Commercial Real Estate Direct Staff Report SL Green Realty Corp reported a decline in occupancy in the second quarter, to 92 percent from 927 percent in the first quarter Meanwhile, the New York REIT, which owns 64 office buildings with 344 million...
Simon Property Group, which in December had retired $82388 million of CMBS loans against nine of its malls, still faces seven CMBS loan maturities totaling $102 billion this year, according to analysis by Barclays Capital In total, the Indianapolis...
Xenia Hotels & Resorts Inc has issued $300 million of five-year senior secured notes with a coupon of 6375 percent The Orlando, Fla, REIT used some of the proceeds from the private offering, which priced at par, to repay about $194 million...
CBL & Associates Properties Inc on Wednesday became current on the missed debt-service payments against $11 billion of unsecured debt it carries It used cash on hand to make the $304 million of payments it had...
Commercial Real Estate Direct Staff Report Alexandria Real Estate Equities has priced a $1 billion offering of 13-year unsecured notes with a coupon of 1875 percent Proceeds from the issue will be used to retire a $500 million issue of unsecured...
Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston Healthpeak Properties Inc is developing the five-story property at 7500 Fannin St It already is 36 percent preleased and will include a...
CBL & Associates Properties Inc said it didn't make the $186 million interest payment that was due yesterday on an issue of senior unsecured notes that mature in December 2026 Earlier this month, the Chattanooga REIT missed an $118 million...
CBL & Associates Properties Inc said it didn't make the $118 million interest payment that was due June 1 on an issue of senior unsecured notes it has outstanding It said it failed to make the payment in order to "advance discussions with its...
Commercial Real Estate Direct Staff Report Ladder Capital Corp has increased its cash position to $830 million from $358 million at the end of March It's also increased the volume of assets on its balance sheet that are unencumbered by debt to $26...
Commercial Real Estate Direct Staff Report Boston Properties Inc, which last week said it was positioning itself to take advantage of potentially attractive investment opportunities stemming from the coronavirus pandemic, sold $125 billion of...
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