Log In or Subscribe to read more
Home > Shorenstein Faces Foreclosure of $350Mln Loan on Manhattan Office
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...
Crain’s New York Business Grand Street Guild has filed plans for a 191-unit apartment property at 145 Broome St in Manhattan’s Lower East Side The affordable-housing developer filed its plans with The New York City Department of...
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 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...
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 The two-building office complex at 760 and 800 Westchester Ave in Rye Brook, NY, last year had absorbed a 13 percent increase in utility expenses, helping offset the 64 percent increase in rental income it...
Commercial Real Estate Direct Staff Report American Eagle will vacate the 192,322 square feet it occupies at 393-401 Fifth Ave in midtown Manhattan as part of a broader consolidation As reported, the retailer had signed a lease for 338,035 sf at 63...
REBusiness Online A venture of Zar Property NY and HPNY has paid $151 million, or $26491/sf, for the 57,000-square-foot office property at 26-30 West 61st St in the Lincoln Square section of Manhattan The venture bought the property from the Brodsky...
The Real Deal Bristol Myers Squibb is planning to vacate Woodside Technology Park, a 256,000-square-foot office campus in Redwood City, Calif The New York drug manufacturer’s lease for the entire property is set to mature in March 2027 It...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..
Subscribe now to keep reading and get access to the full archive.