Log In or Subscribe to read more
Home > Big Loss Expectations Prompt Fitch to Downgrade Classes from 2018 CMBS Deal
A total of 85,921 apartment units were absorbed nationwide in the first quarter, up from 53,210 units at the same time last year, according to Cushman & Wakefield Meanwhile, 116,241 units were delivered through the first three months of 2024,...
Commercial Real Estate Direct Staff Report The $300 million loan against the 527,000-square-foot Santa Monica Place Mall in Santa Monica, Calif, has transferred to special servicer Argentic Services Co as its expected to default at its upcoming...
Commercial Real Estate Direct Staff Report The $12046 million of financing against Yorktown Center, a 787,389-square-foot retail center in Lombard, Ill, has transferred to special servicer KeyBank as it was not paid off at its maturity The transfer...
Commercial Real Estate Direct Staff Report The 205-room Westin Portland hotel in Portland, Ore, was appraised recently at value of $332 million, about 34 percent less than the $5043 million of mortgage debt against it The latest appraisal, which was...
The maturity date for the $108 billion CMBS loan against the 15 million-square-foot office building at 280 Park Ave in midtown Manhattan has been extended to September 2026, with additional options to push it to September 2028 The property is owned...
Commercial Real Estate Direct Staff Report The appraised value of the 359,883-square-foot office property at 600 California St in San Francisco has been lowered to $124 million from the $183 million value pegged to it last July The latest appraised...
Lending volume at the US Department of Housing and Urban Development slowed further during the latest quarter, the second in the agency's fiscal year Only $181 billion of loans were funded during the period, down from $252 billion during the...
Commercial Real Estate Direct Staff Report The 382,256-square-foot office property at 750 Lexington Ave in midtown Manhattan was appraised at a value of $50 million That’s 83 percent lower than the $300 million value pegged to the building in...
Jacksonville Business Journal Cedar Grove Capital has paid $654 million, or about $107,743/unit, for a portfolio of three apartment properties with a total of 607 units in Jacksonville, Fla Limited liability companies linked to an unidentified...
Commercial Real Estate Direct Staff Report The $250 million CMBS loan against the 956,554-square-foot office property at 25 Broadway in Manhattan’s Financial District has transferred to special servicer LNR Partners as it has matured A $130...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..
Subscribe now to keep reading and get access to the full archive.