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Commercial Real Estate Direct Staff Report A venture of Pyramid Management Group, Rhode Island developer Joe Paolino Jr., and DW Partners has struck a deal to buy the Providence Place Mall in Providence, R.I., potentially resolving the property's long-troubled $254.93 ...
The $76.15 million CMBS loan against the Dover Mall and Commons retail property in Dover, Del., is back in special servicing. The property very well could end up being owned by the CMBS trust that holds the loan.
Deutsche Bank has provided $130.1 million of financing against the 194,220-square-foot office building at 111 East 59th St. in midtown Manhattan, allowing for the defeasance of a $45 million CMBS loan. The collateral property will be redeveloped by its owner, ...
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