Bloomberg Name: GCCFC 2005-GG5

Commercial Real Estate Direct Staff Report MetLife has provided $125 million of financing against the 683,797-square-foot Fountains at Lake Success office property in New Hyde Park, N.Y., on Long Island. The loan allowed the property's owner, a venture of Rockpoint ...

Atlanta Business Chronicle Exeter Property Group has paid $20.9 million for a 729,400-square-foot industrial property in Lithia Springs, Ga. The property, on 52 acres at 1265 Terminus Drive, was sold at a recent online auction through the Ten-X platform. It ...

The former owner of an Oakland, Calif., retail center that was taken through foreclosure two years ago is hoping an upcoming jury trial will provide closure to a five-year ordeal - that he likened to purgatory - involving the property's ...

Commercial Real Estate Direct Staff Report A group of tenant-in-common investors sponsored by Tristone Realty Management has sold the 115,000-square-foot Butterfield Plaza shopping center in Downers Grove, Ill., for $21.4 million, or about $186/sf. The sale, to Viking Partners of ...

  Hakim Holdings has paid $48 million, or $787/sf, for 9350 Wilshire Blvd., a 61,000-square-foot office building in Beverly Hills, Calif. The investment firm, led by brothers Alexander and Steven Hakim and their father, Kambiz Hakim, bought the 58-year-old property ...

JPMorgan Chase Bank has provided $350 million of mortgage financing against 174,000 square feet of retail space at the base of 731 Lexington Ave., a mixed-use building in midtown Manhattan. The three-year loan has a rate pegged to Libor plus ...

Commercial Real Estate Direct Staff Report The $12.2 million sale of the Fisher and Albert Kahn Buildings in Detroit resulted in an $18.8 million loss to the CMBS loan against the property. The $24 million loan against the buildings was ...

Commercial Real Estate Direct Staff Report Massachusetts Mutual Life Insurance Co. has lent $70 million against the 267-room DoubleTree by Hilton in Boston. The 10-year mortgage retires $34.6 million of financing that was securitized through Greenwich Capital Commercial Funding Corp., ...

Laurus Corp. has purchased the Promenade at Howard Hughes Center, a 248,036-square-foot retail property in Los Angeles, for about $100 million, or $403/sf. It bought the property, part of the 1.6 million-sf Howard Hughes Center mixed-use complex, from Passco Real ...

Metropolitan Life Insurance Co. has provided $290 million of floating-rate financing against the Wells Fargo Center, with 1.2 million square feet at 1700 Lincoln St. in Denver. The financing takes out $276 million of CMBS debt that was securitized through ...