Bloomberg Name: MSBAM 2015-C23

The Real Deal Magna Capital Management, which in 2022 acquired the $25 million mezzanine loan on the Hilton Garden Inn in midtown Manhattan, has taken the 401-room hotel through a Uniform Commercial Code foreclosure. The property, at 237 West 54th ...

Commercial Real Estate Direct Staff Report Melohn Properties has lined up a $167 million loan for the ground beneath the 1.2 million-square-foot office building at 32 Old Slip in lower Manhattan. The New York investor acquired the land in 2015 through ...

The Real Deal SK Realty Management has paid $30 million, or $465.04/sf, for Sawgrass Landing, a 64,510-square-foot shopping center in Sunrise, Fla. The New York company purchased the retail property from Midtown Development of Miami, which had built it in ...

Commercial Real Estate Direct Staff Report The $155 million loan against the 401-room Hilton Garden Inn West 54th St. in midtown Manhattan has transferred to special servicer LNR Partners as its maturity approaches next month. The loan is securitized through ...

Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingDBRS Pricing % Yield% Final Pricing (bp) Bnch mark A-1 45.80 30.00 2.87 Aaa AAA AAA 99.998 1.668 +38  swaps A-2 122.10 30.00 4.89 Aaa AAA  AAA 102.996 2.320 +48  ...

Commercial Real Estate Direct Staff Report The 36-story building at 32 Old Slip near Manhattan's southern tip has been recapitalized. RXR Realty, which had acquired the 1.1 million-square-foot building last year for $675 million, sold the land beneath it to ...