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NEW YORK CITY — SL Green Realty Corp. (NYSE: SLG) has completed the purchase of the 11 Madison Ave. office building in New York for $2.6 billion, which includes $300 million in costs associated with improvements to the property. The acquisition has been financed with $1.4 billion of 10-year, interest-only, fixed-rate financing at a rate of 3.8 percent annually. The 29-story Art Deco-style building serves as the U.S. headquarters for Sony and Credit Suisse AG. It spans 2.3 million square feet and is located between East 24th and 25th streets. CBRE’s Darcy Stacom and Bill Shanahan brokered the transaction. The seller is a partnership of the Sapir Organization and the CIM Group. SL Green funded acquisition of the iconic property through a combination of property sales, joint ventures, new financing and existing property debt refinancings, while retaining cash for other investments in the pipeline. The company previously sold Tower 45, a 440,000-square-foot office building at 120 W. 45th St., for $365 million. SL Green also previously sold 80 percent of its ownership interest in a 73,000-square-foot mixed-use asset located at 131-137 Spring St. in SoHo to Invesco Real Estate. SL Green will retain a 20 percent ownership interest in the …

SAN BRUNO, CALIF. — QIC, one of the largest institutional investment managers in Australia, has acquired the Shops at Tanforan in the San Francisco Bay Area suburb of San Bruno for $174 million. The 970,000-square-foot shopping center was acquired from Breevast BV by what is being described as a “major Australian client.” The Shops of Tanforan’s anchor tenants include Sears, Target, JC Penney and Century Theatres. San Bruno is located 13 miles south of San Francisco, near major tech companies such as Facebook and Apple. “The U.S. market is opportunity-rich, and the combination of QIC’s on-the-ground office in Los Angeles and teams around the world will continue to enable us to source high-quality assets for our clients,” says Matthew Strotton, head of U.S. funds and investments for QIC. The Shops at Tanforan is the 10th U.S. retail property QIC has invested into on behalf of its Australian clients over the last 18 months. Earlier this year, QIC assisted AustralianSuper — one of Australia’s largest pension funds — in acquiring a 25 percent stake in Honolulu’s Ala Moana Centre for approximately $1.1 billion. The acquisition of The Shops at Tanforan, which represents QIC’s first 100 percent-owned U.S. property, is a part …

BOSTON ­— Blackstone Group LP (NYSE: BX) has agreed to sell two office buildings in Boston’s Back Bay area for approximately $1.3 billion. The properties at 500 Boylston St. and 222 Berkeley St. will be acquired by a unit of JPMorgan Chase & Co. and Oxford Properties Group, according to Bloomberg Business. The properties reportedly attracted substantial interest from investors, including real estate investment trusts and sovereign-wealth funds. 500 Boylston St. is a 25-story, 706-862-square-foot building. Major tenants include Marshalls, MFS Investment Management, Newstar Financial, Talbots and Visnick & Caufield. 222 Berkley St. is a 22-story, 519,608-square building that shares a 1,000-car parking garage with 500 Boylston St. Tenants include, Bank of New York, HLM Management, Houghton Mifflin, Summit Partners and Regiment Capital. Blackstone has been selling office assets to take advantage of fierce demand for prime properties in major coastal markets. In April, Blackstone sold 26 Northern California properties totaling 8.2 million square feet, along with two development parcels, to Hudson Pacific Properties Inc. Blackstone’s sale of 500 Boylston St. and 222 Berkeley St. is expected to close in September. Blackstone’s stock closed Thursday, Aug. 13 at $38.16 per share, up from $33.54 a share a year ago.

INDIANAPOLIS — Simon Property Group (NYSE: SPG) continues to add to its massive retail portfolio with the opening of two new projects: Gloucester Premium Outlets in Gloucester Township, N.J., and the expansion of San Francisco Premium Outlets. With the expansion, San Francisco Premium Outlets is now the largest outlet center in California. The new 376,000-square-foot outlet mall in Gloucester Township serves shoppers in southern New Jersey and metro Philadelphia. The single-level, outdoor village-style shopping center features a racetrack design and a Market Hall that offers dining options, indoor and outdoor seating, a media center with flat screen televisions and free Wi-Fi. The mall’s tenant roster includes Armani Outlet, Banana Republic Factory Store, Calvin Klein, Cole Haan, Columbia Sportswear, Lucky Brand, Nike Factory Store, Puma, Tommy Hilfiger, Under Armour and Vera Bradley. On the other side of the country, Simon has opened the 185,000-square-foot expansion of San Francisco Premium Outlets, an upscale outlet mall in San Francisco featuring retailers such as Burberry, Coach, Kate Spade New York, MaxMara, Michael Kors and Prada. The expansion adds 30 new stores to the development, including CH Carolina Herrera, Catimini, ECCO, Rag & Bone New York, Scotch & Soda, Ted Baker London, Tory Burch, UGG …

FAIRFIELD, CONN. — In a deal totaling $9 billion, Capital One Financial Corp. (NYSE: COF) has acquired $8.5 billion of healthcare-related loans from GE (NYSE: GE), along with the company’s Healthcare Financial Services (HFS) U.S. lending business. In a separate transaction, an unnamed buyer purchased $600 million of HFS real estate equity investments from GE. HFS provides financing to U.S. healthcare companies, sponsors, investors and developers across healthcare sectors including seniors housing, hospitals, medical offices, outpatient services, pharmaceuticals and medical devices. Darren Alcus, president and CEO of HFS, will join Capital One. Capital One also will retain the HFS management team and employees. “We’re pleased to sell HFS to a company that is committed to expanding the business,” says Keith Sherin, CEO of GE. “Our customers, sponsors and HFS employees will benefit from the synergies of combining Capital One’s existing healthcare lending businesses with the expertise, relationships and experience of our highly regarded HFS team.” GE is looking to focus on its industrial businesses and is selling most GE Capital assets. GE and its board of directors have determined that market conditions are favorable to pursue disposition of those assets. “We are on track to reduce our ending net investment …

DALLAS — CNL Healthcare Properties has purchased a five-property seniors housing portfolio totaling 709 units for $195 million. Dallas-based HFF marketed the portfolio located in the Southeast and Southwest on behalf of the seller, AEW Capital Management LP and its affiliate AEW Senior Housing Investors LP. Ryan Maconachy and Chad Lavender, managing directors for HFF, represented the seller. Properties in the portfolio include Parc at Duluth in Duluth, Ga.; Parc at Piedmont in Marietta, Ga.; The Blake at Gulf Breeze in Gulf Breeze, Fla. (now known as The Beacon at Gulf Breeze); Pavilion at Great Hills in Austin, Texas; and The Hampton at Meadow Place in Stafford, Texas. The portfolio encompasses a mix of independent living, assisted living and memory care units, which are 93.1 percent leased overall. Boston-based AEW Capital Management provides real estate investment management services to investors worldwide. Founded in 1981, AEW and its affiliates manage more than $47 billion of property and securities in North America, Europe and Asia. Orlando, Fla.-based CNL is a non-traded REIT that focuses on acquiring properties in the seniors housing and healthcare sectors. During the first seven months of 2015, CNL invested approximately $540 million in 25 medical office buildings and …