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
Bloomberg Name: GSMS 2019-600C
Sale of Loan Against San Francisco Office Spells Big Loss to CMBS Deal
Commercial Real Estate Direct Staff Report Lone Star Funds' $130.6 million purchase of the $240 million mortgage against the 359,883-square-foot 600 California St. office building in San Francisco resulted in a $144.03 million loss to the CMBS trust that held ...
Former AAA-Rated Class of Single-Borrower CMBS Deal Gets Downgraded to Junk
DBRS Morningstar has slashed its ratings on every bond class of GS Mortgage Securities Corp. II, 2019-600C, which is backed by a $240 million mortgage against the 359,883-square-foot office property at 600 California St. in San Francisco. The deal's highest-rated ...
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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.
