David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Philadelphia Inquirer The former Franklin Mills Mall has been placed on the sales block through JLL Capital Markets. The move is not surprising as the property's owner, Simon Property Group, placed the 1.58 million-square-foot shopping mall in its "other properties" category ...
Commercial Real Estate Direct Staff Report The Philadelphia Mills Mall has been re-appraised at a value of only $76 million - one-third of the $258.42 million of mortgage debt against it. The property, formerly the Franklin Mills Mall, is owned ...
Commercial Real Estate Direct Staff Report The Simon Property Group venture that owns the Philadelphia Mills Mall, as expected, is planning to turn the property over to its lenders, the two CMBS trusts that hold $258.42 million of mortgage debt ...
Commercial Real Estate Direct Staff Report The $258.4 million loan against Philadelphia Mills, a 1.58 million-square-foot shopping mall in Philadelphia, has been transferred to special servicing due to imminent default. The transfer, to Greystone Servicing Co., was highlighted late last ...
The $278.2 million CMBS loan against what is now called the Philadelphia Mills shopping center in Philadelphia, which had transferred to special servicing in March, has been modified once again. Its term was extended by another five years through June ...
Commercial Real Estate Direct Staff Report Simon Property Group is aiming to get the upcoming maturity date of the $278.2 million CMBS loan against the former Franklin Mills mall in Philadelphia extended again, buying it additional time to line up ...
Commercial Real Estate Direct Staff Report The $278.2 million CMBS loan against the retail property formerly known as Franklin Mills in Philadelphia has transferred to special servicing once again. The transfer, highlighted this morning in a TreppWire report, was prompted ...
Commercial Real Estate Direct Staff Report The modified $87.6 million CMBS loan against State House Square, an 837,225-square-foot office complex in Hartford, Conn., has transferred to special servicing again as it is expected to default. The transfer to C-III Asset ...
Commercial Real Estate Direct Staff Report The $55 million CMBS loan against Rosemont Commons, a suburban Akron, Ohio, retail property, is in the process of being split in two as part of a modification. The effort was highlighted this morning ...
Commercial Real Estate Direct Staff Report The $55 million CMBS loan against Rosemont Commons, a 483,347-square-foot retail property in suburban Akron, Ohio, has transferred to special servicer C-III Asset Management as its June 10 maturity date approaches. The transfer was ...
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