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Home > Brookfield Warns of Potential Inability to Refi Debt on Los Angeles Offices
Commercial Real Estate Direct Staff Report The Herald Center mixed-use property, with 249,063 square feet in Manhattan, has had its appraised value lowered by 52 percent to $276 million That’s just $31 million more than is owed against the...
Commercial Real Estate Direct Staff Report The $1685 million CMBS loan against the 536,520-square-foot office property at 522 Fifth Ave, which hasn’t received a payment since January, has transferred to special servicing In addition, the...
Commercial Real Estate Direct Staff Report Procaccianti Hotel REIT Inc has lined up $2367 million of financing from Liberty Bank, allowing it to refinance a pair of CMBS loans totaling $2303 million against a pair of its hotels, in St Petersburg,...
Commercial Real Estate Direct Staff Report The 740,387-square-foot office building at 1440 Broadway in midtown Manhattan has had its appraised value lowered to $320 million as of last month, from the $540 million value pegged to it three years ago,...
Commercial Real Estate Direct Staff Report The $8724 million CMBS loan against Equitable Plaza, a 688,292-square-foot office property in Los Angeles, has been sent to special servicing as it’s not expected to be paid off when it matures next...
Commercial Real Estate Direct Staff Report The $215 million loan against a portfolio of three Oklahoma hotels with 320 rooms has transferred to special servicing as it had defaulted at its maturity last month The transfer, to special servicer LNR...
Commercial Real Estate Direct Staff Report The Oglethorpe Mall in Savannah, Ga, has been re-appraised at a value of $1297 million, just less than the $13328 million that is owed against it Its indebtedness is split into two pieces, with a $7997...
Crain’s Chicago Business Two suburban Chicago apartment properties with a combined 656 units are being offered for sale Broadshore Capital Partners has hired Berkadia to market for sale Ascend St Charles, with 400 units at 100 Lakeside Drive...
CMBS special servicers had 63 loans with a balance of $546 billion transfer to their portfolios last month, the largest monthly volume of transfers in more than two years, according to Trepp Inc A total of $4762 billion is now in special servicing,...
Commercial Real Estate Direct Staff Report The pending departure of American Eagle Outfitters as a tenant at 393-401 Fifth Ave in midtown Manhattan likely will make it challenging for the office building’s $95 million mortgage to get...
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© 2023 Commercial Real Estate Direct All rights reserved..
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