Kam Sang Co has paid $115 million for the $290 million loan against Wells Fargo Center South, a 12 million-square-foot office property in downtown Los Angeles The Arcadia, Calif, real estate developer acquired the loan from a group of lenders that...
San Francisco Business Times Pendulum Property Partners has paid about $49 million for the debt against 747 Front St in San Francisco’s North Financial District The Irvine, Calif, investment firm’s purchase of the loan, which had a $545...
The Real Deal LA Care, a Los Angeles healthcare provider that occupies all the office space at the mixed-use building at 1200 West 7th Ave in downtown Los Angeles, has purchased a $200 million distressed loan against the 725,000-square-foot property...
The Real Deal JPMorgan Asset Management is looking to sell its 49% stake in the 1 million-square-foot 605 Third Ave office building in Midtown Manhattan The investment manager, which owns its stake in the property on behalf of the Commingled Pension...
Tishman Speyer has purchased the $40 million mezzanine loan that JPMorgan Chase Bank provided to facilitate the $26525 million purchase of the 817,136-square-foot One Dag Hammarskjold Plaza office building in Manhattan The mezzanine loan, which...
Dallas Business Journal B1Bank is offering for sale a $213 million loan against the 275,000‑square‑foot office building that once was home to the Fort Worth Star‑Telegram newspaper in Fort Worth, Texas Mission Capital has been tapped to market...
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...
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.
