David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Commercial Real Estate Direct Staff Report The venture that owns the 441,922-square-foot office building at 261 Fifth Ave. in the Midtown South submarket of Manhattan is negotiating a potential maturity extension of the property's $180 million mortgage. The loan matured ...
Commercial Real Estate Direct Staff Report The 441,922-square-foot 261 Fifth Ave. office building in the Midtown South submarket of Manhattan, which was 85% occupied as of June, hasn't been able to refinance its now-matured $180 million mortgage. However, that’s not ...
Yeshiva University has signed a lease to take 160,000 square feet at the Herald Center mixed-use property in Manhattan's Penn Station area. The lease will bring the property to full occupancy. It was hit hard last year, when ASA College ...
Commercial Real Estate Direct Staff Report The Herald Center mixed-use property, with 249,063 square feet in Manhattan, has had its appraised value lowered by 52 percent to $276 million. That's just $31 million more than is owed against the property. ...
The Real Deal JEMB Realty Corp. has made a "significant equity infusion" in exchange for a one-year term extension of its $255 million loan against Herald Center, a 249,063-square-foot mixed-use property in Manhattan. The loan is securitized through three CMBS ...
Class Amt $mln Sub Level% Avg Life (yrs) RatingFitch RatingKroll RatingMoody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 34.00 30.00 2.88 AAA AAA Aaa 99.999 1.598 +63 swaps A-2 28.70 30.00 4.85 AAA AAA Aaa 102.995 2.137 +75 ...
© 2025 Commercial Real Estate Direct All rights reserved.
© 2024 Commercial Real Estate Direct All rights reserved..
