Commercial Real Estate Direct Staff Report The CMBS trusts that held a $160 million mortgage against the 503,312-square-foot Park Square office property in Boston’s Back Bay area have taken it through foreclosure The loan is split into two...
Commercial Real Estate Direct Staff Report Newgate Mall in Ogden, Utah, which was taken through foreclosure in April 2021 by the CMBS trust that held what was a $58 million mortgage against it, has been reappraised at a value of $171 million The...
Commercial Real Estate Direct Staff Report The CMBS mortgage against the Dayton Mall in Dayton, Ohio, has had its term extended by just more than eight years through November 2030 The loan, securitized through WFRBS Commercial Mortgage Trust,...
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...
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...
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...
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 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.
