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Home > Citigroup Lent $90Mln to Fund Pay-Off of Loan Against 2 Manhattan Mixed-Use Properties
The volume of delinquency in the CMBS universe ballooned by 74 percent last month to $2971 billion, according to Trepp Inc, putting that metric at a level not seen since late 2021 as the market was recovering from the Covid lockdowns The office...
Commercial Real Estate Direct Staff Report Greystone & Co has bought Lumi Hyde Park, a 259-unit apartment complex in Tampa, Fla, for $83 million, or about $320,462/unit The New York investment manager purchased the five-story property from Conti...
Commercial Observer Hudson Bay Capital has provided a $155 million loan against the 725-room Lexington Hotel in midtown Manhattan The property, at 511 Lexington Ave, is owned by a venture of Island Capital Group, MCR Hotels and Three Wall Capital,...
Host Hotels & Resorts Inc has paid $530 million, or $735,090/room, for a two-hotel complex with 721 rooms in Nashville, Tenn The Bethesda, Md, REIT bought the property, comprised of the 215-room 1 Hotel Nashville and 506-room Embassy Suites by...
Commercial Property Executive Lionstone Investments has sold the 112,162-square-foot Muse Shops at Midtown in Dallas for an undisclosed price JPMorgan bought the property in a deal brokered by JLL Capital Markets The sales price was not immediately...
Commercial Observer GDS Brightstar and Sabal Investment Holdings have provided a $3425 million bridge loan against the 40,000-square-foot office property at 76 Eighth Ave in the Meatpacking District of Manhattan The 10-story building was developed...
Commercial Real Estate Direct Staff Report The $3896 million CMBS loan against 100 Westminster, a 361,462-square-foot office building in Providence, RI, has been extended by a year through next February, with an option that would allow it to be...
Crain’s Chicago Business The group that owns the 14 million-square-foot office building at 70 West Madison St in Chicago has been hit with a foreclosure lawsuit The group, comprised of Hearn, GEM Realty Capital and Farallon Capital, had...
The Real Deal Fortress Investment Group has filed to foreclose, under the Uniform Commercial Code, against a portfolio of real estate in Florida, Manhattan and Westchester County, NY, owned by Cohen Brothers Realty Corp The investment bank claims...
Commercial Real Estate Direct Staff Report Argentic Investment Management has provided $125 million of financing against the 320-unit Station 16 Apartments in Millbrae, Calif The floating-rate loan was arranged by Walker & Dunlop It allowed the...
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© 2023 Commercial Real Estate Direct All rights reserved..
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