City: Kennesaw
Kohan Retail Pays $71Mln for Town Center at Cobb, Gets $42Mln Loan
Kohan Retail Investment Group has paid $71 million for the Town Center at Cobb shopping mall in the Atlanta suburb of Kennesaw, Ga. The company bought the retail property from the CMBS trusts that had held a total of $169.2 ...
Losses Ahead for 2012 CMBS Deal When Last 2 Assets Get Resolved
The two shopping malls that had backed the $141.17 million of mortgage financing securitized through WFRBS Commercial Mortgage Trust, 2012-C7, carry a combined appraised value of only $118.28 million. It's likely the transaction will get hit with additional losses.
REIT Pays $67Mln for Atlanta-Area Apartment Property
Atlanta Business Chronicle Preferred Apartment Communities Inc. has paid $67 million, or $268,000/unit, for the 250-unit Ellison apartment property in the Atlanta suburb of Kennesaw, Ga. The Atlanta REIT bought the property, at 1650 North Roberts Road, from Newport Development ...
Simon Loses Ga. Mall as CMBS Trusts Foreclose Against $177.5Mln Loan
Commercial Real Estate Direct Staff Report The CMBS trusts that hold $177.5 million of mortgage debt against the Town Center at Cobb shopping mall in Kennesaw, Ga., have taken the property through foreclosure. The move was expected as Kroll Bond ...
60-500 Chastain Center Blvd.
Chastain Center office property is 86 percent occupied.
Mountain Park West apartments/1925 Old 41 Highway
more than 95 percent occupied.
TownPark Commons
99 percent leased.
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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.
