South Florida Business Journal CIP Real Estate has paid $99 million, or $293.43/sf, for the 337,392-square-foot Lyons Corporate Park in Coconut Creek, Fla., about seven miles southwest of Boca Raton, Fla. The Irvine, Calif., investor bought the 10-building...

Freddie Mac funded $18 billion of multifamily mortgages during the second quarter, a 50% increase from the $12 billion it funded during the same period a year ago. The latest quarter brings the housing-finance agency's lending activity for...

Slate Property Group has raised up to $1 billion under a separately managed account that it will invest in lower-leverage senior construction and bridge loans against apartment properties. Slate is a New York investment manager that has completed...

Bloomberg Brookfield and NextEra Energy are planning a $100 billion data center at the former Paducah Gaseous Diffusion Plant in Paducah, Ky. The Department of Energy selected Brookfield to lease, develop and operate the data center campus, while...

Multi-Housing News Land & Apartments has paid $70 million, or $183,727/unit, for Villages at Lake Silvercote, a 381-unit apartment property in the St. Louis suburb of Wentzville, Mo. The St. Louis investor bought the property, at 100 Dry...

Dick’s Sporting Goods has purchased the vacant Nordstrom anchor space at the Christiana Mall in Newark, Del. The sporting-goods retailer, headquartered in Coraopolis, Pa., paid $8.79 million, or $71.50/sf, for the 123,000-square-foot store, according to the Delaware News-Journal,...