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
Commercial Real Estate Direct Staff Report The former One Shell Square office building in downtown New Orleans, facing the potential loss of its largest tenant, has had its appraised value cut in half to $89.9 million. The 1.25 million-square-foot property ...
Pearlridge Center, the largest enclosed mall in Hawaii, has been reappraised at a value of only $176.5 million, one-third less than the $225 million loan against it. The venture that owns the property has consented to placing it in receivership.
Commercial Real Estate Direct Staff Report With anchor tenant Shell Oil Co. having drastically reduced its footprint at the Hancock Whitney Center, the 1.25 million-square-foot former One Shell Square office building in downtown New Orleans, the property's owner has been ...
FalconEye Ventures has paid $645.1 million, or $850/sf, for the Scottsdale Quarter mixed-use property in North Scottsdale, Ariz. It was purchased from a venture led by Washington Prime Group. Its sale allowed for the payoff of a CMBS loan that ...
Facing a maturity in the coming month, the $263.29 million of CMBS financing against the Pearlridge Center, the largest enclosed mall in Hawaii, has transferred to special servicer KeyBank.
Developer 3L Real Estate has purchased One City Centre, a 602,122-square-foot office property in Houston, for $24.62 million, or nearly $41/sf. Its $100 million CMBS loan took an $83.35 million hit.
Commercial Real Estate Direct Staff Report One City Centre, a 602,122-square-foot office building at 1021 Main St. in Houston, is under contract to be sold. That's according to a CMBS Newsflash by Morningstar Credit Analytics this morning. JLL has been marketing ...
Commercial Real Estate Direct Staff Report One City Centre, a 602,122-square-foot office building in Houston that backs $100 million of CMBS debt, might be worth only $35.7 million, according to DBRS Morningstar. The collateral building, which will lose its largest ...
Commercial Real Estate Direct Staff Report Houston's One City Centre office building might be worth only $51.2 million, according to Morningstar Credit Ratings, as a result of the upcoming departure of its largest tenant, Waste Management Inc. The 602,122-square-foot property, ...
A venture of Washington Prime Group Inc. and an affiliate of O'Connor Capital Partners has paid $70 million for a 180,000-square-foot section of the Pearlridge Center, giving it full control of Hawaii's largest enclosed mall. The venture already owned the ...
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