Commercial Real Estate Direct Staff Report Deutsche Bank has filed a foreclosure suit against the owner of the 500,000-square-foot Kaufman Astoria Studios Campus in Queens, NY The bank provided $340 million of mortgage financing to fund the...
South Florida Business Journal CIM Real Estate Credit has filed a foreclosure suit against the owner of the Goodtime Hotel in Miami Beach, Fla The 266-room property, at 601 Washington Ave, serves as collateral for a $164 million mortgage that the...
Commercial Real Estate Direct Staff Report Romspen Holdings Inc has placed the $54 million stalking horse bid for the equity interest in the entity that owns the former Motorola campus in Austin, Texas Bids are due today The property, which sits on...
Crain’s New York Business The five CMBS trusts that hold portions of a $215 million mortgage against 681 Fifth Ave in Midtown Manhattan took title to the 82,573-square-foot mixed-use building at a foreclosure auction on Tuesday The property...
South Florida Business Journal Emerald Creek Capital has filed a foreclosure lawsuit against the owner of the 81-unit Hillsboro Beach Resort in Hillsboro Beach, Fla, about eight miles southeast of Boca Raton, Fla The New York lender provided $26...
Commercial Real Estate Direct Staff Report BDT & MSD Partners, which holds a loan with a $165 million total commitment that it provided in 2022 to fund the construction of a 380-unit apartment property at 44-02 Vernon Blvd in the Long Island...
Commercial Real Estate Direct Staff Report The 220,000-square-foot 345 Seventh Ave office building in Manhattan’s Penn Plaza area is being offered for sale through a uniform commercial code foreclosure Benefit Street Partners...
San Antonio Business Journal The Thompson San Antonio – Riverwalk hotel is scheduled to be offered at a foreclosure auction March 3 at the Bexar County Courthouse DC Partners developed the property in 2021 at 115 Lexington Ave It consists of...
Dallas Morning News Starwood Property Trust has taken through foreclosure the National, a 52-story mixed-use building in downtown Dallas The property’s previous owner, local developer Todd Interests, owed about $230 million of debt against the...
Crain’s Chicago Business An affiliate of AmTrust RE has handed over the 900,000-square-foot office property at 33 West Monroe St in Chicago to its lender through a deed-in-lieu of foreclosure The lender, Kohan Retail Investment Group, bought...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
