Rialto Capital Advisors was the most active buyer of CMBS conduit B-pieces during the first quarter, taking down the most subordinate bond classes of three of the period's 10...
Charlotte Business Journal Ares Management Corp is offering for sale ThExchange, a 568,811-square-foot office complex in Charlotte, NC The Los Angeles investment manager has tapped CBRE to market the 14-building property It took title to the...
Commercial Real Estate Direct Staff Report Aurora Capital Associates has paid $54 million, or $675/sf, for the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan The Cayre family office, which is led by...
The Real Deal A venture of Nelson Management, JPMorgan & Co, and L+M Fund Management is taking another shot at selling the 256-unit apartment property at 275 South St on the Lower East Side of Manhattan It is now seeking $275 million for the...
A total of 42 domestic, private-label CMBS deals with a balance of $3274 billion were issued during the first quarter, marking the second busiest first quarter since just before the Global Financial...
Crain’s Chicago Business Braemar Hotels & Resorts is offering for sale Sofitel Chicago Magnificent Mile, a 415-unit hotel in the city’s Gold Coast neighborhood The Dallas REIT, formerly known as Ashford Hospitality Prime Inc, hired...
Commercial Real Estate Direct Staff Report Morningstar DBRS estimates that the three Club Quarters hotels in Chicago, San Francisco, and Philadelphia that back a $2407 million mortgage securitized through BX Trust, 2017-CQHP, would recover only...
The volume of CMBS loans that are more than 30 days late with their payments spiked in March by $308 billion, to $4583 billion, marking the largest one-month increase in delinquency volume since May 2023, when volumes increased by $326 billion...
Dallas Business Journal Mary Kay is bringing its 546,000-square-foot headquarters campus in suburban Dallas to the sales market Cushman & Wakefield has the listing for the 13-story building, which sits on 33 acres at 16251 Dallas Parkway in...
Commercial Real Estate Direct Staff Report The $425 million CMBS loan against the 119 million-square-foot JACX office complex in Queens, NY, is unlikely to get refinanced by its September maturity As a result, the loan, securitized through BAMLL...
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