The $7615 million CMBS loan against the Dover Mall and Commons retail property in Dover, Del, is back in special servicing The property very well could end up being owned by the CMBS trust that holds the...
Houston Chronicle Boardwalk Pipeline has agreed to lease 143,253 square feet of office space at the CityCentre mixed-use development in Houston The locally based pipeline company will lease four floors at the 990 Town & Country building,...
Commercial Real Estate Direct Staff Report South Plains Mall in Lubbock, Texas, whose $200 million CMBS loan was extended recently by four years through November 2029, has been reappraised at a value of $114 million The 131 million-square-foot...
REBusiness Online Hyundai Translead has agreed to lease a 14 million-square-foot industrial property at 2200 Channahon Road in Joliet, Ill, a southern suburb of Chicago The subsidiary of Hyundai Motor Co leased the property from Industrial Realty...
Commercial Real Estate Direct Staff Report Interra Capital Group has acquired the 45 million-square-foot Greenway Plaza office complex in Houston, subject to the assumption of its $4162 million mortgage The Houston investment manager, led by Jack...
Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc has lined up a $43 million mortgage from Bank of Montreal against the 403,671 square feet of retail space that it owns at the 748,094-sf Northwoods Mall in North...
The General Services Administration recently found that none of the 9,766 buildings the government occupies meet the 60% utilization threshold mandated by the USE IT Act, which could accelerate its property disposition...
A total of 41 CMBS loans with a balance of $286 billion were newly transferred to special servicers last month That was among the highest monthly totals of new transfers in more than a year However, the total volume of loans in special servicing...
Rialto Capital Advisors was the most active buyer of CMBS conduit B-pieces during the first quarter, taking down the most subordinate bond classes of three of the period's 10...
Commercial Real Estate Direct Staff Report Aurora Capital Associates has paid $54 million, or $675/sf, for the 80,032-square-foot Scribner Building and its neighboring Redfern Building in Midtown Manhattan The Cayre family office, which is led by...
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