Crain’s Chicago Business Greystar is offering for sale One Six Six, a 223-unit apartment property in Chicago The Charleston, SC, investor hired JLL to market the property, which it developed in 2023 The property, at 166 North Aberdeen St, is...
Commercial Real Estate Direct Staff Report The CMBS trust that held the $105 million loan against the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan suffered a $7666 million loss as a result of the...
Dallas Morning News Granite Properties is offering for sale Factory Six03, a 123-year-old office building in downtown Dallas The Plano, Texas, company has tapped Cushman & Wakefield to market the 215,111-square-foot property at 603 Munger Ave An...
Commercial Real Estate Direct Staff Report The 382,256-square-foot 750 Lexington Ave office building in Midtown Manhattan has been reappraised at a value of $39 million—an eighth of the value pegged to it 11 years ago The building has 335,576 sf...
Commercial Real Estate Direct Staff Report GSK PLC’s pending departure from the 635,058-square-foot life-sciences property at 14200 Shady Grove Road in Rockville, Md, has resulted in the $138 million CMBS loan against the property being...
Commercial Real Estate Direct Staff Report The CMBS trusts that held a $160 million mortgage against the 503,312-square-foot Park Square office property in Boston’s Back Bay area have taken it through foreclosure The loan is split into two...
Commercial Real Estate Direct Staff Report Newgate Mall in Ogden, Utah, which was taken through foreclosure in April 2021 by the CMBS trust that held what was a $58 million mortgage against it, has been reappraised at a value of $171 million The...
Commercial Real Estate Direct Staff Report The CMBS mortgage against the Dayton Mall in Dayton, Ohio, has had its term extended by just more than eight years through November 2030 The loan, securitized through WFRBS Commercial Mortgage Trust,...
The $7615 million CMBS loan against the Dover Mall and Commons retail property in Dover, Del, is back in special servicing The property very well could end up being owned by the CMBS trust that holds the...
Charlotte Business Journal Beacon Partners is offering for sale the Station at LoSo, a 200,000-square-foot office property in the South End section of Charlotte, NC The local developer has hired JLL to market the complex, which opened in 2023 An...
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