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Commercial Real Estate Direct Staff Report The $63 million CMBS loan against the Crossroads Marketplace shopping center in Chino Hills, Calif., has transferred to special servicing because it's expected to default. The loan, which encumbers 239,912 square feet of the ...
Commercial Real Estate Direct Staff Report The $122.9 million CMBS loan against the Greensboro Corporate Center in suburban Washington, D.C., has been transferred to special servicing because it is expected to default. The transfer to special servicer CWCapital Asset Management ...
Newport Marketplace, a 125,441-square-foot retail center in Newport News, Va., that backs a $17 million CMBS loan, has been listed for sale. The loan on the property, at 353 Chatham Drive, is securitized through Citigroup Commercial Mortgage Securities, 2007-C6. It ...
The following story has been edited to correct the loan's maturity to June 1, 2017, and the reason for its transfer to special servicing, which was imminent default. Commercial Real Estate Direct Staff Report The $47.5 million CMBS loan ...
Commercial Real Estate Direct Staff Report CBRE Global Investors has paid a venture of Invest West Financial Corp. and Santa Barbara Capital $51.6 million, or about $693/sf, for Gateway at Burbank, a 74,391-square-foot shopping center in Burbank, Calif. The two-building ...
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