Franklin BSP Realty Trust Inc. has provided $65 million of financing against the Wildwood Center, a 668,082-square-foot office property in Atlanta. The fresh financing, which requires only interest payments for its five-year term and pays a 7.98 percent coupon, was ...
Crain's New York Business A venture of Carlyle Group and Gotham Organization has paid $265 million, or $861,290/unit, for the 310-unit Aire Apartments in the Lincoln Square section of Manhattan. The sale, by A&R Kalimian Realty, allows for the payoff ...
Commercial Real Estate Direct Staff Report The CMBS loan against the upscale Aire apartment property on Manhattan's Upper West Side has transferred to special servicer Mount Street US as it's expected to face challenges getting refinanced by its November maturity. The ...
Fitch Ratings has changed to negative its outlook for the BB-rated class F of JPMBB Commercial Mortgage Securities Corp., 2013-C17, because of the CMBS deal's 9.4 percent exposure to the area affected by Hurricane Harvey. The rating action becomes the ...
LPC Realty Advisors, an affiliate of Lincoln Property Co., has purchased 801 Travis St., a 220,380-square-foot office building in downtown Houston. The Chicago investment manager bought the 21-story building, which includes an 11-story parking garage, from Goddard Investment Group, which ...
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