The volume of commercial real estate loans coming due through 2027 increased slightly in the second quarter to $278 trillion from $275 trillion in the first quarter, according to Trepp Inc This year, $5369 billion of loans come due, and next year,...
REJournals Advanced Plastic Corp has agreed to fully lease the 87,703-square-foot industrial property at 1723-1757 Marshall Drive in Des Plaines, Ill Lee & Associates brokered the deal between the plastics company and the owner of the property,...
Commercial Real Estate Direct Staff Report A New York State judge has ruled that affiliates of the Trump Organization had engaged in fraud by overstating the value of properties they owned, some of which were financed with mortgages The ruling, if...
The Real Deal Goldman Sachs Urban Investment Group has taken through foreclosure the Empire Outlets, a 340,000-square-foot retail property at 55 Richmond Terrace in Staten Island, NY The property had been owned by BFC Partners of Brooklyn, NY, A...
The $415 million CMBS loan against a portfolio of 30 Courtyard by Marriott hotels with 4,379 rooms in 15 states that had been owned by Colony Capital Inc has transferred to special servicing as its maturity has passed To qualify for a term...
The Real Deal Marathon Asset Management has taken the 40,542-square-foot office/retail building at 263 West 34th St in midtown Manhattan through foreclosure The New York investment manager had provided $50 million of financing to fund the...
Rentvcom AM Castle & Co has agreed to renew its lease at 14001 to 14003 Orange Ave in Paramount, Calif As a result, the provider of metals will fully lease the 282,000-square-foot industrial property for an additional seven years in a deal...
Houston Business Journal Power Electronics USA has agreed to fully lease the Airtex Commerce Center, a 166,250-square-foot industrial property in Houston The US division of the Spanish renewable energy manufacturer is leasing the warehouse, at 431...
Commercial Real Estate Direct Staff Report The $170 million loan against the Augusta Mall in the western part of Georgia has matured and transferred to special servicer CWCapital Asset Management The loan is split into two pieces, with a $110...
A unit of Silver Star Properties REIT Inc, a non-traded REIT formerly known as Hartman Short-Term Income Properties XX Inc, has filed for bankruptcy, which would trigger an event of default for a $21728 million CMBS loan backed by its properties But...
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