Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc has lined up a $43 million mortgage from Bank of Montreal against the 403,671 square feet of retail space that it owns at the 748,094-sf Northwoods Mall in North...
The General Services Administration recently found that none of the 9,766 buildings the government occupies meet the 60% utilization threshold mandated by the USE IT Act, which could accelerate its property disposition...
A total of 41 CMBS loans with a balance of $286 billion were newly transferred to special servicers last month That was among the highest monthly totals of new transfers in more than a year However, the total volume of loans in special servicing...
Charlotte Business Journal CBRE has been tapped to market for sale the Queen City Quarter mixed-use complex in Charlotte, NC The property, formerly known as the EpiCentre, is being marketed on behalf of CWCapital Asset Management, special servicer...
Rialto Capital Advisors was the most active buyer of CMBS conduit B-pieces during the first quarter, taking down the most subordinate bond classes of three of the period's 10...
Charlotte Business Journal Ares Management Corp is offering for sale ThExchange, a 568,811-square-foot office complex in Charlotte, NC The Los Angeles investment manager has tapped CBRE to market the 14-building property It took title to the...
Commercial Real Estate Direct Staff Report Aurora Capital Associates has paid $54 million, or $675/sf, for the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan The Cayre family office, which is led by...
The Real Deal A venture of Nelson Management, JPMorgan & Co, and L+M Fund Management is taking another shot at selling the 256-unit apartment property at 275 South St on the Lower East Side of Manhattan It is now seeking $275 million for the...
A total of 42 domestic, private-label CMBS deals with a balance of $3274 billion were issued during the first quarter, marking the second busiest first quarter since just before the Global Financial...
Crain’s Chicago Business Braemar Hotels & Resorts is offering for sale Sofitel Chicago Magnificent Mile, a 415-unit hotel in the city’s Gold Coast neighborhood The Dallas REIT, formerly known as Ashford Hospitality Prime Inc, hired...
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