City: Albany

Commercial Real Estate Direct Staff Report With a final maturity nearing, the owner of the Colonie Center shopping mall in Albany, N.Y., is looking to get the term of its $103.29 million loan extended, prompting its transfer to special servicing. ...

Commercial Real Estate Direct Staff Report Pyramid Management Group has negotiated a five-year extension of the loan against its Crossgates Mall in Albany, N.Y. The loan, with a balance of $241.96 million, earlier this year was acquired by a venture ...

Commercial Real Estate Direct Staff Report A venture of Morgan Stanley and Cannae Advisors had acquired the $241.96 million loan against the Crossgates Mall in Albany, N.Y. As reported, the loan was sold for $170.7 million, or 70.55 percent of par ...

The $241.96 million loan against the Crossgates Mall in Albany, N.Y., has been sold for $170.7 million, or 70.55 percent of par value, resulting in a loss of $97.7 million to the four CMBS deals that held pieces of the ...

Axiom Capital Corp. had arranged $38.5 million of permanent financing that helped facilitate the $55 million purchase of the Clifton Park Center, a 630,000-square-foot retail property in the Albany, N.Y., suburb of Clifton Park, N.Y. As reported, the property was acquired ...

The Real Deal The $243.7 million CMBS loan against the Crossgates Mall in Albany, N.Y., comes due next month. The loan is in the collateral pool for three deals: COMM, 2012-CCRE1, which holds a $97.48 million piece; COMM, 2012-CCRE2, with ...

An Albany, N.Y., investment group has paid $55 million, or $87/sf, for Clifton Park Center, a 630,000-square-foot retail property in the Albany suburb of Clifton Park, N.Y. The group, CPC Development I LLC, which is led by Faraz Khan, a ...

Commercial Real Estate Direct Staff Report The $245.12 million CMBS loan against the Crossgates Mall in Albany, N.Y., once again has been sent to special servicer Midland Loan Services. The loan is scattered among three transactions: a $98.18 million piece ...