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
Bloomberg Name: MSC 2014-150E
$525Mln CMBS Loan Against Manhattan’s 150 East 42nd St. Office Transfers to Special Servicing
Commercial Real Estate Direct Staff Report The $525 million loan against the 1.7 million-sf office building at 150 East 42nd St. in midtown Manhattan has transferred to special servicer Berkadia Commercial Mortgage. The loan, securitized through Morgan Stanley Capital I, ...
Manhattan’s 150 East 42nd St. Hits Sales Market, Could Fetch $1.2Bln
A venture that includes The 601W Cos. and investor David Werner is offering for sale 150 East 42nd St. in Manhattan. The buzz is the 1.7 million-square-foot office building could sell for $1.2 billion, or $706/sf. The 42-story property is ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
