Commercial Real Estate Direct Staff Report Riverstone Group's $108 million purchase of the James Center office complex in Richmond, Va., resulted in a loss of $55 million to the two CMBS deals that had held a total of $150 million ...
Commercial Real Estate Direct Staff Report The Berger Organization, an old-line Newark, N.J., developer, has purchased 33 Washington St., a 410,693-square-foot office building in the city. The company bought the 47-year-old building from LNR Partners, which had been overseeing it ...
Richmond Biz Sense An unnamed buyer is under contract to acquire the James Center, a 974,268-square-foot office complex in downtown Richmond, Va., that serves as collateral for $150 million of CMBS debt. A $100 million piece is securitized through GMAC ...
LNR Partners has hired HFF to market for sale the James Center, a 974,268-square-foot office complex in downtown Richmond, Va., that had served as collateral for $150 million of CMBS debt that had defaulted early this year. The three-building complex, ...
Commercial Real Estate Direct Staff Report Special servicer CWCapital Asset Management has decided to initiate foreclosure proceedings against a $150 million CMBS loan that encumbers the 974,268-square-foot James Center office complex in Richmond, Va. The Bethesda, Md., special servicer had ...
Mesa West Capital has provided $130 million of financing against 1 Columbia Place, the former First Naional Bank Center, in San Diego. The five-year loan allowed the property's owner, Emmes Group of Cos., to retire a $98 million mortgage, a ...
Commercial Real Estate Direct Staff Report The 974,268-square-foot James Center office complex in Richmond, Va., that secures $150 million of CMBS debt has been appraised at a value of $136 million, according to a report on TreppWire. The three-building property ...
Richmond BizSense The securitized debt against the 974,268-square-foot James Center office complex in Richmond, Va., has been transferred to special servicing after its largest tenant announced plans to move. Law firm McGuire Woods will vacate the 257,000 sf it occupies ...
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© 2023 Commercial Real Estate Direct All rights reserved..