Namdar Realty Group is said to have purchased the Emerald Square Mall in North Attleboro, Mass The Great Neck, NY, investor paid $2917 million for the retail property, which was sold by the two CMBS trusts that had held $9452 million of debt against...
Commercial Real Estate Direct Staff Report Commercial property investment-sales volume jumped by 5562 percent in the first quarter when compared with a year ago, to $17085 billion, according to MSCI Real Assets That volume is the greatest for a...
Commercial Real Estate Direct Staff Report Apartment sales volume totaled $63 billion in the first quarter, up 775 percent from the $355 billion of investment volume at the same time last year, according to CBRE Apartment sales were down from the...
The $12394 million of CMBS financing against the Westfield Citrus Park Mall in Tampa, Fla, has been modified as part of a transaction facilitating the property's sale The loan, securitized through Morgan Stanley Bank of America Merrill Lynch Trust,...
Unibail-Rodamco-Westfield's plan to radically reduce its exposure to the United States by the end of next year could end up costing CMBS investors A total of 13 of the company's malls are encumbered by $307 billion of financing that's been...
Commercial Real Estate Direct Staff Report Simon Property Group signed 900 leases totaling 3 million square feet during the first quarter, marking the mall REIT’s most active quarter since 2016 The Indianapolis company said it has another 500...
Nine office properties with 4 million square feet in Chicago's central business district traded in the first quarter for a total of $9465 million, making it the most-active quarter since the second quarter of 2018 In contrast, $8856 million of sales...
The Real Deal Jamestown has lined up $425 million of financing from JPMorgan Chase Bank to help cover the cost of redeveloping One Times Square, a 26-story building in midtown Manhattan that hosts a number of billboards and electronic signs The...
The $140 million CMBS loan against the MainPlace Mall in Santa Ana, Calif, has transferred to special servicing because its owner has asked that its term be extended The loan, securitized through UBS-BAMLL Trust, 2012-WRM, is slated to mature early...
Commercial Real Estate Direct Staff Report Only 49 percent of office workers are expected to return to their Manhattan offices even after Labor Day, according to a survey of 160 major employers by the Partnership for New York City Taken between...
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.
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