Commercial Real Estate Direct Staff Report Woodscreek Commons, a 210,000-square-foot retail property in the Chicago suburb of Algonquin, Ill., has been sold for $19.1 million to Bridge33 Capital. The sale resolves a defaulted $28.6 million mortgage that had been in ...
Commercial Real Estate Direct Staff Report The modified $165.6 million CMBS loan against the 778,370-square-foot office building in Islandia, N.Y., that once had served as the headquarters of Computer Associates again has transferred to special servicer C-III Asset Management. The ...
Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Bear Stearns Commercial ...
HFF had represented the Ratkovich Co. in its recapitalization of the Alhambra mixed-use property in suburban Los Angeles, which resulted in its CMBS loan being paid off in its entirety. The brokerage firm arranged for equity investments in the 846,541-square-foot ...
Commercial Real Estate Direct Staff Report Ratkovich Co. has completed the recapitalization of the Alhambra mixed-use complex in suburban Los Angeles, paying off in full the $130 million CMBS loan against it. The Los Angeles developer has sold an interest ...
Commercial Real Estate Direct Staff Report The $165.6 million CMBS loan against the Computer Associates headquarters property in Islandia, N.Y., has been modified, with its term extended through October 2020. The loan, securitized through GS Mortgage Securities Corp., 2006-GG8, had ...
Commercial Real Estate Direct Staff Report The venture led by Ratkovich Co. that owns the Alhambra mixed-use complex in suburban Los Angeles is close to completing a recapitalization of the 846,541-square-foot property that would result in its $130 million CMBS ...
Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $259 million mortgage against nine office buildings at the Fair Lakes Court office complex in Fairfax, Va., has taken the collateral in a deed-in-lieu of foreclosure. CD 2006-CD3 ...
Metropolitan Life Insurance Co. has provided a $130 million loan against 1410 Broadway, a 358,450-square-foot office building in the Penn Station area of Manhattan. The loan was used to pay off a $125 million loan that was securitized through GS ...
Commercial Real Estate Direct Staff Report The $130 million CMBS loan against the Alhambra mixed-use complex in suburban Los Angeles was transferred to special servicer C-III Asset Management when the property's owner, a venture led by Ratkovich Co., sought a ...
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