The Real Deal A special referee appointed by a New York Supreme Court judge has ruled in favor of the CMBS trust that holds a $33 million loan against the 155-room Distrikt Hotel in midtown Manhattan The special referee, John A Owens, entered a...
CMBS special servicing volumes jumped last month by a whopping 804 percent, to $3759 billion, according to Trepp Inc It now amounts to 611 percent of the $61553 billion universe the company tracks The volume is now nearly where it was in December...
ConnectCREcom Scholastic Inc has agreed to lease 68,800 square feet of space at Salmon Creek Corporate Park, a 267,700-sf industrial property in Sumner, Wash The publishers and distributors of children’s books is taking the space from Tarragon...
North Palisade Partners has paid $445 million for a 17-acre development site at 1101 California St in Redlands, Calif, about 70 miles east of Los Angeles Lee & Associates brokered the deal between the Los Angeles development and investment firm...
Commercial Real Estate Direct Staff Report The Brookfield Corp affiliate that owns the Tucson Mall in Tucson, Ariz, and Town East Mall in Mesquite, Texas, has exercised its option to further extend the maturity of the $33284 million of securitized...
ConnectCREcom UMB Bank has provided $73 million of financing for the construction of Banyan High Point, a 399-unit apartment property in Aurora, Colo A venture of Banyan Residential of Los Angeles and Bridge Investment Group of Salt Lake City is...
Quarterly rent growth among the major apartment-owning REITs - 12 companies with 549,956 units - slowed in the first quarter of the year, growing by an average of just less than 1 percent from the fourth quarter That's a slowdown from last year's...
REBusiness Online Coaster Co has agreed to fully lease Turnberry 5, a 150,209-square-foot industrial property in Roselle, Ill The furniture company was represented by Lee & Associates, while the property’s owner, Prologis, was represented...
The Real Deal Puratos has agreed to fully lease an 86,900-square-foot industrial property at 15601 South Avalon Blvd in Gardena, Calif The bakery supplier was represented in the deal by NAI Capital The property, which was built last year, is owned...
The 355,000-square-foot office building at 550 California St in San Francisco is expected to sell for between $426 million and $46 million, or up to nearly $130/sf, according to a report in the San Francisco Business Times The 13-story building is...
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