Commercial Observer Macquarie Group has leased 221,764 square feet on six floors at 660 Fifth Ave in Manhattan, relocating its Americas regional headquarters from 125 West 55th St It’s the first lease Brookfield Properties has signed for the...
Dallas Morning News A venture of Lincoln Property Co and Blue Star Land is offering for sale a portfolio of three warehouse buildings totaling 422,000 square feet in the Dallas suburb of Frisco, Texas An asking price was not known JLL has the...
Unibail-Rodamco-Westfield's plan to radically reduce its exposure to the United States by the end of next year could end up costing CMBS investors A total of 13 of the company's malls are encumbered by $307 billion of financing that's been...
Multi-Housing News PathStone Development Corp has completed the 157-unit Skyview Apartments in Irondequoit, NY, about five miles north of Rochester, NY The Rochester nonprofit will manage the affordable housing property at 200 Skyview Center Parkway...
Commercial Observer A group of lenders comprised of Citibank, Bank of Montreal, Starwood Property Trust and MF1 Capital has provided $714 million of mortgage financing against two apartment buildings with a total of 829 units on Manhattan’s...
The Real Deal Jamestown has lined up $425 million of financing from JPMorgan Chase Bank to help cover the cost of redeveloping One Times Square, a 26-story building in midtown Manhattan that hosts a number of billboards and electronic signs The...
The $140 million CMBS loan against the MainPlace Mall in Santa Ana, Calif, has transferred to special servicing because its owner has asked that its term be extended The loan, securitized through UBS-BAMLL Trust, 2012-WRM, is slated to mature early...
Crain’s Chicago Business JDL Development is offering for sale the 381-unit Eight Eleven Uptown apartment property in Chicago’s Uptown neighborhood The local company has hired JLL to market the building at 811 West Agatite Ave The...
Crain’s New York Business The Nevins Street Apartments, with 129 units at 50 Nevins St in the Boerum Hill section of Brooklyn, NY, is slated to open soon The $72 million property is comprised of two buildings, one of which had 114,000 square...
The volume of CMBS hotel loans in special servicing last month declined by an impressive 175 percent to $834 billion, according to Trepp Inc That's the lowest volume since before the coronavirus pandemic and helped push the overall volume in special...
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.
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