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General Growth Properties last month bought out its partner's interest in the Riverchase Galleria shopping center in suburban Birmingham, Ala., paying $33.8 million for its 50-percent stake. It also paid off the property's modified CMBS loan and will leave the ...
JPMorgan Chase Bank has provided financing against LNR Warner Center I, II and III in Los Angeles, allowing for a $174 million CMBS loan to be taken out, just weeks after that loan had transferred to special servicing. Despite the ...
Commercial Real Estate Direct Staff Report The $174 million CMBS loan against the former LNR Warner Center I, II and III property in the Woodland Hills area of Los Angeles has transferred to special servicer CWCapital Asset Management as its ...
The CMBS financing against Riverchase Galleria in suburban Birmingham, Ala., once again has been transferred to special servicing. But this time it's because the collateral property's owner, a venture led by General Growth Properties Inc., is planning to sell the ...
Commercial Real Estate Direct Staff Report Ivy Realty has paid $33 million, or just more than $202/sf, for the Twinbrook Office Center, a 163,194-square-foot office building in the Washington, D.C., suburb of Rockville, Md. The sale, brokered by Transwestern, resolves ...
Midwest Real Estate News One North LaSalle, a 500,000-square-foot office building in Chicago's Central Loop area, has been sold to a venture of Hilco Real Estate and MB Real Estate Services. The venture plans an extensive, multi-million-dollar redevelopment of the ...
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