Minneapolis Star Tribune PCCP LLC has defaulted on a $62.15 million loan against the Northstar Center in downtown Minneapolis, and the debt is now in foreclosure. The property is scheduled to be sold at a Jan. 18 sheriff's sale. The ...
TIAA has provided $400 million of mortgage financing against a portfolio of six office properties with about 1 million square feet in the downtown and East End areas of Washington, D.C. The loan was used by the owner of the ...
Commercial Real Estate Direct Staff Report Etre Asset Management has suspended a plan to raise public equity to buy an 89 percent interest in the 224-unit Penn Treaty Village Penthouses apartment complex in Philadelphia. According to a regulatory filing by ...
BizNow Tishman Speyer is redeveloping Presidential Plaza, a 113,000-square-foot office building at 900 19th St NW, Washington D.C. A glass facade will be added to the 37-year-old building, whose lobby and elevators will be redone. It also will get a fitness ...
Washington Business Journal The Advisory Board has signed a lease with Douglas Development and Brookfield Property Partners for roughly 530,000 square feet at 655 New York Ave. NW, a proposed 756,000-sf office building in Washington, D.C.. Construction on the property ...
Commercial Real Estate Direct Staff Report Goldman Sachs Group Inc. has provided $123 million of floating-rate financing against Canal Center, a 538,895-square-foot office building in Alexandria, Va. The five-year loan was arranged by Cassidy Turley and was structured with a ...
A venture of American Real Estate Partners and Investcorp has paid $176 million, or roughly $327/sf, for the Canal Center Plaza, a 538,895-square-foot office property in the Washington, D.C., suburb of Alexandria, Va. It acquired the property from Tishman Speyer ...
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© 2023 Commercial Real Estate Direct All rights reserved..