Kohan Retail Investment Group has purchased the distressed $627 million loan against the Burnsville Center shopping mall outside of Minneapolis The Great Neck, NY, company paid a total of $20 million for the loan, which was securitized through GS...
Taconic Capital Advisors has purchased the last two assets in the collateral pool of GE Commercial Mortgage Corp, 2007-C1 Those are the 428,629-square-foot 1111 Fannin St office building in Houston that the New York investor bought in a venture with...
Only $262 billion of commercial property sales took place in October, down 146 percent from the $307 billion of volume that took place in September and 522 percent from the $549 billion of deals that were recorded last October, according to Real...
Commercial Observer Hana Financial Investment is offering for sale two performing construction loans against hotel and office projects in Manhattan The Korean lender is looking to sell a $145 million loan against a 98-room hotel that Caspi...
Crain’s New York Business A New York State Supreme Court judge temporarily halted the auction of four junior mezzanine loans that CIM Group had provided against four residential condominium buildings in Manhattan The ruling came after HFZ...
Commercial Real Estate Direct Staff Report The $627 million distressed loan against the Burnsville Center shopping mall in suburban Minneapolis received a winning bid of $171 million at an auction conducted in recent days on the Ten-X Commercial...
Commercial Observer Davidson Kempner Capital Group has acquired the $100 million B-note against One Court Square, a 15 million-square-foot office building in Queens, NY The company bought the note from SL Green Realty Corp Cushman &...
The Real Deal Magna Hospitality is buying the loans against a pair of hotels with a combined 463 rooms in Manhattan The Warwick, RI, investment manager is acquiring a $56 million loan against the 239-room Fairfield Inn & Suites, at 325 West 33rd...
Commercial Real Estate Direct Staff Report The $652 million distressed loan against the Southland Mall near downtown Miami has been put up for sale The loan is the last remaining asset in the collateral pool for JPMorgan Chase Commercial Mortgage...
The Real Deal Citizens Bank is conducting a foreclosure auction in December for the ownership interest in a pair of retail condominium units in Manhattan’s SoHo neighborhood Eastdil Secured is representing the bank, which holds mezzanine debt...
