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Home > HUD’s Plans for Mortgage Sales Dealt Setback
The Real Deal The $875 million loan against the 182,738-square-foot office property at 292 Madison Ave in midtown Manhattan is being offered for sale through Newmark The loan, with an original balance of $925 million, had been provided by Deutsche...
The Mission Capital unit of Marcus & Millichap has launched marketing of a portfolio of 40 mixed-quality loans with a balance of $141 million on behalf of Ready Capital Corp The New York loan-sales adviser has set a June 13 deadline for indicative...
Ready Capital Corp, which during the first quarter had reclassified $655 million of its loans as "held-for-sale," has roughly $460 million of those on the sales block The New York lender, which specializes in the small- to middle-market sector, is...
Commercial Real Estate Direct Staff Report Beach Point Capital Management has acquired the $112 million CMBS loan against the 284-room Hotel Bossert in Brooklyn, NY The Santa Monica, Calif, investment manager bought the loan from CCRE Commercial...
Commercial Real Estate Direct Staff Report SL Green Realty Corp has struck a deal to sell the 10,400-square-foot retail building at 719 Seventh Ave in the Times Square section of Manhattan for $305 million, or about $2,933/sf The seller was not...
Commercial Observer Yellowstone Real Estate has paid about $200 million for the distressed loan against the 603,928-square-foot office building at 1740 Broadway in Manhattan Midland Loan Services, special servicer for the CMBS trust that holds the...
Commercial Real Estate Direct Staff Report A discounted payoff of the $124 million of mortgage debt encumbering downtown, or Center City, Philadelphia’s historic Wanamaker Building might be in the cards That would help facilitate plans by the...
Commercial Real Estate Direct Staff Report Mission Capital Advisors has started marketing for sale a $238 million nonperforming loan against a San Francisco office building The New York advisory shop, a unit of Marcus & Millichap, wouldn’t...
The venture between Brookfield Corp and Ballast Investment that bought the $45112 million of CMBS loans against 62 apartment properties with 1,734 units in San Francisco that had been owned by Veritas Investments Inc paid $40221 million, or 89...
BisNow The $308 million mortgage against the 603,928-square-foot office building at 1740 Broadway in Manhattan has been put back up for sale through JLL The loan, held by BWAY Mortgage Trust, 2015-1740, had defaulted in September 2022 and was put on...
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© 2023 Commercial Real Estate Direct All rights reserved..
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