David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
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Pyramid Management Group, which in recent days had negotiated the three-year term extension of the $161.46 million mortgage on its Holyoke Mall in Massachusetts, has done the same with the $49.33 million mortgage against the Sangertown Square Mall in New Hartford, ...
Commercial Real Estate Direct Staff Report Pyramid Management Group has negotiated a three-year extension of the $161.46 million mortgage against its Holyoke Mall in the southcentral Massachusetts city of Holyoke, through the end of 2027. It would be the second ...
Commercial Real Estate Direct Staff Report Holyoke Mall, in the southcentral Massachusetts city of Holyoke, has been re-appraised at a value of $185 million, 46 percent of the $400 million value pegged to it in 2011. The property, owned by ...
Cash flows at hotel properties that back CMBS loans have seen a 50 percent drop in cash flow when compared with underwritten levels as a result of the coronavirus pandemic. Not surprisingly, cash flows at retail properties also have dropped, ...
Commercial Real Estate Direct Staff Report Turnpike Mall, a 214,934-square-foot enclosed shopping center in the capital city of Maine, has been sold for $3.2 million to Sun Equity Partners. The sale, first reported by the Bangor Daily News, resolves a ...
WKTV Sears Holding Corp. is closing its store at the Sangertown Square Mall in New Hartford, N.Y., when its lease ends in July. The retail company leases 152,619 square feet in the 893,874-sf property, which serves as collateral for $62.6 ...
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