David Simon Passes Away After Battle with Cancer
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Bloomberg Name: GMACC 2004-C2
Sale of Military Circle Mall Generates 110 Percent Loss to $52.3Mln Loan
Commercial Real Estate Direct Staff Report Last month's sale of the Military Circle Mall in Norfolk, Va., for $11.3 million resulted in a loss of $57.4 million to the CMBS trust that had held a $52.3 million loan against it. ...
Last Asset in 2004 CMBS Deal Gets Sold for 21.6 Percent of Par
Commercial Real Estate Direct Staff Report The $52.3 million CMBS loan against the Military Circle Mall, an 858,174-square-foot shopping mall in Norfolk, Va., has been resolved through the sale of the collateral property for $11.3 million to the Norfolk Economic ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
