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: JPMBB 2013-C12
Accesso Exercises Option to Extend $143.87Mln Loan on Minn. Office for Another Year
Accesso Partners has exercised an option it previously negotiated to extend the term of the $143.87 million loan against the two-building IDS Center in downtown Minneapolis to next June. The Hallandale Beach, Fla., company had negotiated a term extension two ...
Cleveland’s Steelyard Commons Generates Plenty of Cash Flow to Service Loan
Commercial Real Estate Direct Staff Report The Steelyard Commons retail center in Cleveland last year generated $3.3 million of net cash flow - far more than initially reported - and 41 percent more than needed to service its CMBS loan. ...
Cleveland Retail Center Sees Sharp Drop in Cash Flow as Loan Maturity Nears
Commercial Real Estate Direct Staff Report The $38.1 million CMBS loan against the Steelyard Commons shopping center in Cleveland could very well be challenged to get refinanced when it matures in just more than a year. The loan, securitized through ...
Hospitality Properties Seen Buying Beverly Heritage Hotel in Milpitas, Calif.
Hospitality Properties Trust is said to be close to buying the 236-room Beverly Heritage Hotel in Milpitas, Calif., for $52 million, or nearly $220,340/room. The Newton, Mass., REIT would buy the property from an affiliate of Fillmore Capital Partners and ...
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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.
