Yad Healthcare purchased the Clayton Rehabilitation and Healthcare Center at 204 Dairy Rd. and the Wilson Healthcare and Rehabilitation Center at 2501 Downing St. SW, for $19.7 million and $18.2 million, respectively. The seller was Cammeby's. Neither party commented on the transaction.
The loan is for the refinancing of the Custom House Block and Gardiner Building at Long Wharf, a mixed-use office and retail asset located at 66 Long Wharf in Boston. The Custom House Block was originally built in 1848 and the Gardiner Building in 1760. Capital Properties recently renovated both buildings into office and retail space while preserving architectural integrity and historical significance.
The company bought Celebration Office Center, a two-building office complex located at 1170 and 1180 Celebration Blvd. in Central Fla. The buyer was TMT Properties. Built in 2000 and 2001, the property is situated within the Celebration master-planned community and in close proximity to Walt Disney World and Universal Studios.
The 107-unit Sail Cloth Factory loft apartments was sold to an undisclosed buyer. The seller renovated the apartments around 2020 and upgraded the units with gourmet kitchens, improved flooring and other amenities like washers and dryers in each apartment. The four-story brick building dates back to 1911, when it first opened as a manufacturing plant for ship sail cloths.
A JV between Compass, Polsinelli-Graff and Corcoran closed the sale of 238 Mulberry St., a mixed-use building in Manhattan's Nolita neighborhood. The buyer was not identified. The property features ground-floor retail, two full-floor apartments and a penthouse duplex.
The firm acquired 43035 Little River Turnpike, a 232,500-square-foot facility built in 2024 in Chantilly, Va. The warehouse sits on about 15.5 acres near Dulles International Airport, at the intersection of Route 50 and Loudoun County Parkway. The seller was Elion Partners.
The firm acquired Pinewood Square, the 204,000-square-foot property at 6330 Lantana Rd. in Greenacres. The complex, which is 99% leased to 42 tenants, features a 96,586-square-foot anchor structure as well as six outparcel buildings totaling 24,279 square feet. The seller was a JV between Principal Asset Management and Woolbright Development.
A JV between Certares Real Estate Management and Monomoy Property Ventures will use the loan to refinance the 250-room Ashore Resort & Beach Club. Certares and Monomoy acquired the hotel in 2022 and performed renovations in 2023. Ashore Resort & Beach Club's amenities include an outdoor swimming pool, a fitness center, a business center and 34,600 square feet of indoor meeting and event space.
The company bought the property at 1155 Lavista Rd. from LHNH LaVista. The seller purchased the property in 2021 for $90 million. The site houses an apartment building, The Reserve at LaVista Walk, which was partially demolished in 2024 due to a fire and was set for redevelopment.
The company bought the five-story, 52,676-square-foot office building from the American Red Cross. Eclipse's plans for the property are still being formed, but it's expected to be a multifamily build. The property is on the northeast corner of 23rd and Chestnut streets.
The 15,000-square-foot property, located at 9 Bruckner, was sold to buyers Fernando Mateo and Steven Rivera. The warehouse includes 10,000 square feet on the ground floor and around 5,000 square feet of mezzanine space. It also features a drive-in loading dock.
20 West 15th Owner acquired the site at 20 W. 15th St. from a JV between Rye and NMR Realty. The site previously held a retail building, which was built in 1920 but demolished several years ago. The buyer is expected to develop a hotel or retail outfit on site.
The company purchased Exton Square, a 990,000-square-foot super-regional shopping center located in Philadelphia. The seller was PREIT. Originally built in 1973, the 75-acre center was renovated in 2000.
The loan for the refinancing of Mi-Place at Brightmoor, the 168-unit second phase of a 312-unit apartment community located in Sicklerville, N.J. The property offers 63 one-bedroom, 84 two-bedroom and 21 three-bedroom units, all furnished. Amenities include a clubhouse, pool, fitness center, game room, community lounge, dog washing area and a playground.
The university closed on 110 S. Blvd., but did not divulge its plans for the site. The seller was a JV between Development Ventures Group and Intown Group, which bought the property for $4.5 million in July 2022. The JV planned to develop student housing on the site, and it's unknown if the university will do the same.
The Toronto-based firm bought Nos. 51 and 57 W. Eighth St. from a private seller. No. 51 is a mixed-use building with 16 rental units and a vacant retail space, which traded for $3.7 million, and No. 57, which also has 16 rental units and a retail aspect, sold for $5.1 million. Owemanco plans to renovate the vacant retail space to attract tenants.
The firm acquired Dulles Design Center, a 1990s-era flex building and its parking and loading lots, at 45449 E. Severn Way. The seller was The Davis Cos., a real estate development and investment firm out of Boston. The site is expected to be redeveloped into a data center.
The company bought the two-parcel apartment community, located at 11530 Wehrle Dr. and 270 Garrison Rd. from Ohri Chawla LLC of Warsaw. The two adjoining parcels, which span 1.2 acres, house four apartment buildings. No other details were released.
The company purchased the shopping center located at 815 W Gate City Blvd. from 77 Investment Group LLC for $2.35 million. The seller was Real Property Management. The shopping center, built in 1996, is nearly completed occupied.
The firm bought the 33-story luxury apartment building at 800 Fifth Ave. from a JV between Spitzer Enterprises and Winter Properties. The roughly 355,000-square-foot tower overlooks Central Park and has vacancies. Naftali plans to renovate the building, but no specifics on the purchase or plans were provided.
The firm bought 1401 H St. NW, a 12-story, 367,591-square-foot McPherson Square office, from Nuveen. The seller acquired the property in 2006 for $205 million from Loeb Partners Realty. The D.C. office, built in 1992 and renovated in 2021, is about 85% leased.
The firm acquired five business parks in Pinellas County, Tampa Bay, from Birtcher Anderson and Davis. The properties were:
The company paid $285,000 per acre for the land at 5100 Raynor Rd. NCTH said it will develop the site but didn't divulge any plans. The seller wasn't disclosed.
Disney bought the 106,196-square-foot building at 1390 Celebration Blvd. in an off-market deal from Celebration Advance. The property was built in 2009. Lincoln Property will handle property management responsibilities for the office building.
Yellow Jack Equities bought the building at 616-624 Flatbush Ave. The 6-story, 60-unit rental property includes ground-floor retail. The building last sold for $14 million in 2015.
The firm bought the 31,755-square-foot building at 7205 Statesville Rd. from Compatriot Capital. The property is leased by Sunbelt Rental, who has a long-term lease. Beacon says the property is a "durable asset," which is something the company is looking to invest in.
The Fannie Mae loan is for Summit Court, a 393-unit multifamily property located in Union, NJ. Summit Court, built in two phases between 2018 and 2023, includes 42 dedicated affordable housing units. The terms of the loan, along with details on its implementation, were not disclosed.
The loan is for the office-to-residential conversion of a 175,000-square-foot office building in Plymouth Meeting, Pa. Located at 500 W. Germantown Pike, Keystone is converting the 1970-built office property into "Monarq," a 149-unit residential building.
A JV between Bristol Group and Butters Construction and Development sold University Place at City Center at 3115 N. University Dr. Essig Holdings already plans to build out high-end office suites within the 204,810-square-foot, 40-year-old office building. The office building's amenities include a fitness center, onsite restaurants, modernized common areas, floor-to-ceiling windows and a modern plug & play call center.
The company bought the five-story residential property at 34 East 61st St. in Lenox Hill from Christian Advocates Serving Evangelism (CASE). CASE bought the property in May 2022 for $16.5 million. The buyer didn't divulge its plans for the property.
A JV between DL Development and Argos Development acquired the Breeze, a three-story mixed-use building in East Williamsburg, Brooklyn. Located at 314 Scholes St., the seller was Hudson Companies. The 100,000-square-foot building is a renovated industrial site with a mix of commercial, industrial and retail tenants.
The 841 Memorial apartment complex in Reynoldstown was sold to an unnamed Chicago-based buyer. The property last sold in 2017 for $13.6 million. Built in 2016, the complex features 80 apartments, offering studio, one- and two-bedroom units.
Bought via a bankruptcy auction, the company bought the shuttered two-story restaurant space at on 0.14 acres near the corner of West Main St. and Highway 15 in Durham County. The previous owners filed for bankruptcy in 2024. The sale is only for the restaurant space, not the entire building, as the second story has residential condos that people own.
PGIM unloaded Crosswinds and Mariner Bay at Annapolis Town Center. The 215-unit Crosswinds at 1903 Towne Centre Blvd. sold for $73 million and the 208-unit Mariner Bay at 1910 Towne Centre Blvd. sold for $87 million. Crosswinds was built in 2013 and totals 223,239 square feet and Mariner Bay, developed in 2008, spans 271,000 square feet.
The photography retailer purchased Brookfield Asset Management's 10-story office building in Manhattan's Garment District. The property is located at 333 West 34th St. B&H is expected to move its operations to the building.
A JV between Corebridge Real Estate Investors and The RMR Group acquired Avana Bayview, a 225-unit property at 1631 South Federal Highway. The 411,173-square-foot complex, built in 2004, holds three five-story buildings. The JV said it's an opportune time to invest in multifamily real estate as they expect the sector to enter into a phase of steady, demand-driven growth.
The brokerage bought the Clemmons Town Center retail development from Main Street Clemmons. The shopping center includes two buildings leased to assorted retail outfits, including a Planet Fitness and an assortment of restuarant options. Linville says the shopping center has a great mix of local and national tenants and they see it as "an asset in the company's backyard."
Leon Industrial bought the 120,000-square-foot industrial facility located near I-77 at 2690 Commerce Dr. in Rock Hill, a suburb of Charlotte. The seller was Graham Capital. Leon also tapped Avison Young to handle leasing of the property moving forward.
The company acquired the Advance Auto Parts tower, located at 4200 Six Forks Rd. The seller was Lionstone Investments of Houston. The 20-story tower is 346,000 square feet and fully leased, with Advance Auto Parts as the anchor tenant.
The Rise at Planation Walk was acquired by Journey Capital Real Estate Partners. Completed in 2021, The Rise is a 569,779-square-foot development consisting of two seven-story apartment buildings with 404 apartments. The apartment building is part of a 32-acre mixed-use phased development that also includes retail and entertainment options nearby.
Shoma Village Apartments in Hialeah, a 451,817-square-foot mixed-use project at 429 Hialeah Dr. in Hialeah, was sold to IMC Equity Group. The seller was Shoma Group. Shoma Village Apartments includes of two eight-story apartment buildings with 304 units and a seven-story parking garage, as well as ground floor retail.
The loan will refinance the Arris Grand, a nine-story, mixed-use complex with 113 apartments in Brooklyn's Clinton Hill neighborhood. Located at 445 Grand Ave., the property features studio to two-bedroom apartments and is 100% leased. Amenities include a rooftop terrace, a fitness center, media and gaming lounges, a pet spa, an outdoor dog run and coworking spaces.
The company acquired Sauer Industrial Center, a 280,000-square-foot distribution center at 943 S. Airport Dr. in Richmond, Va. The building is currently fully leased by two international tenants. Built in 2022 on a 26-acre site, Sauer Industrial Center has 32-foot clear heights, a 200-foot truck court, 46 trailer parking spots and 172 car parking spaces.
The company will use the loan to acquire Marketplace at Braintree, an 85,134-square-foot retail property located in southern Boston. The property is a three-suite condo that is currently fully leased. The seller was undisclosed.
The Village Shoppes at Coconut Creek, a 4.93-acre shopping plaza at 4670-4690 N. State Rd. 7 in Coconut Creek, was sold by Village Shoppes of Coconut Creek Investments. The seller paid $19.6 million for the property in Feb. 2015. The Village Shoppes consists of a 48,000-square-foot main building and an outparcel building rented out to a bank.
The developer offloaded its north Brooklyn mixed-use building, located at 314 Scholes St., to Tri Jay Owner, a limited liability company. Hudson Cos. acquired the roughly 100,000-square-foot building for $27.8 million in 2016. While the building's retail space is fully-leased, office space remains for rent.
The company scooped up three warehouse properties, located at 4574 Dyer Blvd., 4249-4261 Westroads Dr., and 6677-6687 42nd Terrace N. The seller was Brightleaf Property Management. The properties include seven warehouses, built between 1979 and 1997, which the buyer said has historically high occupancy rates with a diverse tenant mix to minimize industry-specific risk.
A limited liability company bought 337 Newbury St. from the firm for $2,800 per square foot. The building previously held a retail business that has since shuttered. Neither the seller nor buyer commented further on the transaction.
The company bought Mary Hardesty House, a 60-unit senior community located at 218 Mosby Blvd. in Berryville, Va. The property is exclusively used for low-income housing for seniors. Community Housing Partners said the property doesn't have any major deferred maintenance or operational challenges, making for an attractive purchase.
The loan is for Alpine's Atlas and Starling, two apartment complexes totaling 208 units in the Bergen-Lafayette section of Jersey City. Located at 270 Johnston St., Atlas comprises 169 apartments, including 11 affordable units. Starling is located at 66 Monitor St. and offers 39 apartments with three affordable units. Both apartments also include ground-floor retail space.
The loan is to finance the acquisition of nearly 16 acres of vacant land on Miami's Biscayne Corridor. The land, which holds a shuttered trailer park, is located at 8500 Biscayne Blvd. 8500 Biscayne Owner plans to construct mixed-use commercial space and residential units on the space.
The company bought Statesville Commerce Center, 263,690-square-foot retail building, from Williams Development Group for $105 per square foot. Statesville Commerce Center is 57% leased. LaSalle says the retail center's location and "modern design" made it an attractive investment to capitalize on the region's continued industrial growth.
The company bought the Courtyard by Marriott Atlanta Buckhead, a 181-room hotel, from RLJ Lodging Trust. The Buckhead Courtyard was built in 1996 and includes about 1,500 square feet of meeting space. Partners said the hotel's recent renovation and a long-term commitment from Marriott give the firm the "perfect starting point to add value for our investors."
The company sold Airport Commerce Park, located at 4101 Ravenswood Rd. in Dania Beach, to a JV between Triarch Capital Group and Axiom Capital Advisors. Covering four flex industrial structures built in 1987, Airport Commerce Park totals 81,188 square feet. The park has space for lease and was recently renovated to update the space.
A JV between 4th Dimension and Kohan Retail Investments sold Seminole Towne Center to The Ardent Cos. Built in 1995, Seminole Towne Center was last purchased for $52.3 million in 2020. The buyers plan to redevelop the mall, which shuttered in early 2025, into a residential building.
The firm bought the 65-acre industrial warehouse campus at 10230-10251 Harry J. Parrish Blvd., for $2.9 million per acre, to build a data center. The seller of the four-parcel assemblage was Pruitt, a general contracting and property management firm. No time-frame was given for the data center's build.
The firm acquired Rivers Bend, a 22-story, 179-unit, apartment building in Manhattan's Upper East Side from Soloviev Group. Located at 501 East 87th St., the building has been open since 1963. The building features a parking garage and a rooftop terrace with a glass-encased indoor swimming pool, and amenities include a fitness center and 24-hour doorman service.
The six-story red-brick structure, which was constructed as a warehouse in 1885 was sold to a limited liability company. Wegweiser and Ehrlich Hold purchased the property in 1985 for $1.7 million. Located at 53 Beach St., the roughly 40,000-square-foot building was occupied by the Montessori School of Manhattan from 2003 until it closed for good in 2017. The building was briefly occupied again in 2023 by WeWork.
LaSalle Investment Management bought the 263,690-square-foot industrial building located at 146 E. Barkley Rd. in Charlotte, N.C. from Williams Development Group. The building is leased to Weinig Holz-Her, a manufacturer, which will remain in the space. The building is part of the Statesville Commerce Center, which was developed by Williams Development Group in 2023.
The company acquired Canterbury Ridge Apartments, a 212-unit community in Canton, Ga., from Dominium. Atlantic Pacific says it will rebrand the property as The Atlantic Canton Ridge, as well as perform interior and exterior upgrades. Completed in 1999, the property is located at 101 Canterbury Rdg. and encompasses eight three-story buildings spread across almost 15 acres.