Commercial Real Estate Direct Staff Report The two northern New Jersey office buildings backing what is now a $5089 million CMBS loan that has been delinquent since March have been reappraised at a value of only $197 million The latest appraised...
A venture of Rockpoint and Newbond Holdings has paid $471 million, or $334,043/room, for the 141-room Hotel Maren Fort Lauderdale, Curio Collection by Hilton The venture bought the five-year-old property, which sits on a waterfront parcel at 525...
Commercial Property Executive Waterfall Asset Management and Delaware Life have provided $647 million of financing against the 301,000-square-foot Torrance office building in Torrance, Calif Newmark arranged the financing on behalf of the...
Gaia Real Estate has negotiated another one-year term extension for the $48 million mortgage against the 117-unit 55 Hope St apartment building in Brooklyn, NY The loan, held by Raymond James Bank, initially matured last September but was extended...
Two more CMBS loans against Houston-area apartment properties have transferred to special servicing in recent weeks, increasing the volume of troubled loans against properties in the area to $35891 million, according to the TreppCRE...
Washington Business Journal A venture of Stonebridge, The Bernstein Cos, and Criterion Real Estate Capital has lined up $1756 million of construction financing for the redevelopment of 1990 K St NW in Washington, DC A lending group led by Kennedy...
South Florida Business Journal Shoma Group has lined up $1725 million of C-PACE financing for the construction of the Shoma Bay mixed-use project in North Bay Village, Fla, about nine miles north of Miami Nuveen Green Capital provided the loan,...
The volume of CMBS loans that are more than 30 days with their payments declined by $72 million last month, meaning it stayed relatively unchanged at $4742 billion...
Commercial Real Estate Direct Staff Report Modestly higher interest rates during the second quarter weighed on life insurance companies’ commercial mortgage holdings, as the LifeComps Total Return index posted a 098% total return during the...
Walton Street Capital has provided $44 million of short-term financing against the 248-unit Harlow apartment property in the Tampa, Fla, suburb of Wesley Chapel, Fla The three-year loan was arranged by Berkadia and allowed the property’s...
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