Rialto Capital Advisors remained atop a ranking of CMBS conduit B-piece buyers, taking down the most subordinate bonds of four transactions with a balance of $31 billion, or 1926% of the $161 billion of conduit deals that priced during the first...
South Florida Business Journal A venture of Housing Trust Group and AM Affordable Housing has lined up $775 million of financing for the construction of Artisan Pointe, a 115-unit affordable housing project in Homestead, Fla The financing consists...
Commercial Real Estate Direct Staff Report Namdar Realty Group has acquired the distressed $9181 million mortgage against the 147 million-square-foot Gateway Center office complex in downtown Pittsburgh The loan was one of two remaining in the...
AMC Entertainment generated $16 billion of revenue during the second quarter, the company's highest grossing quarter in its 106-year history Meanwhile, loans against properties in which it's a tenant have outperformed CMBS retail loans in...
Commercial Real Estate Direct Staff Report The real estate arm of brothers Michael and David Shabsels last month filed for Chapter 11 bankruptcy protection in US Bankruptcy Court for the District of New Jersey The unit, Damis Holdings LLC, owns 55...
Commercial Real Estate Direct Staff Report The $1004 million CMBS loan against the Meadows Mall just northwest of the Las Vegas Strip has transferred to special servicer Midland Loan Services as it’s maturing in the coming weeks The loan is...
The weighted average occupancy rate of apartment properties that back both private-label and Freddie Mac loans securitized in 2021 largely have fallen short of underwritten...
South Florida Business Journal Northlink Capital has increased the construction financing for its 222-unit residential condominium project at 7200 Collins Ave in Miami Beach, Fla, to $85 million A lending group led by Deutsche Bank provided...
Commercial Real Estate Direct Staff Report The sale of Los Angeles’ 14 million-square-foot Bank of America Plaza office property has resulted in a loss of $17587 million to the four CMBS trusts that held a $400 million loan against the...
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.
