Bloomberg Name: CGCMT 2014-GC23

Seattle's office sector continues to struggle, with the city's overall vacancy rate climbing to 33% at the end of March from the 28.7% reported a year ago. The city's weakness is reflected in CMBS, where one-third of loans against Seattle ...

Commercial Real Estate Direct Staff Report The appraised value of a seven-property office portfolio in Seattle owned by Martin Selig Real Estate once again has been lowered, this time to $149.8 million. The latest appraisal, which was highlighted in a ...

Commercial Real Estate Direct Staff Report Martin Selig Real Estate evidently has struck a deal to modify a $238.94 million CMBS loan against seven Seattle office buildings that had matured in May. Terms of the modification couldn't be learned. The ...

Citi Real Estate Funding Inc. has provided $155 million of financing against the 578,105-square-foot office and retail building at 28-40 West 23rd St. in Manhattan's Flatiron District. The five-year loan, arranged by Ackman-Ziff, allowed the property's owner, Williams Equities, to ...

Goldman Sachs Mortgage Co. has provided $345 million of financing against a portfolio of nine office properties in downtown Seattle with 1.6 million square feet owned by Martin Selig Real Estate. A big chunk of the loan was used to ...