Suburban Orlando, Fla., Office Building Sells for $28Mln

Commercial Real Estate Direct Staff Report BH Properties, a 30-year-old opportunistic property investor, has launched a platform to provide debtor-in-possession financing for middle-market real estate companies or properties that are in receivership or have been thrown into bankruptcy....

Commercial Real Estate Direct Staff Report Industrial Property Trust has sold its remaining portfolio of properties and developments for $301 million. Black Creek Industrial REIT IV Inc. acquired the portfolio, which consists of minority interests in 64 buildings...

Commercial Real Estate Direct Staff Report American Campus Communities had pre-leased 90.1 percent of its student-housing beds for the 2020-21 school year through July 17, down from the 93.5 percent of beds that had been pre-leased at the...

Jose Carrazana has joined the Institutional Property Advisors unit of Marcus & Millichap as director at its Los Angeles office. He joins the brokerage from JLL, where he also was director. He will continue to help clients buy...

Capital One has provided $29.2 million of financing against four apartment properties with 271 units in Manhattan. The loan allowed the owner of the buildings, Bronstein Properties of Queens, N.Y., to retire $13.3 million of debt that Dime...

Berkeley Point Capital has provided a $47.4 million Freddie Mac loan against the 224-unit Encore Evans Station Apartments in Denver. NKF secured the loan on behalf of Treeline Multifamily Partners, which had acquired the property from Encore Enterprises,...

Commercial Real Estate Direct Staff Report The largest loan in the collateral pool of GS Mortgage Securities Trust, 2014-GC26, is now classified as being more than 30 days late, and the owner of the shopping mall that it...

Commercial Real Estate Direct Staff Report Nationwide Life Insurance Co. has provided $26 million of financing against the 336-unit Crowne at Grandview apartment property in Birmingham, Ala. The loan allowed the property's owner, Crowne Partners Inc. of Birmingham,...

An affiliate of Silver Star Real Estate has paid $49.7 million, or $338,095/unit, for the 147-unit Amber Ridge Apartments in La Verne, Calif., some 30 miles east of Los Angeles. To help fund its purchase, Silver Star lined...