Commercial Real Estate Direct Staff Report Denver’s Wells Fargo Center office building continues to face declining occupancy, which has contributed to another drop in its appraised value The 52-story building, at 1700 North Lincoln St, was...
The major public mortgage REITs originated $52 billion of commercial real estate loans during the first quarter But their collective portfolios shrunk by 1% to $8237...
Commercial Real Estate Direct Staff Report An affiliate of Treeline Partners has acquired the 220-unit Monaco South apartment property in Denver The purchase price could not be learned immediately The property was appraised this year at a value of...
Access Point Financial has provided $2925 million of short-term financing against three hotels with 274 rooms owned by American Hotel Income Properties REIT It’s the second time that Access Point, of Atlanta, has provided financing against...
Bass Pro Shops has agreed to buy the 254-room Cheeca Lodge & Spa fishing and sporting resort in the Florida Keys village of Islamorada, Fla The Springfield, Mo, retailer, formally BPS Direct, operates 181 sporting good stores under the Bass Pro...
Alternative lender 3650 Capital has provided $42 million of mortgage financing against a portfolio of five self-storage properties with 3,891 units owned by an affiliate of Inland Real Estate Group The four-year loan, which pays a fixed coupon, will...
Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody’s Price % Yield % Final Pricing (bp) Bnch mrk A-1 126 3000 237 AAA AAA Aaa 9999995 480601 +709 J-spread A-2 7200 3000 460 AAA AAA Aaa 10099999 48572 +77...
Commercial Real Estate Direct Staff Report PCCP has provided $67 million of financing against the 280-unit Kalaco apartment property in Denver JLL Capital Markets arranged the three-year mortgage on behalf of the property’s owner and...
Commercial Real Estate Direct Staff Report Manchester Financial Group, which owns the 1,048-room Fairmont Austin hotel in Austin, Texas, tapped a reserve fund to pay some of the property’s taxes It evidently did that without consent of its...
Dwight Capital has provided a $36 million loan under the US Department of Housing and Urban Development’s 223(f) program against the 234-unit Vista on the Park apartment property in Wright City, Mo, about 50 miles west of St Louis The 35-year,...
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