Bloomberg Name: JPMCC 2010-C2

Over the past 12 months, 16 CMBS loans with a balance of $1.75 billion against enclosed shopping malls have been modified, with most receiving term extensions, according to data culled from the Trepp CRE platform.

Commercial Real Estate Direct Staff Report Valley View Mall in LaCrosse, Wis., which owner Pennsylvania REIT had placed on its list of non-core properties, has been appraised at a value of only $14 million. That compares with the $26.43 million ...

Commercial Real Estate Direct Staff Report The $147.1 million CMBS loan against the 1.2 million-square-foot Arizona Mills shopping center in Tempe, Ariz., which had matured last month, has been extended by a year. The loan is one of seven remaining ...

Wilmorite Management Group, which owns the 1.6 million-square-foot Greece Ridge Center shopping mall in the Rochester, N.Y., suburb of Greece, N.Y., is looking to retire the property's $64.3 million mortgage. The Rochester mall owner is looking to get a waiver ...

The Real Deal Blackstone Group has paid $61 million, or $374.23/sf, for the 163,000-square-foot Towne Center East retail property in the Los Angeles suburb of Signal Hill, Calif. The New York investment manager bought the shopping center, at 2450 Cherry ...

Federal Realty Investment Trust has assumed the $71 million loan against the Shops at Sunset Place, a 514,437-square-foot retail/office property in Miami's South Beach area that it has purchased for $110.2 million, or just more than $214/sf. The Rockville, Md., ...

Commercial Real Estate Direct Staff Report Simon Property Group has evidently given up on the Shops at Sunset Place, a 514,437-square-foot open-air shopping center in Miami. The Indianapolis REIT, which this morning announced a 14.2 percent increase in funds from ...