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: Augusta
Grand Oaks at Crane Creek apartments/680 Crane Creek Drive
The property is encumbered by $38 million of Freddie Mac mortgage financing that was securitized through FREMF, 2017-KF39. The floating-rate loan carries a rate pegged to Libor plus 200 basis points and doesn't mature until November 2024. If it's repaid ...
Passco Pays $58Mln for Augusta, Ga., Apartments
Passco Cos. has paid $58 million, or $193,333/unit, for the 300-unit Grand Oaks at Crane Creek apartment property in Augusta, Ga. The Irvine, Calif., investment manager, among the most active players in the structured tax-deferred exchange market, bought the three-year-old ...
180-Room Hotel Breaks Ground in North Augusta, S.C.
Atlanta Business Chronicle Ground has broken on a 180-room Crowne Plaza hotel in North Augusta, S.C. A venture of Ackerman & Co. and Greenstone Properties is the project's developer. The hotel will part of the $200 million Riverside Village mixed-use ...
National Hills Shopping Center/2701 Washington Road
94 percent occupied.
Richmond Plaza/3435 Wrightsboro Road
87.3 percent leased.
CMBS Deal Sees Big Loss from Sale of Texas Mall
Commercial Real Estate Direct Staff Report The CMBS transaction that had held a $61 million mortgage against the Highland Mall in Austin, Texas, was hit with a $73 million loss as a result of the property's recent sale. The loss ...
Triple Net Purchases Augusta, Ga., Apartment Complex
Triple Net Properties has purchased Century Hills, a 200-unit apartment complex in Augusta, Ga. The Santa Ana, Calif., real estate firm purchased the complex on behalf of tenant-in-common investors from Centennial Investment Properties. Centennial, an Atlanta multifamily firm, marketed the ...
Augusta, Ga., Hotel Refinanced with $16Mln Mortgage
The owners of the Partridge Inn, a 145-room hotel in Augusta, Ga., have refinanced the property with a $16 million mortgage.A venture between an affiliate of New South Partners and Global Asset Alternatives, both of Atlanta, received the financing from ...
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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.
