The loan is to refinance Savio, a 420-unit luxury apartment community in Delray Beach. The borrowers was a JV between 13th Floor Investments, Key International, Wexford Real Estate Investors and CDS International Holdings. Completed in 2025, Savio offers a mix of townhomes and studio apartments with amenities including a swimming pool and sundeck, a central park, clubhouse lounge, two-story fitness center, as well as a walking trail.
The company bought the 17-acre site sits just west of the airport at 3200 Northwest 67th Ave. Outpost plans to keep the parcel as a truck terminal, leasing it out to other companies. The seller, Centerpoint, purchased the asset for $29.5 million in 2020.
The portfolio includes buildings in the Brooklyn neighborhoods of Boerum Hill, Park Slope, Fort Greene, Prospect Heights and Crown Heights. The locations are a mix of multifamily and mixed-use properties holding market-rate and rent-stabilized residential units. The deal was split into 10 buildings selling for $36 million, and three others going for $9 million, but the buyers weren't identified.
COPT Defense Properties purchased Stonegate I, a 142,000-square-foot office property in Chantilly, Virginina. Located at 15050 Conference Center Dr., PGIM Real Estate sold the asset after 18 years of ownership. Completed in 2000, Stonegate I is a five-story property that sits across a 9-acre site and features two passenger elevators, controlled access and 325 car parking spaces.
A JV between Guardian Capital and New York Life Real Estate Investors used the loan to acquire Graces Reserve, a 240-unit, garden-style apartment community located in Charlotte, North Carolina. Built in 2021, Graces Reserve offers one-, two- and three-bedroom units and amenities including a saltwater swimming pool, electric vehicle charging stations, parcel lockers, a package management system, fitness center and a pet park. Part of the loan will also fund renovations.
The university bought the 20-story Dominion Tower, a 123-unit building at 1400 Northwest 10th Ave. in Miami. The seller was Feit Management Company. Built in 1968, the property last sold in 1983 for $9.5 million.
The firm acquired College and Crown, a 160-unit, 207-bed student housing community in New Haven. Centurion, which acquired it for $70 million in 2017, was the seller. HH Group will implement a repositioning plan to improve resident experience, including the modernization of amenities and a rebranding.
The company sold The Monroe Apartments, a 288-unit apartment community in Tallahassee. The property was acquired in 2019 with partner Merion Realty Partners. The buyer's identity wasn't disclosed. Located at 2677 Old Bainbridge Rd., The Monroe includes a mix of one-, two- and three-bedroom units and was 95% at the time of sale.
The loan is for the refinancing of Lincoln Logistics Center, a roughly 220,000-square-foot industrial property in Valley Cottage. The facility sits on a nearly 20-acre site and features a clear height of 36 feet, 34 loading dock doors, two drive-in doors and 123 car parking spaces foot clear heights. The loan borrower was a JV between PCCP and Lincoln Equities Group.
The firm acquired six industrial properties in Florida and New Jersey, plus an undeveloped parcel of land in Broward County. The seller was Altman Logistics Properties. The total portfolio covers 1.3 million square feet of space. No other details on the transaction were released.
A JV between Conserve Holdings and Calibogue Capital used the acquisition financing to purchase a multifamily asset in Richmond, Virginia. The purchased asset is a 224-unit apartment complex at 2005 Brook Rd. The seller was MVP Equities.
The owner of a 2.11 million-square-foot Manhattan office and retail building borrowed a $900 million refinancing loan from Goldman Sachs, Deutsche Bank and JPMorgan Chase. Located at 28 Liberty St., both the loan providers and Summit Glory Property declined to comment on the loan.
The firm purchased AXIAL Gateway 95, a 505,068-square-foot warehouse in South Chesterfield, Virginia. The seller was Crescent Communities. Located at 6401 Walthall Industrial Pkwy., AXIAL Gateway 95 was built in 2024 and is fully-leased. The warehouse includes 36-foot clear heights, 66 dock doors and a rear-load configuration with an 185-foot truck court depth.
The developer bought the 100,056-square-foot, two-story retail building at 245 Duffield St. from E&R Duffield Holdings Associates. The seller had owned the property since 1992, property records show. Golden Stone plans to build residential units on the site, though it's unclear how many will be buillt.
Facing foreclosure on its development site in Boca Raton, Penn-Florida Companies sold the 1-acre lot previously planned for an assisted living facility. Located at 375 East Royal Palm Rd., the buyer was SobelCo.The firm also purchased the adjacent 0.2-acre vacant site at 343 East Royal Palm Rd. for $3.1 million from McFillin of Delray Beach. SobelCo is expected to develop the sites into residential living space.
The financial institution sold the property at 140 Fulton Street to Rivington Company. The buyer didn't specify plans but is expected to build a hotel. The site previously held a six-story building, which was demolished.
The firm sold the retail building at the landmarked 542 Broadway in SoHo to Benenson Capital Partners. 542 Broadway is a six-story, prewar building that opened in 1900. The building's 7,225 square-foot retail portion is currently 100% occupied by New Balance.
The company purchased the 22-story 260 Madison Ave. office asset from Sapir. The 1950s-era building is 68% leased, but AmTrust plans to invest $60 to $70 million to stabilize and lease the building. Sapir has owned the building since 1997.
A JV between Hyperion Group and Lawrence Benenson bought the multifamily property The Centre. The building stands 16 stories with 314 rental units and is at full occupancy. Amenities include a rooftop pool, residential lounge and a glass-enclosed fitness center. The seller was undisclosed.
The commercial real estate brokerage used the loan to acquire a 144,263-square-foot medical office building in Brooklyn's Borough Park neighborhood. Located at 6201 15th Ave., the building underwent a full renovation in 2010 and occupies a 0.83-acre parcel, with an additional 0.19-acre surface parking lot providing 25 spaces. The loan was provided by Webster Bank and the seller was undisclosed.
The firm purchased Hotel Vetiver, located at 29-11 39th Ave. in Queens. The seller was Long Island City Partners, which purchased the site in 2007 for $685,000. Hotel Vetiver was closed during the pandemic.
The private industrial investment firm bought the 21,000-square-foot facility at 173 Amboy Rd. The facility was constructed in 1988 and the property includes 4.8 acres of outdoor storage space. The seller wasn't disclosed.
A JV between Infinite Global Real Estate Partners and Buttonwood Development scooped up an office building in Midtown Manhattan with plans to implement a residential conversion. The JV will transform the building at 29 W. 35th St., which was previously foreclosed upon, into a 107-unit apartment complex. Residential units will exclusively come in studio formats. The seller and sale price were undisclosed.
Link Logistics sold the warehouses in Boulden Interchange Park for $41.4 million, the facilities in Interchange Business Park for $40.5 million and the buildings in Pencader Corporate Center for $38.8 million. The warehouses measure on average approximately 121,000 square feet, having an average age of more than 26 years. The tenant roster includes an assortment of shipping companies and manufacturers.
Quarry Center sold a 222,512-square-foot shopping center located in Havertown. Giant Food and Lowe's Home Improvement anchor the property, which was fully leased at the time of sale. The center was originally built in 2013 and was sold to a undisclosed buyer.
The loan covers the office campus between 9200 and 9500 South Dadeland Blvd., an 8.3-acre property that includes three buildings built between 1979 and 1982. The office will be converted into 212 apartments. Keystone Property purchased the property for $36 million in 2017.
The loan is to refinance Apex Posner Park Apartments, a 314-unit luxury apartment community located in Davenport, Florida. Located at 5014 Apex Circle, the property was originally built in 2023 and is 98.4% occupied. The community features an outdoor firepit, hammock garden, saltwater pool, playground, a car care bay, as well as a fitness center with classes.
A JV between Childress Klein and Ascentris obtained the loan for Waverly, a 218,657-square-foot shopping center in Charlotte, North Carolina. Located at 7404 Waverly Walk Ave., the retail property is part of a 90-acre mixed-use development that also includes a hotel, medical and office spaces, as well as a residential component. A Whole Foods store anchors the shopping center.
The company bought the 102,000-square-foot academic building located at 75 W. Huron St. in Buffalo. The Buffalo School of Culinary Arts & Hospitality Management occupies the entirety of the seven-story building, which was originally built in the late 19th century as a horse livery and was later used as a multi-story parking garage before being transformed into a school. The seller was McGuire Development.
A JV of Taconic Partners, Nuveen Real Estate, Jamestown and a public pension plan secured the loan for the 1.2 million-square-foot Ridge Hill, a retail property in Yonkers. Ridge Hill was built in 2011 at 1 Ridge Hill Blvd. The open-air shopping center, occupying a 74-acre site, the tenant mix includes local and New York City-inspired food and beverage concepts as well as popular lifestyle brands.
A JV between 13th Floor Homes, Rosemurgy Properties, Schmier Property Group and Giles Capital Group made two land purchases in Broward County from a JV between Johns Family Partner and Elster/Rocatica. The sites will be used to build Mainstreet at Coconut Creek, which will include 80,000 square feet of retail space anchored by a grocery store, as well as 792 apartment units, 414 town homes, 148 villas and 296 condominium units. The development will also feature amenities including gathering spaces, children's play areas, a splash pad, a dog park, a performance space and public art.
A JV between TPG Angelo Gordon and Aurora Capital Associates will use the loan to complete its $75 million purchase of 15 Little West 12th Street, a 82,000 square-foot office and retail property in Manhattan's Meatpacking District. 15 Little West 12th Street is a five-story building former warehouse and industrial hub that has been converted multiple times. The seller, Taconic and Square Mile Capital Management, purchased the property in 2010.
The loan is for the refinancing of a 1,016-unit self-storage facility located at 1111 S.W. Pine Island Rd. in Cape Coral. Operated by CubeSmart, the 137,900-square-foot property features a wide range of climate-controlled units and moving supplies for tenants.
A JV between Port Commercial and Cedar Square acquired 916 Commerce Circle, an 80,000-square-foot industrial facility in Hanahan. The seller and sales price weren't disclosed. The rail-served property spans 4.1 acres and features a fully air-conditioned industrial building with 1,600 square feet of office space, eight dock positions with levelers, three 14-foot drive-in doors, epoxy flooring, LED lighting and outdoor storage capabilities.
The firm sold the two-story warehouse at 83-15 24th Ave. and the adjacent parking lot at 83-84 23rd Ave. in Queens, New York. The buyer was an investment fund managed by Morgan Stanley Real Estate Investing. The industrial property, located in Queens' East Elmhurst neighborhood, comprises an 116,596-square-foot facility across two parcels and a 1.7-acre parking lot, all 100% leased to FedEx.
A JV between PCCP and Stonemont Financial Group landed the bridge financing for their 295,506-square-foot industrial property in Northern New Jersey. Built on a 17.7-acre site at 122 Eighth St. in 2024, Passaic Logistics Center features a clear height of 40 feet, 40 dock-high doors, 130-foot truck court depths and parking for 55 trailers and 167 cars.
The firm sold Edgewater Towne Center, a mixed-use property featuring 76,525 square feet of retail space and 64 market-rate apartments. Anchored by Whole Foods Market, the retail portion was 98% leased at the time of sale and the residential component was 94%.
First Atlantic sold a portfolio of two affordable seniors housing properties totaling 169 units in Connecticut. Residences at both the 116-unit Kimberly Place in Danbury and the 53-unit One Leonard in Norwalk are reserved for renters age 62 and above. The buyer was Heritage Housing.
The loan is for the refinancing of 1885 Atlantic Ave., an 89-unit apartment building in Brooklyn. The property is located in the Stuyvesant Heights neighborhood and offers studio, one-, two- and three-bedroom units. According to StreetEasy, amenities include a fitness center, rooftop deck, media room, package room and onsite laundry facilities.
The loan is for the refinancing of the 1,016-unit self-storage facility located at 1111 S.W. Pine Island Rd. in Cape Coral, Florida. Operated by CubeSmart, the 137,900-square-foot property features a wide range of climate-controlled units and moving supplies for tenants.
Pivotal Rail Products sold the complex at 7900 Belfort Parkway. Corebridge Real Estate Investors was the buyer. The 4.96-acre property includes two buildings, totaling 82,596 square feet of space, developed in 1989.
A JV between Jamestown, Taconic Partners and Nuveen Real Estate secured the loan to refinance Ridge Hill, an open-air retail center in Yonkers, N.Y. Located at 1 Ridge Hill Blvd., Ridge Hill opened in 2011 and includes several national retailers. The JV acquired Ridge Hill in 2022.
The firm purchased the 18-acre Watertown Mall, in Watertown, Massachusetts, from Alexandria Real Estate Equities, which acquired it in 2021 for $130 million. Main tenants include Best Buy and Target. The seller planned to convert the mall into office space, but the buyer didn't confirm it would follow through on those plans.
The developer acquired five Upper East Side properties at the intersection of East 79th St. and Lexington Ave. Sold by W Financial in an all-cash deal, the properties include 150 East 79th St., 152 East 79th St., 154 East 79th St.t, 1135 Lexington Ave. and 1131 Lexington Ave. Closer Properties will demolish the existing structures in the first quarter of 2026 and begin developing a residential building that will feature a full suite of amenities as well as ground-floor retail.
The firm used the loan to acquire the Doral Inn & Suites Miami, located at 1212 NW 82nd Ave. in Miami. Ratia says the 112-key hospitality asset is surrounded by retail amenities and is in close proximity to Miami International Airport. The seller was undisclosed.
The firm landed the permanent financing for Elm & Main, a 23,954-square-foot mixed-use office and retail center located in Westport, Connecticut. Originally built in 1963, Elm & Main features 12,010 square feet of ground-floor retail and 11,944 square feet of second-floor office space, along with 28 parking spaces. The center is fully leased.
The firm acquired Castle Shops, a 37,309-square-foot retail strip center located in Chesapeake. Dollar Tree anchors the two-building property, which was fully leased at the time of sale. Additional tenants include CHKD Thrift Store, Boost Mobile and Liberty Tax. The seller was undisclosed.
The firm refinanced its 817 Broadway office building near Union Square. Taconic bought the 14-story, 139,000-square-foot building at the corner of East 12th St. for $109 million in 2016. The building is 99% leased.
A JV between 13th Floor Homes, Rosemurgy Properties, Schmier Property Group and Giles Capital Group bought 170 acres in Coconut Creek, which is slated for a $1 billion-plus master planned community. The seller was Johns Family Partners. The JV is planning Mainstreet at Coconut Creek, which will include 80,000 square feet of grocery-anchored retail space, 792 apartments, 414 townhomes, 148 villas and 296 condominiums across 12 city blocks.
The firm bought the hotel at 130 W. 44th St. The Chatwal Hotel, a 120-year-old property, is part of the Unbound Collection by Hyatt and was sold by Adams Hotels International. The seller had owned the property since 2013.
The company sold 423 88th St. to the Abed family. The commercial site is located between 4th and 5th Ave. and spans about 187,000 square feet overall, which includes both commercial space across and parking. The Abed family hasn't divulged its plans for 423 88th St.
The firm purchased Holland Tower, located at 2221 Edward Holland Dr. in Richmond, Virginia. The six-story, nearly 200,000-square-foot office building is roughly 50% leased. The seller was Robinson Development Group.
Chopp Holdings has sold an 89,100-square-foot office building in Morris Plains, located west of New York City. The three-story building sits on a 16.5-acre site at 201 Littleton Rd. The building recently underwent capital improvements.
The loan will refinance a Sixth Ave. tower, where Vanbarton recently converted several former WeWork office floors into apartments. The 455-unit building is located at 980 Sixth Ave., which Varbarton bought for $316 million in 2018. The loan replaces a $273 million one from Blackstone's mortgage trust.
The loan is for the refinancing of Forma Miami, a 588-unit mixed-use apartment building in the city's Edgewater neighborhood. Residences at Forma Miami come in studio, one-, two- and three-bedroom units, with each featuring smart-home technology. Amenities include both lounging and lap pools, a dog lounge, a pickleball court, a meditation room, a sports bar/beer garden, a game room and a rooftop terrace with a private bar/lounge.
The loan is for the refinancing of an industrial building in Brooklyn. The building at 630 Flushing Ave., which sits on a 7.8-acre, three-parcel site, totals roughly 575,000 square feet. The building was originally constructed in 1849 as the headquarters of Pfizer and was 88% leased at the time of the loan closing.
The developer purchased a 178,000-square-foot assemblage at 75 Maiden Lane and 13 Gold St. for a combined $45.2 million from A.M. Property Holding. CSC paid $40.2 million for 75 Maiden Lane and $5 million for 13 Gold St. CSC aims to convert the office space into residential units.
The retailer bought the shopping center at 650 Main Ave. in Norwalk, Connecticut. Walmart anchors the 160,000 square-foot center. Walmart said it purchased the center so it can serve its customers "in the long-term."
The firm sold the 188,975-square-foot commercial building at 423 88th St. The building features 123,729 square feet of parking across six stories with two roof decks. The space also includes 62,792 square feet of office.
A JV between The Community Builders, Ascendant Neighborhood Development and the New York City Housing Authority will perform a $272.6 million affordable housing renovation project in East Harlem. The project will rehabilitate 523 apartments housed across four buildings within two complexes, Metro North Plaza and Gaylord White Houses, and which are home to about 800 residents. The project will preserve the affordability of the units and will also repair and enhance outdoor and shared indoor spaces, common outdoor areas grounds and building infrastructural systems.