The CMBS trusts placed a winning credit bid of $1302 million at the property's foreclosure action just more than a month ago That was more than two years after the previous owner, Unibail-Rodamco-Westfield, announced that it would turn the property...
Park Hotels & Resorts Inc, which at the start of the year said it would sell up to $400 million of its properties, is now planning to sell additional assets that it deems non-core to its portfolio In total, it expects to generate up to $600 million...
Commercial Real Estate Direct Staff Report The New York City Council last week signed off on a legislative proposal that, if approved by the mayor, would give certain groups a right of first offer or the right to match any bid on apartment...
Orion Properties Inc, which has been fine-tuning its portfolio and making efforts to pay down certain debt, has proposed modifying the terms of a $355 million CMBS loan against 19 of its office properties That prompted the loan's transfer to special...
Dallas Business Journal Copeland Tower and Stadium Place, two neighboring office buildings totaling 211,281 square feet in the Dallas suburb of Arlington, Texas, have been brought to the sales market The buildings, at 1200 & 1250 East Copeland...
Houston Business Journal JPMorgan & Co is hoping to line up a buyer for the 448-room Hilton Houston Post Oak in the city’s Uptown area by the end of the year The 14-story hotel, at 2001 Post Oak Blvd, was taken by the lender three years...
Crain’s New York Business SL Green Realty Corp is looking to sell nine of its properties, including the 562,000-square-foot 1350 Ave of the Americas, for which it could generate more than $300 million, or $534/sf The nine properties could be...
Austin Business Journal NXP Semiconductors NV is offering for sale its US headquarters complex in Austin, Texas The Eindhoven, Netherlands, semiconductor manufacturing and design company has hired CBRE to market the 15 million-square-foot campus,...
Netflix Inc's agreement to buy Warner Bros Discovery Inc in a deal valued at $827 billion could upend not only the movie theater industry but the office and production studio business in the Los Angeles area ...
Commercial Real Estate Direct Staff Report Clipper Realty Trust has all but given up on the 250 Livingston St mixed-use building in Brooklyn, NY, and is aiming to sell it The 12-story building, with an alternate address of 233 Schermerhorn St is...
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.
