Unibail-Rodamco-Westfield has launched an effort to redevelop its 2.2 million-square-foot Westfield Garden State Plaza shopping mall in Paramus, N.J. It has bought in Mill Creek Residential of Boca Raton, Fla., as co-developer to develop a mix of 550 apartment units, ...
Crain's Chicago Business The owner of the 225-room Hotel Felix in Chicago has staved off foreclosure, agreeing to a loan modification of the 12-story property's $46.5 million of securitized loan. A venture led by Oxford Capital Group owns the hotel, ...
Crain's Chicago Business A foreclosure suit was filed late last month in Cook County, Ill., Circuit Court against the owner of the Hotel Felix in Chicago. A venture led by Oxford Capital Group owns the 225-room property in the city's ...
Commercial Real Estate Direct Staff Report The $45.6 million CMBS loan against the 225-room Hotel Felix Chicago has transferred to special servicer Midland Loan Services because it's expected to default. The transfer was highlighted earlier this week by Fitch Ratings ...
Crain's Chicago Business Oxford Capital Group is seeking to modify terms of a $47 million CMBS loan against Chicago's Hotel Felix. A venture led by Oxford had paid $24 million for the 225-room hotel in 2007. It later redeveloped it ...
Urban Edge Properties has struck a deal to pay $43.7 million for the Hudson Mall, a 383,000-square-foot shopping center next to its Hudson Commons retail property in Jersey City, N.J. The New York REIT, which was spun off from Vornado ...
Crain's Chicago Business Ventures led by Oxford Capital Group are offering for sale a pair of hotels in downtown Chicago, the Hotel Felix, at 111 West Huron St., and the Hotel Cass, at 640 North Wabash Ave. In 2006, an ...
Crain's Chicago Business Software developer Centro is negotiating to lease about 67,000 square feet at Sullivan Center in Chicago, a 943,544 square-foot office property that backs $113.5 million of CMBS debt. The debt consists of $75 million that's securitized ...
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