Crain’s Chicago Business Two apartment properties in Evanston, Ill, about 13 miles north of Chicago have been placed on the sales market Invesco Real Estate is offering for sale the 1717, a 175-unit apartment property at 1717 Ridge Ave The...
Atlanta Business Chronicle The 763-room Sheraton Atlanta Hotel has been brought to the sales market Arden Group owns the property, which sits on five acres at 165 Courtland St NE The Philadelphia real estate fund manager has hired JLL to market the...
Triangle Town Center, a 13 million-square-foot shopping mall in Raleigh, NC, is being offered for sale, three full years after its $1014 million of CMBS financing was transferred to special servicing as it wasn't going to be paid off at its maturity...
Unibail-Rodamco-Westfield, which owns 31 shopping centers in the United States, said it has put a "taskforce" in place to "deliver a radical reduction" of its exposure to the United States It already has put in motion a plan to give back four...
Commercial Real Estate Direct Staff Report Boston Properties Inc plans to assume the $2023 million CMBS loan against 360 Park Ave South, a 451,800-square-foot office building in Manhattan As reported, the Boston REIT has agreed to acquire the...
Commercial Real Estate Direct Staff Report An affiliate of Procaccianti Cos is in talks to possibly turn over, in a deed-in-lieu of foreclosure, the Hilton Suites Chicago Magnificent Mile to the CMBS trust that holds a $6997 million matured loan...
Two executives of the entity that owns a dozen medical-office properties in New Jersey and Florida, whose $7767 million of CMBS financing has been in special servicing for two full years, are alleged to have misrepresented the properties' financial...
Crain’s Chicago Business Moceri + Roszak is offering for sale Parkline Chicago, a 189-unit apartment property in Chicago The local developer has hired CBRE to market the property, which opened earlier this year and is 96 percent occupied The...
A total of at least $12 billion of CMBS financing against eight regional malls matured in recent weeks without getting retired The number shows just how difficult it is for malls, particularly those anchored by Macy's, JCPenney and Sears, to attract...
Dallas Morning News High Street Residential is offering for sale M-Line Tower, a 261-unit luxury apartment property in Dallas’ Uptown neighborhood The Trammell Crow Co affiliate has hired CBRE to market the 20-story building, which opened in...
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.
Subscribe to our Weekly Newsletter!
