Prime Finance has purchased a portfolio of eight performing loans with a balance of $760 million from Blackstone Real Estate Debt Strategies. It's not known how much the investment manager paid. But Seth Fisher, principal and head of...

Continental Realty Corp. has paid $31 million, or $248/sf, for the 125,000-square-foot Quebec Village shopping center in the Denver suburb of Centennial, Colo. The Baltimore investment manager bought the 38-year-old property, at 8223 South Quebec St., from Kensington...

Minneapolis/St. Paul Business Journal JPMorgan Chase has paid $76.15 million, or $94.13/sf, for two industrial properties totaling about 809,000 square feet in Owatonna and Ramsey, Minn. The banking giant acquired the properties in a sale-leaseback from affiliates of...

The proposed sale of the former Franklin Mills Mall in Philadelphia to Dean Adler has fallen apart, and the 1.58 million-square-foot retail property has now been taken off the market. The sale's collapse first was reported by the...

Blackstone Real Estate Debt Strategies has provided $310 million of financing against the Peabody Union mixed-use property in downtown Nashville's South Bank district. The three-year loan, which can be extended by two additional one-year terms, was arranged by...

Commercial Real Estate Direct Staff Report Simon Property Group has lined up a $93 million mortgage from Goldman Sachs and Deutsche Bank against its Colorado Mills shopping center in the Denver suburb of Lakewood, Colo. The 10-year loan,...

Piedmont Realty Trust has agreed to sell its Enclave Place office building, with 300,906 square feet in Houston's Energy Corridor, for $81.8 million, or $271.85/sf. JLL has been marketing the 11-story property on behalf of the Atlanta REIT,...

Commercial Real Estate Direct Staff Report A venture of Lincoln Property Co. and Cross Ocean Partners has acquired the 1.1 million-square-foot Colonnade office complex in the Dallas suburb of Addison, Texas. Lincoln, of Dallas, and Cross Ocean, of...

Dallas Business Journal Franklin Street Properties is offering for sale a portfolio of five office properties with more than 700,000 square feet in the north Dallas suburbs of Plano and Addison, Texas. The Wakefield, Mass., REIT has tapped...

Austin Business Journal Weidner Apartment Homes bought the 341-unit Solaris apartment property in Austin, Texas, that Brandywine Realty Trust sold last month for $136 million, or $398,827/unit. The Kirkland, Wash., multifamily firm financed the acquisition with a loan...

Centennial Bank has provided a $145 million loan for the construction of the Riverside Wharf hotel and entertainment project in downtown Miami. The two-building property will include the 167-room Dream Miami Hotel, a 30,000-square-foot nightclub, 12,000-sf event hall,...

Simon Property Group has struck a deal to buy the 597,635-square-foot University Village open-air retail center in Seattle. The Indianapolis REIT, which hasn't yet disclosed the price it's paying, is buying the 19-building property from an affiliate of...

PGIM has provided $69.3 million of financing against the 185,536-square-foot Offices at the Grove office building in Phoenix. The five-year, fixed-rate loan was arranged by JLL Capital Markets on behalf of the property's owner, RED Development of Phoenix....

Benedict Canyon Equities has paid $29.85 million, or $414,583/unit, for a pair of apartment properties with 72 units in West Hollywood, Calif. The Los Angeles investor was founded in 2004 by James A. Reston, who previously headed CBRE's...

Affinius Capital has provided $226 million of financing against the recently completed House 55, a 295-unit apartment building at 55 Willoughby St. in Brooklyn, N.Y. The loan allowed the property's developer, a venture of Lonicera Partners and Rabina,...

South Florida Business Journal A venture led by Legacy Residential has paid $52.55 million, or $196,082/unit, for Landings at Coconut Creek, a 268-unit apartment property in Coconut Creek, Fla. The Coral Gables, Fla., multifamily firm acquired the community...

Puget Sound Business Journal Eaton Vance has paid $87.3 million, or $243,175/unit, for Assembly118, a 359-unit apartment property in Seattle. The Boston investment firm, which is owned by Morgan Stanley, acquired the community from its developer, Woodbridge Northwest...

Commercial Real Estate Direct Staff Report Outpost has paid $68.5 million for a pair of industrial outdoor storage facilities with nearly 15 acres in Newark and Kearny, N.J. The company, which was formed in 2023 when GreenPoint Partners...

A venture led by Heidenberg Properties Group has paid $28.4 million, or just more than $191/sf, for the 148,538-square-foot Triangle Town Place retail center in Raleigh, N.C. The venture bought the property, on a 15.34-acre site at 3501...

Draper and Kramer Inc. has paid $62 million, or $516,667/unit, for the 120-unit Epoque apartment complex in the Denver suburb of Golden, Colo. The Chicago investment manager acquired the property through its open-ended core multifamily fund from its...

Northwind Group has raised $1 billion of investor commitments for its latest and largest-ever real estate credit fund. When Northwind launched Northwind Debt Fund III in late 2024, the New York investment manager set a $500 million fundraising...

South Florida Business Journal An affiliate of JVP Management has provided $140.2 million of additional financing for New River Center, a 400-unit apartment project that's under construction in Fort Lauderdale, Fla. The lender took over an existing loan...

Atlanta Business Chronicle Cousins Properties has contributed $50 million for a 97.5% stake in a venture with Trammell Crow Co. that owns the site of Morgan Stanley's future regional headquarters in Dallas. The Atlanta REIT's investment includes $42.2...

Washington Business Journal The CMBS trust that holds the $50.1 million loan against Worldgate Centre in Herndon, Va., has taken title to the 229,000-square-foot retail property at a foreclosure auction. Five other groups competed in the auction, driving...

Roxborough Group has paid $109.4 million, or $444,715/unit, for Bidwell Park, a 246-unit apartment property in Fremont, Calif. The San Francisco investment manager acquired the property, at 39800 Fremont Blvd., from Pacific Urban Investors, which bought it in...