David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Bloomberg Name: CCUBS 2017-C1
GoldenTree Leases 60,000 SF at Manhattan’s GM Building
New York Post GoldenTree Asset Management has signed a lease for 60,000 square feet at the General Motors Building in Manhattan. The investment manager will be relocating from 300 Park Ave., also in Manhattan. Its new lease is for 15 ...
Apartment Portfolio in Manhattan’s Chelsea Area Sells for $94.5Mln
Commercial Real Estate Direct Staff Report Westover Cos. has paid $94.5 million, or $642,857/unit, for a portfolio of 13 apartment properties with a total of 147 units in the Chelsea section of Manhattan. The King of Prussia, Pa., investor acquired ...
Suburban Washington, D.C., Office Gets Appraisal Slashed
Commercial Real Estate Direct Staff Report The 309,303-square-foot office building at 7900 Harkins Road in the Washington, D.C., suburb of Lanham, Md., that had served as 2U Inc.'s headquarters has been appraised at a value of only $16.2 million. In ...
Balyasny Expands Footprint at Manhattan’s GM Building
Commercial Observer Balyasny Asset Management has agreed to lease another 100,394 square feet at the General Motors Building at 767 Fifth Ave. in Manhattan, increasing its footprint to 164,000 sf. The investment manager, with $20 billion of assets under management, ...
2U Relocates to Arlington, Va., Office
Commercial Real Estate Direct Staff Report Online education company 2U Inc., which had filed for bankruptcy earlier this year, has relocated its headquarters to the 507,424-square-foot office property at 2345 Crystal Drive in Arlington, Va. The company previously had rejected ...
2U Inc.’s Lease Rejection in Maryland Prompts Transfer of Office Loan to Special Servicing
Commercial Real Estate Direct Staff Report Online education company 2U Inc. has filed for bankruptcy and rejected its lease for its headquarters space at the 309,303-square-foot office building at 7900 Harkins Road in the Washington, D.C., suburb of Lanham, Md. ...
Occupancy Woes Prompt Transfer of $111Mln Loan on Brooklyn, N.Y., Office to Special Servicing
Commercial Real Estate Direct Staff Report The $111 million CMBS loan against the 325,510-square-foot 16 Court St. office property in Brooklyn, N.Y., has transferred to special servicing as it's expected to default. The property has suffered from an increase in ...
Headquarters Plaza in Morristown, N.J., Sees Appraised Value Slashed by Third
Commercial Real Estate Direct Staff Report The appraised value of the Headquarters Plaza mixed-use complex in Morristown, N.J., has been slashed by a third to $158.6 million. The 729,516-square-foot property is comprised of three office buildings with 562,242 sf, a ...
INITIAL PRICING: CCUBS Commercial Mortgage Trust, 2017-C1
Class Amt $mln Sub Level% Avg Life (yrs) RatingFitch RatingKroll RatingMoody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 10.15 30.00 2.61 AAA AAA Aaa 99.998 2.264 +26 swaps A-2 118.87 30.00 4.81 AAA AAA Aaa 102.998 2.633 +48 ...
About
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.
