Monroe News-Star The Pecanland Mall in Monroe, La, is losing one of its largest tenants as Cinemark movie theater recently announced it’s vacating the 23,170 square feet it occupies when its lease expires at the end of the year The movie...
The $8673 million loan against the 543-room Hilton San Francisco Financial District hotel has transferred to special servicing as its collateral continues to underperform and its maturity...
Crain’s New York Business SL Green Realty Corp might be gearing up to spin off a stake in some of its Manhattan office properties, including the 13 million-square-foot 280 Park Ave Andrew Goldfarb, an analyst with Piper Sandler, noted that the...
Denver Energy Center, a two-building office property with 770,583 square feet in Denver's Uptown area, failed to sell recently, which could very well make it a drag on the CMBS deal that had held a $9722 million loan against it The offering marks...
Vornado Realty Trust, which carries a total of $1031 billion of debt on its balance sheet, faces the maturity of just more than $4 billion of mortgages through 2025 A total of $105 billion of that is against properties it wholly owns, with the...
Commercial Real Estate Direct Staff Report The owner of a portfolio of five West Texas office buildings has plans to turn the properties over to its lender That’s according to a TreppWire report this morning, which cited comments from the...
Commercial Real Estate Direct Staff Report Occupancy at Essex Property Trust’s portfolio of 252 apartment properties with 62,000 units in California and Seattle had declined last month to 959 percent from 964 percent in the third quarter and...
Commercial Real Estate Direct Staff Report The Nashua Mall in Nashua, NH, has continued to suffer from occupancy declines, impacting its ability to refinance its $37 million mortgage, which matured earlier this month The 311,313-square-foot retail...
Commercial Real Estate Direct Staff Report The Wanamaker Building, a historic property with 954,363 square feet of office space in downtown, or Center City, Philadelphia, has had its appraised value slashed by 71 percent, to $524 million The latest...
Commercial Real Estate Direct Staff Report The $8588 million CMBS loan against the Fashion Outlets of Niagara Falls has formally transferred to special servicer Midland Loan Services as it’s expected to default at its maturity next month The...
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