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
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Prime Finance Lends $52Mln Against Industrial Buildings, Land in Van Nuys, Calif.
Prime Finance has provided $52 million of financing to facilitate Longpoint Realty Partners' purchase of four industrial buildings with 84,346 square feet and two parcels of development land within the Van Nuys Airport Industrial Center in suburban Los Angeles. The...
INITIAL PRICING: BANK, 2022-BNK40
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating S&P Pricing % Yield% Final Pricing (bp) Bnch mark A-1 11.75 30.00 2.90 AAA AAA AAA 100.000 2.358 +60 P spread A-2 6.86 30.00 5.01 AAA AAA...
Romer Debbas Adds Carmen Pagan as Partner, Head of Agency Lending Practice
Carmen I. Pagan has joined law firm Romer Debbas LLP as partner and head of its agency-lending practice. She joins from Blank Rome LLP, where she was of counsel and had represented construction lenders, Freddie Mac seller/servicers and other commercial...
5 Atlanta Office Buildings Sold for $79.4Mln
Atlanta Business Chronicle Northwood Investors has paid $74 million, or about $324.56/sf, for a portfolio of five office buildings totaling 228,000 square feet in Atlanta. The Charlotte, N.C., company bought the portfolio from Preferred Apartment Communities Inc., which is exiting...
Proffitt Dixon Plans Mixed-Use Project for Suburban Charlotte, N.C.
Charlotte Business Journal Proffitt Dixon Partners has plans to build the Caroline mixed-use development in Cornelius, N.C., about 20 miles north of Charlotte, N.C. The property is being planned for 16.3 acres on South Street in the city's downtown area....
325-Unit Apartment Complex Planned for Parsippany, N.J.
Real Estate NJ Accurate Builders and Developers has acquired a development site at 100 and 125 Cherry Hill Road in Parsippany, N.J. The seller and purchase price were not disclosed. Cushman & Wakefield brokered the deal. Accurate, of Lakewood, N.J.,...
Sunstone Strikes Deal to Turn Over Hilton Times Square to CMBS Lender
Commercial Real Estate Direct Staff Report Sunstone Hotel Investors Inc. has turned over the 460-room Hilton Times Square hotel in Manhattan to its CMBS lender in a deed-of-lieu foreclosure. The property, in the 20 top floors of the 44-story building...
Washington, D.C., Office Building Trades for $58.5Mln
Commercial Observer TriTower Financial Group has paid $58.5 million, or $372.50/sf, for 1717 Rhode Island Ave. NW, a 157,050-square-foot office building in Washington, D.C. The Boston investment manager bought the property from BentallGreenOak in a deal brokered by JLL. The...
Ed Hussey Named Head of Agency Lending at Sabal Capital
Edward Hussey has joined Sabal Capital Partners as head of agency lending. Hussey, a 30-plus year veteran of the mortgage and commercial real estate industries, joins the Irvine, Calif., lender from Truist, where he headed agency loan production. He previously...
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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.
