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Office property values in Seattle continue to get hammered. The latest hit is a portfolio of nine properties with 1.64 million square feet owned by Martin Selig Real Estate in the city's Lower Queen Anne, Elliott Park, Belltown, and Financial ...
Commercial Real Estate Direct Staff Report The $54.51 million CMBS loan against the 540,508-square-foot Parkchester Commercial mixed-use property in the Bronx, N.Y., has been transferred to special servicer Midland Loan Services as it was not paid off at its maturity ...
Commercial Real Estate Direct Staff Report The $64 million loan against 170 Broadway, a 16,135-square-foot retail property in lower Manhattan, has transferred to special servicer Midland Loan Services as its sole tenant is expected to vacate. The property currently is ...
Martin Selig Real Estate has warned that it would be unable to pay off the $379.1 million of financing against nine of its office properties in and around Seattle when it comes due in April. That's on top of it ...
Commercial Real Estate Direct Staff Report The Simons Foundation, the non-profit organization that paid $181 million for the 122,000 square feet of office space at 160 Fifth Ave. in Manhattan has assumed the $110 million of CMBS debt against the ...
The Real Deal The Simons Foundation has paid $181 million, or about $1,483.61/sf, for the 122,000 square feet of office space at 160 Fifth Ave. in Manhattan. The New York nonprofit bought the space from RFR Holdings, which will retail ...
Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingKroll Pricing % Yield% Final Pricing (bp) Bnch mark A-1 29.30 30.00 2.85 Aaa AAA AAA 99.999 1.442 +40 swaps A-2 146.43 30.00 4.92 Aaa AAA AAA 102.999 2.027 +55 ...
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