Log In or Subscribe to read more
Home > Mortgage REITs Shrink and Deleverage, Gear Up for Originations
BisNow First Citizens Bank and Berkshire Bank have provided $748 million of financing for the development of a 210,000-square-foot industrial property at 75 Jackson Road in Devens, Mass The property is being developed by King Street Properties of...
South Florida Business Journal Regions Bank has provide a $71 million loan for the construction of Resia Golden Glades, a 420-unit apartment project in Miami Resia of Kendall, Fla, recently broke ground on the property, which is being built on a...
Commercial Real Estate Direct Staff Report JPMorgan Chase Bank and alternative lender 3650 REIT have provided $62 million of financing against the Columbus Business Park, a 218 million-square-foot industrial property in Columbus, Ohio The five-year...
Commercial Real Estate Direct Staff Report The Herald Center mixed-use property, with 249,063 square feet in Manhattan, has had its appraised value lowered by 52 percent to $276 million That’s just $31 million more than is owed against the...
Commercial Real Estate Direct Staff Report The $2065 million of CMBS financing against Cascade Station I & II, a 127,718-square-foot office property in Portland, Ore, has been sent to special servicing as it wasn’t paid off at its maturity...
Commercial Real Estate Direct Staff Report The $1685 million CMBS loan against the 536,520-square-foot office property at 522 Fifth Ave, which hasn’t received a payment since January, has transferred to special servicing In addition, the...
The Real Deal Monarch Alternative Capital has taken a stake in the limited liability company that owns Pendry West Hollywood, a 149-room hotel and 40-unit condominium property at 8430 Sunset Blvd in West Hollywood, Calif That LLC is comprised of...
Houston Business Journal The 284,896-square-foot office building at 2425 West Loop South in Houston is being offered for sale at a bankruptcy auction Hilco Real Estate Sales of Northbrook, Ill, is overseeing the auction Bids for the 11-story...
Commercial Real Estate Direct Staff Report Procaccianti Hotel REIT Inc has lined up $2367 million of financing from Liberty Bank, allowing it to refinance a pair of CMBS loans totaling $2303 million against a pair of its hotels, in St Petersburg,...
Vornado Realty Trust might very well pay off, with cash, the $500 million mortgage against its 731 Lexington Ave office building in midtown Manhattan The loan pays a coupon pegged to the Prime rate, which the New York REIT has capped at 6 percent,...
© 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.