Bloomberg Name: MSBAM 2013-C7

It appears the Valley West Mall in West Des Moines, Iowa, is once again under contract to be sold. The 856,428-square-foot shopping center had been expected to sell for $13.1 million to the city of West Des Moines, which was working ...

The proposed $13.1 million sale of the Valley West Mall in West Des Moines, Iowa, to the city has fallen apart. The enclosed shopping mall has been under the oversight of a court-appointed receiver since 2022. It backs a $37.42 ...

Crain’s New York Business Thor Equities has lost a pair of retail properties in Manhattan to foreclosure after defaulting on a total of $34.2 million in debt. The Brooklyn, N.Y., developer lost the 26,000-square-foot property at 446 West 14th St. ...

Commercial Real Estate Direct Staff Report Solomon Pond Mall in Marlborough, Mass., has been appraised at a value of only $29.7 million, roughly one-third of the amount of debt the shopping center carries. The retail property is owned by a ...

Simon Property Group has added two malls to its list of "other properties," an indication that it's willing to give up on them. The two malls bring to 18 the number of properties the Indianapolis REIT has earmarked as "other." ...

Commercial Real Estate Direct Staff Report The $43.6 million CMBS loan against the 856,064-square-foot Valley West Mall in West Des Moines, Iowa, has been transferred to special servicing because it's expected to default. The transfer was highlighted this morning in ...