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...
The appraised value of a 738-unit apartment property in suburban Cleveland, which was financed with a $53 million CMBS loan just two years ago, has been reduced by just more than 84%, to only $181...
Commercial Real Estate Direct Staff Report The 42,000 square feet of retail space at the base of the 12-story 599 Broadway office building in Manhattan’s SoHo neighborhood has had its appraised value slashed by nearly 80% to $32 million The...
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...
Half of all data-center operators reported that their properties had experienced power outages within the past three years, according to data compiled by the Uptime Institute That was down from 53% in...
Commercial Real Estate Direct Staff Report The appraised value of the 781,426-square-foot office property at 10 South LaSalle St in Chicago has been reduced once again, this time to $272 million Last September, the property had its value slashed by...
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...
Commercial Real Estate Direct Staff Report The appraised value of the 448-room Hilton Houston Post Oak hotel in the city’s Uptown area has been reduced again, this time by more than half to $31 million The property, constructed in 1982 but...
Kohan Retail Investment Group has purchased the Pecanland Mall in the northern Louisiana city of Monroe, giving it its second shopping mall in the state It also owns the Pierre Bossier Mall in Bossier City, which it also bought from a CMBS...
Tampa Bay Business Journal An affiliate of Ardent has filed a foreclosure suit against the owner of the 432-unit X Tampa apartment project in downtown Tampa, Fla The suit filed by the Atlanta lender claims that the borrower, Chicago developer X Cos,...
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