The number of enclosed shopping malls peppering the American landscape has shrunk by roughly one-third over the past 24 years What remains is bookended by solid performers and weaklings that'll probably get redeveloped CMBS holds nearly $7 billion...
South Florida Business Journal A venture of Housing Trust Group and AM Affordable Housing has lined up $775 million of financing for the construction of Artisan Pointe, a 115-unit affordable housing project in Homestead, Fla The financing consists...
Tampa Bay Business Journal A venture of East Capital Partners and Westport Capital Partners has lined up $2315 million of acquisition financing for a three-building industrial portfolio in Tampa, Fla General Investment and Development of Boston...
The Real Deal JPMorgan Asset Management is looking to sell its 49% stake in the 1 million-square-foot 605 Third Ave office building in Midtown Manhattan The investment manager, which owns its stake in the property on behalf of the Commingled Pension...
Commercial Real Estate Direct Staff Report Namdar Realty Group has acquired the distressed $9181 million mortgage against the 147 million-square-foot Gateway Center office complex in downtown Pittsburgh The loan was one of two remaining in the...
AMC Entertainment generated $16 billion of revenue during the second quarter, the company's highest grossing quarter in its 106-year history Meanwhile, loans against properties in which it's a tenant have outperformed CMBS retail loans in...
Commercial Real Estate Direct Staff Report The real estate arm of brothers Michael and David Shabsels last month filed for Chapter 11 bankruptcy protection in US Bankruptcy Court for the District of New Jersey The unit, Damis Holdings LLC, owns 55...
Commercial Real Estate Direct Staff Report The $1004 million CMBS loan against the Meadows Mall just northwest of the Las Vegas Strip has transferred to special servicer Midland Loan Services as it’s maturing in the coming weeks The loan is...
The weighted average occupancy rate of apartment properties that back both private-label and Freddie Mac loans securitized in 2021 largely have fallen short of underwritten...
South Florida Business Journal Northlink Capital has increased the construction financing for its 222-unit residential condominium project at 7200 Collins Ave in Miami Beach, Fla, to $85 million A lending group led by Deutsche Bank provided...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
