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Commercial Real Estate Direct Staff Report The $69.24 million of CMBS financing against the 1.2 million-square-foot Westminster Mall in Westminster, Calif., has been transferred to special servicer Torchlight Loan Services. The transfer was first highlighted by The Real Deal. The ...
Commercial Real Estate Direct Staff Report The $158.75 million loan against 306,855 square feet at the 1.09 million-sf Miami International Mall has been modified, with its term extended through next February. It can be extended by another year. But the ...
The Real Deal Accesso Partners has defaulted on $69.29 million of CMBS debt against the 536,000-square-foot office property at 200 West Monroe St. in Chicago. The Hallandale Beach, Fla., investment firm acquired the property in 2014 as part of a ...
Milwaukee Business Journal Hendricks Commercial Properties has paid $17.3 million, or about $303.50/sf, for the 57,000-square-foot Shoppes at Nagawaukee in Delafield, Wis., which is roughly midway between Milwaukee and Madison, Wis. The Beloit, Wis., investor bought the property from Wangard ...
Commercial Real Estate Direct Staff Report Washington Prime Group has confirmed that it's giving up on three additional shopping malls, a move that would wipe out $75 million of indebtedness from its balance sheet. The three properties are the Charlottesville ...
Commercial Real Estate Direct Staff Report The $75 million CMBS loan against the 535,538 square feet of office and retail space at 200 West Monroe St. in downtown Chicago could be at an increased risk of default in the coming ...
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© 2023 Commercial Real Estate Direct All rights reserved..