Simon Property Group has moved the 484,994-square-feet Hagerstown Premium Outlets, about 75 miles from Baltimore in Hagerstown, Md, to its list of "other" properties...
Mesa West Capital has provided $942 million of financing for the construction of the 234-unit MorningStar Green Valley senior-living community in Henderson, Nev The three-year loan was provided on behalf of the developers, Bain Capital Real Estate...
Commercial Real Estate Direct Staff Report The $125 billion CMBS loan against the ground beneath the 655,238-square-foot former Saks Fifth Ave flagship store in Manhattan has been modified, which will put an end to its nearly year-long stay in...
Mesa West Capital has provided a $5872 million loan against the 445,187-square-foot Northern Parkway Logistics Center in Glendale, Ariz The three-building property, at 12815 West Northern Ave and 12795 West Northern Ave, about 23 miles northwest of...
Commercial Real Estate Direct Staff Report Braemar Hotels & Resorts Inc has lined up $358 million of mortgage financing against four of its properties with a total of 1,200 rooms in Chicago, Philadelphia, Puerto Rico, and the Virgin Islands...
Greystone has provided $3924 million of Fannie Mae financing against the 334-unit Evolv apartment property in the Dallas suburb of Mansfield, Texas The 14-year-old property, on 186 acres at 370 North State Highway 360, is owned by Greybrook Realty...
Commercial Real Estate Direct Staff Report The $150 million CMBS loan against the Quaker Bridge Mall near Princeton, NJ, which wasn’t paid off when it matured in May, has been granted an 18-month reprieve The loan is securitized through JPMDB...
Commercial Real Estate Direct Staff Report Tanger Inc, which last year purchased the former Legends Outlets in Kansas City, Kan, expects to pay off the retail property’s $115 million CMBS loan next month, when it becomes open to prepayment The...
Commercial Real Estate Direct Staff Report The venture that owns the Prince Building in Manhattan’s SoHo area has lined up $216 million of financing, allowing it to retire a $200 million CMBS loan that became delinquent earlier this year The...
Just more than $3 billion of CMBS loans transferred to special servicers last month That's 14% more than the average that has transferred monthly over the previous 12 months But special servicers worked out, or otherwise resolved, $135 billion of...
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.
