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Commercial Real Estate Direct Staff Report Chesapeake Square Mall has been sold for $19.5 million, resulting in a $51.1 million loss to the $59.9 million CMBS loan against the 760,420-square-foot shopping center. The property in Chesapeake, Va., last was appraised ...
Torchlight Loan Services is special servicer for JPMorgan Chase Commercial Mortgage Securities Corp., 2004-LN2, which owns the Chesapeake Square Mall in Chesapeake, Va. A story published on July 28, " Mission Capital Tapped to Sell Chesapeake Square Mall," incorrectly identified ...
Torchlight Loan Services has put the Chesapeake Square Mall, which it took through foreclosure roughly a year ago, on the sales block. Mission Capital Advisors has been hired to market the Chesapeake, Va., property, which had been encumbered by a ...
Commercial Real Estate Direct Staff Report WP Glimcher Inc. wrote down the value of its Chesapeake Square Mall near Virginia Beach, Va., to $25.4 million last quarter, after it received notice that one of the property's anchors would shutter its ...
Commercial Real Estate Direct Staff Report The $63.2 million CMBS loan against Chesapeake Square, a regional mall near Virginia Beach, Va., has been transferred to special servicing once again. The loan, securitized through JPMorgan Chase Commercial Mortgage Securities Corp., ...
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