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HORSHAM, PA—Subsidiaries of Hong Kong-based Chevalier Group have refinanced a portfolio of 15 seniors housing communities in North Carolina. The $85.9 million in mortgage financing for the properties was originated by Berkadia Commercial Mortgage LLC.
EDGEWATER, NJ—A venture of Chicago-based Waterton Associates and Clal US, a wholly owned subsidiary of Clal Insurance of Israel, has acquired the recently constructed Infinity Apartments property here.
PHILADELPHIA—Local developer Bart Blatstein is said to be acquiring the site that was to be the home of a Foxwoods casino in South Philadelphia for $13 million.
NEW YORK CITY—The US Drug Enforcement Administration's New York Organized Crime Drug Enforcement Strike Force will reportedly lease 56,000 square feet of space at Brookfield Place in Lower Manhattan.
BALTIMORE-The $1.8-billion Harbor Point project is at the cusp of receiving final approvals that will allow construction to begin on the massive waterfront project that will include the development of a new headquarters for Exelon Corp.
DEVENS, MA—Inland Real Estate Trust Inc. has appointed commercial real estate services firm Avison Young as its sales agent for its 183,900-square-foot distribution facility at 235 Barnum Road here.
PHILADELPHIA—Rubenstein Partners has acquired the Penn Mutual Towers building here and has retained Newmark Grubb Knight Frank as the exclusive leasing agent for the historic property.
NEW YORK CITY—The Eretz Group, owner of 295 Madison Ave. has retained Cushman & Wakefield as the leasing agent for the office tower located one block from Grand Central Terminal and Bryant Park.