Crain’s Chicago Business A venture of Franklin Partners and Bixby Bridge Capital has paid $16 million for the $6816 million of CMBS debt against 200 West Monroe St in Chicago The purchase puts the venture in position to seize the...
Principal Asset Management is offering for sale the $140 million loan against the 306,000-square-foot 700 Sixth St NW office building in Washington, DC The nonperforming loan is being offered through JLL Capital Markets The property is owned by...
Commercial Real Estate Direct Staff Report Lone Star Funds’ $1306 million purchase of the $240 million mortgage against the 359,883-square-foot 600 California St office building in San Francisco resulted in a $14403 million loss to the CMBS...
Apollo Commercial Real Estate Finance Inc has agreed to sell its entire portfolio of commercial mortgages to Athene Holding Ltd, after which it will evaluate pursuing a different business strategy or strategic transaction that could include its...
The Real Deal William Macklowe Co has bought the $46 million loan against 291 Broadway, a 133,000-square-foot office building in the Tribeca section of Manhattan, giving the New York investor a path to take title to the collateral Flagstar Bank sold...
Commercial Real Estate Driect Staff Report Black Diamond Capital Management purchased the distressed $4185 million CMBS loan against the Palisades Center Mall in New York’s Rockland County As reported, the loan’s sale resulted in a...
Commercial Real Estate Direct Staff Report The venture of SL Green Realty Corp and Wharton Properties Co that owns the retail space at the base of 1552-1560 Broadway in the Times Square area of Manhattan has completed the $63 million purchase of the...
The Real Deal Dry Creek Capital has paid $263 million for the $473 million of debt against O’Hare International Center, a 530,000-square-foot office property in Rosemont, Ill, a northwestern suburb of Chicago The Denver company is now in...
Blackstone Real Estate Debt Strategies has purchased a $2 billion portfolio of performing commercial real estate loans from Atlantic Union Bancshares Corp The Blackstone unit paid a price in the low 90% range for the loans, according to Atlantic...
San Francisco Business Times Brookfield has backed out of its deal to acquire the $9315 million loan against 101 Mission St, a 206,455-square-foot office building in San Francisco The deal would have valued the property at around $80 million and...
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.
