Four CMBS trusts that hold $13198 million of loans against six Houston-area apartment properties are on the cusp of taking, or already have taken, title to the properties Two loans were originated less than two years...
The Parkhill City apartment complex, with 538 units in the Jamaica section of Queens, NY, has been reappraised at a value of only $1786 million, or nearly half the $325 million value pegged to it in...
South Florida Business Journal A venture of Miami Design District Associates and Raycliff Capital has lined up $125 million of construction financing for the Sweetbird North office and retail project in Miami Credit Agricole Corporate and Investment...
The Real Deal Hudson Bay Capital has provided $1015 million of financing against the first two phases of the Clara Bay Harbour apartment project in Bay Harbor Islands, Fla Walker & Dunlop arranged the financing on behalf of the project’s...
The direct office vacancy rate in the Chicago central business district declined in the second quarter for the first time in 26 quarter, according to Transwestern...
South Florida Business Journal S3 Capital has provided $35 million of financing for the construction of the 162-unit third phase of the Casa Princeton apartment project in Miami Berkadia arranged the two-year, floating-rate loan Aconcagua Developers...
Commercial Real Estate Direct Staff Report The 561-room Hilton Cincinnati Netherland Plaza hotel has been reappraised at a value of $383 million, nearly three times less than the $1055 million value pegged to the 95-year-old property just six years...
Phoenix Business Journal LaPour is planning to convert the 351,600-square-foot Arizona Center office building in downtown Phoenix into a 340-room JW Marriott hotel The 19-story building at 400 East Van Buren St is less than a block from the Phoenix...
The volume of CMBS loans in special servicing last month was just about unchanged from June at $668 billion But as the universe of CMBS grew by more than 1%, the special servicing rate actually declined, to 1109% in July from 112% the preceding...
CMBS lenders appear to be easing their underwriting standards when it comes to leverage levels for office loans that have been securitized through conduit deals...
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