Valuation: Between $25 million and $50 million

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 Community Bank ...

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, its developer, ...

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, to retire ...

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 up an ...

Commercial Real Estate Direct Staff Report Valley National Bank has provided $49.3 million of financing against the 105-unit apartment building at 2442 Ocean Ave. in Brooklyn, N.Y. The loan allowed the property's owner and developer, Lay Assets of Brooklyn, to ...

JLL Capital Markets has arranged $28 million of Fannie Mae financing for the 456-unit Cliffs at Minnetonka apartment property near Minneapolis. The 10-year loan, which pays a fixed coupon, was used to refinance existing debt. JLL's Delegated Underwriting and Servicing ...

Phoenix Business Journal Pennybacker Capital has paid $42 million, or about $139,073/unit, for The Osborn, a 302-unit apartment complex in Phoenix. The Austin, Texas, private equity firm bought the property, which consists of 31 two-story buildings, from Bean Investment Real ...

Rentv.com Omninet Capital has bought the 72-unit Maya Apartments in Los Angeles for $32.4 million, or $450,000/unit. The Beverly Hills, Calif., real estate investment company purchased the seven-story building, at 535 South Kingsley Drive, from Jamison Properties, which had developed ...

Berkeley Partners has paid $49 million, or $119.09/sf, for a 411,285-square-foot industrial building at 333-335 Centennial Parkway in Louisville, Colo. The San Francisco real estate investment company bought the property from a venture of DPC Cos. and Long Wharf Capital, ...

Grandbridge Real Estate Capital has arranged a $26.2 million Freddie Mac loan against the Commons apartment property in Sioux Falls, S.D. The 10-year loan requires only interest payments for the first three years, then it amortizes on a 30-year schedule. ...

Rentv.com Advanced Real Estate Services Inc. has bought the 120-unit Sierra Pines Apartments in Riverside, Calif., for $25.85 million, or $215,416/unit. The seller was not identified. Berkadia brokered the deal. The buyer, an Irvine, Calif., real estate investment company, plans ...

Commercial Real Estate Direct Staff Report MetLife has provided $48 million of financing to help fund Cortland's acquisition of the 342-unit Broadstone Durham apartment complex in Durham, N.C. As reported, the Atlanta real estate investment company bought the property for $87.2 ...

Commercial Real Estate Direct Staff Report A group of lenders led by Landesbank Hessen-Thuringen of Germany has provided $43 million of financing against the 68-unit Arthur apartment property in Manhattan. The loan allowed the building's owner, Naftali Group of New ...

  Commercial Real Estate Direct Staff Report Dwight Capital has originated a $40 million loan, under the Department of Housing and Urban Development's 223(f) program, against the 304-unit Villas at Sunrise Mountain apartments in Las Vegas. The 35-year, self-amortizing loan ...

REBusiness Online Chicago-based 4S Bay Partners has bought a redevelopment site at 3731-3761 East Stocker St. in Los Angeles for $35 million. It purchased the 3.3-acre site from a venture of Sharp Capital and One Cole Group. The site consists ...

Rentv.com BLT Enterprises has bought the 146,100-square-foot Create pharmaceutical manufacturing facility in Carlsbad, Calif., for $40.45 million, or $276.87/sf. The Los Angeles real estate investment company bought the industrial building, at 2827 Whiptail Loop West, from RAF Pacifica Group, its ...

Commercial Real Estate Direct Staff Report ApexOne Investment Partners has paid $31 million, or $229,630/unit, for the 135-unit Moretti at Vulcan Park apartments in the Birmingham, Ala., suburb of Homewood, Ala. The Houston real estate investment manager bought the complex ...

REBusiness Online Cohen Asset Management has bought a 325,800-square-foot industrial property at 7400 West Buckeye Road in Phoenix for $30.7 million, or $94.23/sf. The Los Angeles real estate investment company purchased the property from Kansas City Life Insurance Co., which ...

Commercial Observer MetLife has provided $34.2 million of financing against the 101-unit Element 28 apartment property in Bethesda, Md. JLL arranged the floating-rate loan, which has a three-year term but includes a pair of one-year extension options. A venture that ...

Venterra Realty has lined up $38.35 million of Freddie Mac financing against the Balmoral Village Apartments, a 312-unit property in Peachtree City, Ga., some 30 miles southwest of Atlanta. NorthMarq arranged the seven-year loan, which requires only interest payment for ...

Global One Investments has paid $26.5 million, or $236,607/unit, for the 112-unit John Adams apartment property in Queens, N.Y. The Queens multifamily specialist acquired the six-story building, at 105-05 69th Ave., from BlackRock Inc., a New York investment manager. New ...

South Florida Business Journal The Jewish Federation of South Palm Beach County, Fla., has sold the 101-unit Gould House seniors-housing property in Boca Raton, Fla., for $33.75 million, or about $334,158/unit. An affiliate of Fairstead bought the property, which sits ...

A venture of Lightstone Value Plus REIT V Inc. and Grand Peaks Properties Inc. has lined up $35.7 million of financing against the 280-unit Lakes of Margate apartment property in Margate, Fla., some 15 miles north of Fort Lauderdale, Fla. ...

Commercial Real Estate Direct Staff Report NKF Capital Markets has originated a $27.6 million Freddie Mac loan to help fund the acquisition of the 186-unit Parc at University Tower apartment property in Durham, N.C As reported, Knightvest Capital of Dallas acquired ...

PCCP LLC has provided $39.4 million of senior financing for the development of the 352-unit Acero Glendale apartment property in the Phoenix suburb of Glendale, Ariz. The property, at the northwest corner of 95th and Missouri avenues, is being developed ...