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Home > Wachovia Provides $600Mln for 11 Madison Ave.
Commercial Real Estate Direct Staff Report The Herald Center mixed-use property, with 249,063 square feet in Manhattan, has had its appraised value lowered by 52 percent to $276 million That’s just $31 million more than is owed against the...
Commercial Real Estate Direct Staff Report The $2065 million of CMBS financing against Cascade Station I & II, a 127,718-square-foot office property in Portland, Ore, has been sent to special servicing as it wasn’t paid off at its maturity...
Commercial Real Estate Direct Staff Report The $1685 million CMBS loan against the 536,520-square-foot office property at 522 Fifth Ave, which hasn’t received a payment since January, has transferred to special servicing In addition, the...
The Real Deal Monarch Alternative Capital has taken a stake in the limited liability company that owns Pendry West Hollywood, a 149-room hotel and 40-unit condominium property at 8430 Sunset Blvd in West Hollywood, Calif That LLC is comprised of...
Houston Business Journal The 284,896-square-foot office building at 2425 West Loop South in Houston is being offered for sale at a bankruptcy auction Hilco Real Estate Sales of Northbrook, Ill, is overseeing the auction Bids for the 11-story...
Commercial Real Estate Direct Staff Report Procaccianti Hotel REIT Inc has lined up $2367 million of financing from Liberty Bank, allowing it to refinance a pair of CMBS loans totaling $2303 million against a pair of its hotels, in St Petersburg,...
Vornado Realty Trust might very well pay off, with cash, the $500 million mortgage against its 731 Lexington Ave office building in midtown Manhattan The loan pays a coupon pegged to the Prime rate, which the New York REIT has capped at 6 percent,...
JPMorgan Chase Bank has lent $23207 million against the 1,193-unit apartment property at 3333 Broadway in the Harlem section of Manhattan The 49-year-old property, with five buildings near Columbia University’s Morningside Heights campus, is...
REBusiness Online Neology Development has lined up $545 million of financing against the Pier 19 Residences & Marina, a 199-unit apartment property in downtown Miami Apollo provided the five-year loan, which has a fixed rate and was arranged by...
BisNow CGI Merchant Group, the owner of the Waldorf Astoria Hotel at 1100 Pennsylvania Ave NW in Washington, DC, has defaulted on the property’s mortgage, prompting its lender, BDT & MSD Partners, to schedule a foreclosure auction for June...
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© 2023 Commercial Real Estate Direct All rights reserved..
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