The Real Deal Eurostars Hotel Co has paid $95 million, or $887,85050/room, for the 107-room Chemists’ Club Hotel at 52 East 41st St in midtown Manhattan The Barcelona company bought the property from Azora, which also is based in Spain, in a...
CMBS loans against enclosed shopping malls that were written in 2016 or before then have a 963% delinquency rate, while those written in 2017 and later have nearly zero...
Crain’s Chicago Business A venture led by investor Jonathan Holtzman is offering for sale the Fisher Building, a 184-unit apartment property in Chicago The venture, which has held an ownership stake in the property since 1999, hired CBRE to...
Boston Business Journal Equus Capital Partners has bought the two-building Centech Park North industrial property in Shrewsbury, Mass, for $751 million, or $25027/sf The Newtown Square, Pa, investment manager acquired the 300,075-square-foot...
Dallas Business Journal A venture of Regent Properties and a unit of Hana Financial is offering for sale three office buildings totaling 706,395 square feet at the 85-acre Legacy Central mixed-use campus in Plano, Texas JLL has been tapped to market...
The 53,617-square-foot 25 Taylor St office building in San Francisco’s Civic Center area has changed hands, resolving a distressed $1693 million CMBS loan against it The seven-story building, which also houses the Golden Gate Theater, was sold...
Commercial Observer David Yurman, a retailer of designer jewelry, has leased the nearly 24,000 square feet of retail space at the base of the Mandarin Oriental Residences at 685 Fifth Ave in Midtown Manhattan The retail space takes up the four...
Commercial Real Estate Direct Staff Report The $4933 million CMBS loan against the Sangertown Square Mall in the Utica, NY, suburb of New Hartford, NY, has transferred to special servicing as it approaches its extended maturity next month The loan...
Rialto Capital Advisors remained atop a ranking of CMBS conduit B-piece buyers, taking down the most subordinate bonds of four transactions with a balance of $31 billion, or 1926% of the $161 billion of conduit deals that priced during the first...
Commercial Observer Caprice Holdings, a London owner/operator of restaurants and clubs, has paid $100 million, or $3,333/sf, for the Triangle Loft building at 675 Hudson St in Manhattan’s Meatpacking District The company plans to convert the...
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