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
City: Asheville
CMBS Loan on Asheville Mall Gets Resolved; Kohan Retail Buys Property
Asheville Mall in the western part of North Carolina was acquired by an affiliate of Kohan Retail Group for $51.76 million. The sale resolved what had been a $58.37 million loan securitized through JPMorgan Chase Commercial Mortgage Securities Trust, 2011-C5. ...
North Carolina Malls Sees 66 Percent Drop in Appraised Value
The Asheville Mall in North Carolina has been re-appraised at a value of $42 million - a third of the $123 million appraised value given it in 2011 when a $78 million loan was written against it. The property's owner, ...
Hawthorne at the Peak apartment property
It lined up a $32.2 million Freddie Mac loan through KeyBank to fund its purchase. The loan has a 10-year term. The property previously was encumbered by $21.5 million of Freddie debt. A $13.8 million loan was in FREMF, 2013-K29, ...
Asheville, N.C., Apartments Sold for $46.6Mln
Commercial Real Estate Direct Staff Report Priderock Capital Partners has paid $46.8 million, or $216,667/unit, for the 216-unit Hawthorne at the Peak apartment property in Asheville, N.C. The West Palm Beach, Fla., multifamily specialist bought the property from Hawthorne Residential ...
District apartment property/100 District Drive
Walker & Dunlop originated a $46.8 million Fannie Mae loan to help fund GEM Realty's acquisition.
GEM Realty Buys Asheville, N.C., Apartments for $71.5Mln
Commercial Real Estate Direct Staff Report GEM Realty Capital has paid $71.5 million, or $231,392/unit, for the 309-unit District apartment property in Asheville, N.C. The Chicago investment manager acquired the property from Flournoy Cos. of Columbus, Ga., which had developed ...
Asheville Exchange apartment complex/105 Exchange Circle
The deal was funded with a $36.7 million Fannie Mae loan from KeyBank Real Estate Capital.
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.
