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...
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...
MF1 Capital, best known as a provider of bridge financing against apartment properties, is tapping the CMBS market with a $73422 million conduit-like transaction backed by fixed-rate loans against apartment...
Commercial Real Estate Direct Staff Report The 119 million-square-foot JACX office complex in Queens, NY, has had its appraised value slashed by 44% to $480 million The property, constructed in 2019, is comprised of two 26-story buildings that are...
Crain’s Chicago Business The 691,410-square-foot office building at 2 North LaSalle St in Chicago has been brought to the sales block by the bondholders that took control of it two years ago Torchlight Loan Services, the special servicer...
CBL & Associates Properties Inc is in talks to turn its Parkdale Mall and Crossing retail properties in Beaumont, Texas, over to its CMBS lender, which holds a $4755 million loan against them...
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.
