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Home > Fortress Pursues Foreclosure of Cohen Brothers Portfolio
ConnectCRE RedGate has completed work on Gibson Point, a 291-unit apartment property in Revere, Mass The property, at 1 Gibson Way, includes a fitness center, sauna and cold-plunge pools RedGate of Boston will begin pre-leasing on June 1, with...
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...
Commercial Real Estate Direct Staff Report Los Angeles’ Gas Co Tower, with 138 million square feet of office space, has been appraised at a value of $2145 million The latest appraisal, highlighted in a CMBS Newsflash by Morningstar Credit...
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,...
Crain’s New York Business Joel Schwartz has filed plans with the Department of City Planning to construct a 117-unit apartment property at 236 Gold St in downtown Brooklyn, NY The local developer acquired the development site in 2022 for $37...
BisNow Procaccianti Cos plans to demolish the 274-room Hilton hotel it owns at 21 Atwells Ave in Providence, RI, and construct a 216-unit apartment property in its stead It’s the second time the Cranston, RI, hotel owner has proposed such a...
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© 2023 Commercial Real Estate Direct All rights reserved..
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