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Home > Owner of Calif. Student Housing Backing $35Mln CMBS Loan Files Bankruptcy
Jacksonville Business Journal Argentic Investment Management has taken control of the Wells Fargo Center, a 653,919-square-foot office building in downtown Jacksonville, Fla The New York company also took a nine-level parking garage at 1 West Bay St...
Commercial Real Estate Direct Staff Report The appraised value of the Hilton Suites Chicago Magnificent Mile, a 345-room hotel in Chicago, has been reduced to $619 million That’s down from the $631 million value pegged to it last year and...
Dallas Business Journal The Addison, a 214,000-square-foot office building in the Dallas suburb of Addison, Texas, is scheduled to be sold at a foreclosure auction on May 7 TerraCap Management of Naples, Fla, had bought the 11-story property, at...
Dallas Business Journal Pinnacle Bank has filed a foreclosure suit against Opal Holdings, claiming the New York company defaulted on its $40 million loan against the Centerpoint office complex in the Dallas suburb of Arlington, Texas Opal had bought...
BisNow The Lanes, a 110-unit apartment property at 400 Florida Ave NE in the Union Market section of Washington, DC, will be offered for sale at a May 23 foreclosure auction Alex Cooper Auctioneers is overseeing the sale Ranger Properties of New...
Washington Business Journal A foreclosure auction for the 164,407-square-foot office property at 2000 Duke St in Alexandria, Va, has been scheduled for May 16 Minimum bid has been set at $500,000 Shidler Group had owned the property, but recently...
Commercial Real Estate Direct Staff Report The appraised value of the Augusta Mall, a 500,222-square-foot retail property in Augusta, Ga, has been reduced to $1593 million That’s down from the $250 million appraised value pegged to the mall in...
Commercial Real Estate Direct Staff Report The $2549 million of securitized debt against the 980,711-square-foot Providence Place Mall in Rhode Island has been transferred to special servicing due to imminent default The loan’s transfer to...
Commercial Observer Yellowstone Real Estate has paid about $200 million for the distressed loan against the 603,928-square-foot office building at 1740 Broadway in Manhattan Midland Loan Services, special servicer for the CMBS trust that holds the...
Commercial Real Estate Direct Staff Report Orda Management Corp, which owns Manhattan’s 225 and 233 Park Ave South, is expected to default on the 675,756-square-foot office property’s $235 million CMBS loan As a result, the loan has been...
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© 2023 Commercial Real Estate Direct All rights reserved..
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