Bloomberg Name: COMM 2013-CR9

Commercial Real Estate Direct Staff Report JLL evidently was hired by Midland Loan Services to market for sale the Westfield Sarasota Square shopping mall in Sarasota, Fla. A total of 512,849 square feet of the 1 million-sf retail property serves ...

Commercial Real Estate Direct Staff Report The Westfield Sarasota Square shopping mall in Sarasota, Fla., will soon be formally offered for sale. A 512,849-square-foot chunk of the 1 million-sf property serves as collateral for a $38 million CMBS loan, securitized ...

  Commercial Real Estate Direct Staff Report The $25.8 million CMBS loan against the 504-unit Raintree Apartments in Tonawanda, N.Y., which is just north of Buffalo, N.Y., has transferred to special servicer Midland Loan Services because it's expected to default. ...

Commercial Real Estate Direct Staff Report Westfield Sarasota Square, a regional shopping mall in Sarasota, Fla., that backs a $38 million CMBS loan, is getting pinched by the departure of two of its four anchors. The 1 million-square-foot property, of ...

Commercial Real Estate Direct Staff Report A $71.1 million CMBS loan against a portfolio of five apartment properties with 2,013 units in Mobile, Ala., has transferred to special servicing, according to Morgan Stanley. The transfer, which the investment bank's CMBS ...

After cutting its teeth on buying distressed debt, New York investment manager Steeprock Capital has shifted its focus to high-yield lending and expects to originate $400 million of mezzanine loans over the next two years. Its lending activity has been ...