The Real Deal William Macklowe Co has bought the $46 million loan against 291 Broadway, a 133,000-square-foot office building in the Tribeca section of Manhattan, giving the New York investor a path to take title to the collateral Flagstar Bank sold...
Commercial Real Estate Driect Staff Report Black Diamond Capital Management purchased the distressed $4185 million CMBS loan against the Palisades Center Mall in New York’s Rockland County As reported, the loan’s sale resulted in a...
Commercial Real Estate Direct Staff Report The venture of SL Green Realty Corp and Wharton Properties Co that owns the retail space at the base of 1552-1560 Broadway in the Times Square area of Manhattan has completed the $63 million purchase of the...
The Real Deal Dry Creek Capital has paid $263 million for the $473 million of debt against O’Hare International Center, a 530,000-square-foot office property in Rosemont, Ill, a northwestern suburb of Chicago The Denver company is now in...
Blackstone Real Estate Debt Strategies has purchased a $2 billion portfolio of performing commercial real estate loans from Atlantic Union Bancshares Corp The Blackstone unit paid a price in the low 90% range for the loans, according to Atlantic...
San Francisco Business Times Brookfield has backed out of its deal to acquire the $9315 million loan against 101 Mission St, a 206,455-square-foot office building in San Francisco The deal would have valued the property at around $80 million and...
The $784 million mortgage against the 131-room Hotel Union Square in San Francisco is being offered once again The hotel, marketed through the Mission Capital unit of Marcus & Millichap, is being pitched as a potential redevelopment...
Commercial Real Estate Direct Staff Report HomeStreet Inc has agreed to sell a portfolio of 190 mortgages with a balance of $990 million against multifamily properties to Bank of America for $906 million, or 915 percent of their principal balance...
Crain’s Chicago Business A venture of Glenstar and Patrick Halloran is under contract to buy the $151 million loan against the 761,775-square-foot office building at 200 South Wacker Drive in Chicago Glenstar, of Chicago, and Halloran, of...
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.
