The proposed $131 million sale of the Valley West Mall in West Des Moines, Iowa, to the city has fallen apart The enclosed shopping mall has been under the oversight of a court-appointed receiver since 2022 It backs a $3742 million mortgage that's...
Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto...
The CMBS trusts that earlier this year took title to the Park Square office property in Boston's Back Bay area are said to have hired Eastdil Secured to market the 503,312-square-foot building for...
Crain’s Chicago Business Lendlease is offering for sale Cooper at Southbank, a 452-unit apartment property in Chicago’s South Loop neighborhood The Australian developer hired CBRE to market the 29-story property at 720 South Wells St...
Commercial Real Estate Direct Staff Report Braven Office Commons, a 749,694-square-foot property in Bellevue, Wash, has been placed on the sales block by its receiver as its foreclosure process begins Eastdil Secured has been tapped to market the...
AvalonBay Communities and Equity Residential have agreed to merge, creating the nation's largest publicly traded apartment REIT with an enterprise value of $69...
Commercial Real Estate Direct Staff Report A portfolio of three Wilmington, Del, office buildings backing distressed CMBS debt are scheduled for sheriff’s sale next month The buildings, with 305,398 square feet at 200, 300, and 400 Bellevue...
Crain’s Chicago Business Tishman Speyer is offering for sale Union West, a 357-unit apartment property in Chicago The New York investment manager hired CBRE to market the property, which it bought in 2023 for $128 million At the time of...
Industrial Realty Group is contributing 98 of its properties with 48 million square feet into Sachem Capital Corp, a publicly traded mortgage REIT that will be renamed IRG Realty Trust Inc The transaction will result in the creation of a sizable...
Crain’s Chicago Business The 691,410-square-foot office building at 2 North LaSalle St in Chicago has been brought to the sales block by the bondholders that took control of it two years ago Torchlight Loan Services, the special servicer...
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