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Commercial Real Estate Direct Staff Report The Westfield Wheaton shopping mall in the Washington, D.C., suburb of Wheaton, Md., is in the process of being sold. The buyer, which couldn't be identified immediately, will be assuming what was a $234.62 ...
Commercial Real Estate Direct Staff Report Keystone Property Group has sold the 137,021-square-foot 1200 Corporate Place office building in Boca Raton, Fla., for $31.4 million, or $233.03/sf. The Philadelphia-area investment manager had purchased the four-story building in 2011, when it ...
Mesa West Capital has provided $55 million of mortgage financing against the 186-room Burton House Beverly Hills hotel at the southern end of Beverly Hills, Calif. The loan allowed the property's owner, Seaview Investors of Newport Beach, Calif., to refinance ...
Having matured last month, the $234.6 million senior mortgage against the Westfield Wheaton shopping center in the Washington, D.C., suburb of Wheaton, Md., has transferred to special servicing. Its owner, Unibail-Rodamco-Westfield, said it's working on a possible sale or refinancing. ...
Trumbull Mall, which only two years ago changed hands, recently faced the maturity of its $152.3 million mortgage, and its owner - a venture of Mason Asset Management and Namdar Realty Group - has said it won't be able to ...
Commercial Real Estate Direct Staff Report The $230 million loan that JPMorgan Chase Bank had provided against the 353-room SoHo Grand Hotel and 201-room Roxy Hotel in lower Manhattan pays a 5.54 percent coupon. The loan requires only interest payments ...
REBusiness Online Palladius Capital Management has bought The Luxx, a 694-bed student-housing property in San Antonio. The Austin, Texas, investment firm purchased the property from a joint venture of Crow Holdings Capital and the Preiss Co. The purchase price was ...
Commercial Real Estate Direct Staff Report Sears' plan to close the 87,939-square-foot store it operates at the Bayshore Mall in Eureka, Calif., has prompted Morningstar Credit Ratings to place the $45.1 million CMBS loan against the property on its ...
Welltower Inc. has purchased the Westlake Medical Plaza, a 50,000-square-foot office property in Westlake Village, Calif., for $30 million, or $599/sf. The Toledo, Ohio, REIT bought the two-building property, at 1220 and 1250 La Venta Drive, from a venture of ...
Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingDBRS RatingKroll RatingMStar Pricing % Yield% Final Pricing (bp) Bnch mark A-1 64.15 30.00 2.42 Aaa AAA AAA AAA 100.000 1.435 +40 swaps A-2 30.62 30.00 4.53 Aaa AAA AAA AAA ...
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