Commercial Real Estate Direct Staff Report A total of $349 billion of previously delinquent CMBS loans were cured, or made performing once again last month, contributing to the 37% reduction in the overall volume of loans that are now more than...
A venture of Eagle Real Estate Partners and Vistria Group has paid $1325 million, or $329,601/unit, for the 402-unit Crystal View Apartments in the Los Angeles suburb of Garden Grove, Calif The venture – Eagle is based in Los Angeles, while...
Goodwill Industries International has paid $1975 million, or $179/sf, for the 110,330-square-foot office building at 761 Wheaton St in Savannah, Ga The five-story building was purchased from an investor group led by Margaret Bowen of Alpharetta, Ga,...
Crain’s Chicago Business A venture of Glenstar Properties and investor Patrick Halloran has taken title to the 966,924-square-foot office building at 500 West Monroe St in Chicago through a deed in lieu of foreclosure The venture previously...
Philadelphia Inquirer The proposed sale of the 176 million-square-foot office building at 1500 Market St in downtown, or Center City Philadelphia, evidently has fallen apart The 37-story building, commonly referred to as Centre Square, backs a $368...
The office sector has been ground zero for distress in the commercial real estate market, but CMBS delinquencies suggest a nuanced picture...
South Florida Business Journal Tabani Group has paid $2573 million, or $1,080/sf, for the 23,824-square-foot Wynwood Jungle retail property in Miami The Dallas investor acquired the two-story shopping center from an affiliate of local real estate...
Commercial Real Estate Direct Staff Report The 12-story mixed-use building at 250 Livingston St in Brooklyn, NY, has been reappraised at a value of only $231 million, contributing to Morningstar DBRS’ downgrade of five principal-paying classes...
Washington Business Journal GoodHomes Communities has paid $35 million, or $187,166/unit, for the Arlington Court Suites, a 187-room hotel in the Washington, DC, suburb of Arlington, Va The New York investment firm purchased the property from an...
Four Mile Capital, in partnership with Midloch Investment Partners, has paid $3825 million, or $180,424/unit, for the 212-unit Frontgate Apartments in Louisville, Ky Four Mile, of Louisville, Colo, and Midloch, of Chicago, acquired the property from...
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