Commercial Real Estate Direct Staff Report The $310 million loan Deutsche Bank and Societe Generale provided against the 512,171-square-foot office property at 535-545 Fifth Ave in Midtown Manhattan pays a 706% coupon The loan was used by the...
The Real Deal The CMBS trusts that held the $12293 million loan against the 750 Lexington Ave office property in Midtown Manhattan have taken title to the property through a foreclosure held last week The two trusts are GS Mortgage Securities Corp,...
Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $130 million loan against 90 Hudson St in Jersey City, NJ, could soon take title to the 431,658-square-foot office building Servicer notes compiled by Trepp Inc indicate that the...
The collateral pool for what originally was a $3848 million CMBS loan against a portfolio of apartment properties that Chetrit Group purchased in 2019 for $522 million is likely to shrink further in the coming months...
Commercial Real Estate Direct Staff Report Chronic cash flow issues at Park Place at Florham Park in northern New Jersey could soon result in its transfer to the CMBS trusts holding a $625 million loan against the 360,265-square-foot office complex...
Commercial Real Estate Direct Staff Report Palisades Center Mall in New York’s Rockland County is scheduled to be sold at a foreclosure auction on Feb 4 News of the pending foreclosure auction was reported first by the Rockland County Business...
Commercial Real Estate Direct Staff Report The $1562 million CMBS loan against the 136-room Aloft Lubbock hotel in Lubbock, Texas, originated exactly a year ago, hasn’t received a payment since October and is now classified as being more than...
Commercial Real Estate Direct Staff Report The CRE Finance Council’s latest board of governors’ sentiment index increased 21% in the third quarter to 1254, just shy of the all-time high of 1266 set in the fourth quarter of 2024 The...
The CMBS trust that holds a $24070 million mortgage against three Club Quarters hotels in Philadelphia, Chicago, and San Francisco is closing in on taking title to the properties, which have a total of 1,050 rooms...
Commercial Real Estate Direct Staff Report The former One Shell Square office building in downtown New Orleans, facing the potential loss of its largest tenant, has had its appraised value cut in half to $899 million The 125 million-square-foot...
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