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Home > CMBS Trusts Sue Guarantor of Loan on Chicago’s Civic Opera Building
The Real Deal Continental Realty Corp has paid $784 million, or $276,056/unit, for Sixteen30, a 284-unit apartment complex in Plainfield, Ill The Baltimore investment manager purchased the property from its developer, Wingspan Development, which had...
Commercial Real Estate Direct Staff Report The $300 million loan against the 527,000-square-foot Santa Monica Place Mall in Santa Monica, Calif, has transferred to special servicer Argentic Services Co as its expected to default at its upcoming...
Commercial Real Estate Direct Staff Report The $12046 million of financing against Yorktown Center, a 787,389-square-foot retail center in Lombard, Ill, has transferred to special servicer KeyBank as it was not paid off at its maturity The transfer...
Commercial Real Estate Direct Staff Report The 205-room Westin Portland hotel in Portland, Ore, was appraised recently at value of $332 million, about 34 percent less than the $5043 million of mortgage debt against it The latest appraisal, which was...
REBusiness Online Avenue Development has broken ground on Viva Bene, an age-restricted apartment property with 161 units in St Peters, Mo The Indianapolis developer is planning to spend $378 million building property at 101 Viva Bene Circle, about...
The maturity date for the $108 billion CMBS loan against the 15 million-square-foot office building at 280 Park Ave in midtown Manhattan has been extended to September 2026, with additional options to push it to September 2028 The property is owned...
The Real Deal New York Gov Kathy Hochul and state lawmakers have reached an agreement on a housing deal that would replace the expired 421-a tax abatement program The agreement also loosened restrictions against evictions stemming from non-payment...
Commercial Real Estate Direct Staff Report The appraised value of the 359,883-square-foot office property at 600 California St in San Francisco has been lowered to $124 million from the $183 million value pegged to it last July The latest appraised...
Commercial Property Executive IRA Capital has paid $215 million, or $9072/sf, for the 237,000-square-foot life-sciences and research and development property at 3435 Stelzer Road in Columbus, Ohio The Irvine, Calif, investment firm purchased the...
Commercial Real Estate Direct Staff Report The 382,256-square-foot office property at 750 Lexington Ave in midtown Manhattan was appraised at a value of $50 million That’s 83 percent lower than the $300 million value pegged to the building in...
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© 2023 Commercial Real Estate Direct All rights reserved..
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