Commercial Real Estate Direct Staff Report Clipper Realty Inc expects to turn over the 12-story mixed-use building at 250 Livingston St in Brooklyn, NY, to its lender Last September, the New York REIT stopped making debt-service payments on the...
Commercial Real Estate Direct Staff Report Denver’s Wells Fargo Center office building continues to face declining occupancy, which has contributed to another drop in its appraised value The 52-story building, at 1700 North Lincoln St, was...
The major public mortgage REITs originated $52 billion of commercial real estate loans during the first quarter But their collective portfolios shrunk by 1% to $8237...
The amount of office space available for sublease in Chicago's central business district this month declined by 208% from a year ago to 45 million square feet, according to...
Class Amt $mln Sub Level % Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody’s Price % Yield % Final Pricing (bp) Bnch mrk A-1 126 3000 237 AAA AAA Aaa 9999995 480601 +709 J-spread A-2 7200 3000 460 AAA AAA Aaa 10099999 48572 +77...
Commercial Real Estate Direct Staff Report Manchester Financial Group, which owns the 1,048-room Fairmont Austin hotel in Austin, Texas, tapped a reserve fund to pay some of the property’s taxes It evidently did that without consent of its...
The sale-leaseback market maintained its momentum through the first quarter, and given strong M&A activity and favorable market conditions, demand should remain...
Commercial Real Estate Direct Staff Report The 21 million-square-foot Illinois Center office complex in Chicago’s East Loop submarket has been reappraised at a value of $665 million The two-building property, at 111 East Wacker Drive and 233...
Commercial Real Estate Direct Staff Report Property prices increased slightly during the first quarter, according to the Trepp Property Price Index, or TPPI Prices were up 009% from the fourth quarter and 048% from a year ago, according to the TPPI...
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.
