The office sector has been ground zero for distress in the commercial real estate market, but CMBS delinquencies suggest a nuanced picture...
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...
A San Francisco investor group comprised of Prado Group and Presidio Bay Ventures, which had come close to sewing up a deal to buy the beleaguered San Francisco Centre shopping mall, will not be buying the 145 million-square-foot property, according...
The Real Deal Tesla has signed a lease for 682,000 square feet of industrial space at 11801 Decker Lake Road in Austin, Texas The electric vehicle manufacturer will move into the building upon its completion in January The building is part of the...
CityBiz S2 Industrial has acquired the 589,022-square-foot Panther City Industrial Park in Fort Worth, Texas The seller and purchase price were not disclosed The property consists of 31 buildings at 5721 East Rosedale St, along the Loop 820 corridor...
The Real Deal Citigroup is once again offering for sale portions of its office campus in San Antonio CBRE has been tapped to market the four-building property at 100 Citibank Drive, which contains 329,658 square feet of rentable space Local law firm...
Commercial Real Estate Direct Staff Report Plymouth Corporate Center, a 628,436-square-foot office property in the Minneapolis suburb of Plymouth, Minn, has been reappraised at a value of $453 million The latest appraisal, which was highlighted this...
A significant slug of securitized mortgages backed by hotels in the Austin, Texas, metropolitan statistical area could face refinancing challenges, as 39 loans with a total balance of $68558 million have debt yields less than 9%, according to data...
InvenTrust Properties has paid $34 million, or $20118/sf, for New Garden Crossing, a 169,000-square-foot retail property in Greensboro, NC The Downers Grove, Ill, REIT purchased the shopping center from Hackney Real Estate Partners of Richmond, Va,...
Commercial Real Estate Direct Staff Report The $375 million loan against the 58,850-square-foot Ditson Building in Lower Manhattan has been transferred to special servicing due to imminent default The loan, securitized through BANK, 2018-BN13, pays...
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.
