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Home > CMBS Issuance Remains Tepid During 2Q; Volume Down Two-Thirds Through 1H
Commercial Real Estate Direct Staff Report Beach Point Capital Management has acquired the $112 million CMBS loan against the 284-room Hotel Bossert in Brooklyn, NY The Santa Monica, Calif, investment manager bought the loan from CCRE Commercial...
Commercial Real Estate Direct Staff Report The Salina Meadows Office Park in Syracuse, NY, which was purchased only two years ago for $375 million, has been appraised at a value of only $123 million The 237,496-square-foot office property is...
San Francisco Chronicle Gemdale USA is offering for sale the 387,599-square-foot office building at 350 Bush St in San Francisco The Pasadena, Calif, developer has hired Eastdil Secured to market the property, which is encumbered by $185 million of...
Commercial Real Estate Direct Staff Report Solomon Pond Mall in Marlborough, Mass, has been appraised at a value of only $297 million, roughly one-third of the amount of debt the shopping center carries The retail property is owned by a Simon...
San Francisco Chronicle Google is not planning to renew its 342,211-square-foot office lease at One Market Plaza, a 158 million-sf property in San Francisco The tech giant has been at the property since 2018, but will vacate once its lease expires...
Commercial Real Estate Direct Staff Report The 82,350-square-foot mixed-use property at 20 West 37th St in Manhattan has had its appraised value slashed by 42 percent to $203 million The 12-story property, with office and retail space, is encumbered...
JLL has arranged 53,896 square feet of leases at 1450 Broadway, a 439,786-sf office property in midtown Manhattan The property, owned by ZG Capital Partners, an affiliate of Zar Group of New York, was 76 percent occupied as of the end of last...
The Real Deal Trident Pacific Real Estate Group is offering for sale the Gas Co Tower, a 138 million-square-foot office property in Los Angeles The court appointed receiver has hired JLL to market the property Trident was named receiver after its...
Macerich Co, which two months ago named Jackson Hsieh its president and chief executive, has adopted a plan that will lead to it selling perhaps 10 properties and giving back up to six of its malls to its lenders...
Bloomberg LP has renewed its lease, through 2040, for 946,815 square feet of office space at 731 Lexington Ave in midtown Manhattan The financial information company has housed its headquarters in the 13 million-sf mixed-use building since it was...
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© 2023 Commercial Real Estate Direct All rights reserved..
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