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Home > $173Mln CMBS Loan Against Fla. Mixed-Use Property Moves to Special Servicing Again
Commercial Real Estate Direct Staff Report The Oglethorpe Mall in Savannah, Ga, has been re-appraised at a value of $1297 million, just less than the $13328 million that is owed against it Its indebtedness is split into two pieces, with a $7997...
Crain’s Chicago Business Two suburban Chicago apartment properties with a combined 656 units are being offered for sale Broadshore Capital Partners has hired Berkadia to market for sale Ascend St Charles, with 400 units at 100 Lakeside Drive...
CMBS special servicers had 63 loans with a balance of $546 billion transfer to their portfolios last month, the largest monthly volume of transfers in more than two years, according to Trepp Inc A total of $4762 billion is now in special servicing,...
Commercial Real Estate Direct Staff Report The pending departure of American Eagle Outfitters as a tenant at 393-401 Fifth Ave in midtown Manhattan likely will make it challenging for the office building’s $95 million mortgage to get...
Commercial Real Estate Direct Staff Report The 210,002-square-foot industrial property at 940 Ridgebrook Road in the Baltimore suburb of Sparks Glencoe, Md, which last year lost its sole tenant, has been appraised at a value of only $95 million...
Multi-Housing News Rise48 Equity has bought Fielder’s Glen, a 220-unit apartment property in the Dallas suburb of Arlington, Texas Western Wealth Capital sold the 14-building property, which it had acquired in 2021 Marcus & Millichap...
Commercial Real Estate Direct Staff Report Illinois Center, a two-building office complex with 21 million square feet in Chicago’s East Loop submarket that long has struggled with occupancy, last month missed a debt-service payment on its...
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 The Salina Meadows Office Park in Syracuse, NY, which was purchased only two years ago for $375 million, has been appraised at a value of only $123 million The 237,496-square-foot office property is...
San Francisco Chronicle Gemdale USA is offering for sale the 387,599-square-foot office building at 350 Bush St in San Francisco The Pasadena, Calif, developer has hired Eastdil Secured to market the property, which is encumbered by $185 million of...
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© 2023 Commercial Real Estate Direct All rights reserved..
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