The Chattanooga, Tenn, REIT, which filed for bankruptcy in 2021 and was able to eliminate $17 billion of debt and preferred equity through its restructuring, has stopped making payments against the three properties' mortgages, which have a total...
Crain’s Chicago Business Cedar Street is offering for sale two apartment properties with 522 units in Chicago The local developer hired Berkadia to market the 342-unit Draper Apartments, at 5050 North Broadway, along with the Sally, with 180...
Commercial Real Estate Direct Staff Report Romspen Holdings Inc has placed the $54 million stalking horse bid for the equity interest in the entity that owns the former Motorola campus in Austin, Texas Bids are due today The property, which sits on...
Crain’s Chicago Business Spear Street Capital is offering for sale the 650,812-square-foot office property at 225 West Wacker Drive in Chicago The San Francisco investment firm hired Cushman & Wakefield to market the property, which it...
Orlando Business Journal Bonnet Creek Village SPE LLC is offering for sale a 200-room Rodeway Inn in the Orlando, Fla, suburb of Kissimmee, Fla The property comes to market with an asking price of $32 million The hotel, at 5995 West Irlo Bronson...
Commercial Real Estate Direct Staff Report The 220,000-square-foot 345 Seventh Ave office building in Manhattan’s Penn Plaza area is being offered for sale through a uniform commercial code foreclosure Benefit Street Partners...
Puget Sound Business Journal Johnson Development Associates is offering for sale Elara at the Market, a 150-unit apartment property in Seattle The Spartanburg, SC, company hired Kidder Mathews to market the property, at 2134 Western Ave Johnson...
The Wall Street Journal Anbang Insurance Group has tapped Eastdil Secured to market for sale the Waldorf Astoria hotel in Manhattan The famed property, at 301 Park Ave, now has 375 hotel rooms It also has 372 residential condominium units that are...
PRP Real Assets is offering for sale the 492,122-square-foot Cencora HQ at SORA West office building in Conshohocken, Pa JLL Capital Markets has the listing for the 11-story property at 1 West 1st Ave, about 15 miles northwest of Center City, or...
Camden Property Trust has placed 11 apartment properties with 3,609 units it owns in California on the sales block and expects to generate $15 billion to $2 billion of proceeds It would redeploy most of the proceeds into properties in the...
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