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Home > CMBS Loan Against Lakeland Square Mall in Fla. Defaults at Maturity
The Real Deal Bank OZK has provided a $62 million loan for the construction of an industrial project at 722 and 730 Court St in the Red Hook section of Brooklyn, NY The project is being developed by a venture of RXR Realty of Uniondale, NY, and LBA...
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...
Seagis Property Group has lined up $81 million of financing against the 224,900-square-foot industrial property at 100 Frontage Road in Newark, NJ JLL Capital Markets arranged the financing, which pays only interest for the life of its five-year...
Multi-Housing News A venture of Ray and VeLa Development Partners has broken ground on Ray Phoenix, a 401-unit apartment property in Phoenix Ray, of New York, and VeLa, of Stamford, Conn, are building the 26-story property at 777 North Central Ave...
Commercial Real Estate Direct Staff Report SL Green Realty Corp has received a maturity extension, to November 2026, for its $1901 million loan against the 50,000-square-foot office property at 185 Broadway in downtown Manhattan The New York REIT...
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 Real Estate Direct Staff Report Primestor Development has lined up $54 million of financing for its purchase of the 357,000-square-foot Esplanade Shopping Center in Oxnard, Calif PSRS arranged the financing, which was provided by an...
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 Goldman Sachs Bank USA has provided $33 million of financing against Sheraton Park City, a 200-room hotel in Park City, Utah Berkadia arranged the loan, which has a five-year term and pays a fixed rate It...
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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