Dallas Morning News Starwood Property Trust has taken through foreclosure the National, a 52-story mixed-use building in downtown Dallas The property’s previous owner, local developer Todd Interests, owed about $230 million of debt against the...
Crain’s Chicago Business An affiliate of AmTrust RE has handed over the 900,000-square-foot office property at 33 West Monroe St in Chicago to its lender through a deed-in-lieu of foreclosure The lender, Kohan Retail Investment Group, bought...
Houston Business Journal Benefit Street Partners has sold the 137,000-square-foot office building at 1400 Ravello Drive in Katy, Texas, at a foreclosure auction late last year The New York lender, an affiliate of Franklin Templeton, sold the...
The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $130 million loan against 90 Hudson St in Jersey City, NJ, could soon take title to the 431,658-square-foot office building Servicer notes compiled by Trepp Inc indicate that the...
Commercial Real Estate Direct Staff Report Palisades Center Mall in New York’s Rockland County is scheduled to be sold at a foreclosure auction on Feb 4 News of the pending foreclosure auction was reported first by the Rockland County Business...
Gothamist The judge overseeing the bankruptcy of 93 apartment buildings with 5,100 units in New York City has blocked an effort by the city’s newly inaugurated mayor to delay a proposed sale of the properties by 30 days Mayor Zohran...
New York City Mayor Zohran Mamdani’s administration wants to ensure that whoever buys the 93 apartment properties with about 5,100 units that Pinnacle Group threw into bankruptcy repairs and maintains them and continues to abide by the...
Commercial Real Estate Direct Staff Report Office Properties Income Trust, which last year expressed doubt about its ability to continue as a going concern, has filed for bankruptcy The filing was made in October in the US Bankruptcy Court for the...
Commercial Real Estate Direct Staff Report American Strategic Investment Co has agreed to turn over to its lender the 247,182-square-foot 1140 Ave of the Americas office building in Midtown Manhattan through a consensual foreclosure The action was...
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.
