CenterPoint Sells 3 Ill. Industrial Buildings for $125Mln
April 19, 2024
2 Hotels in White River Junction, Vt., Sold for $19Mln
April 19, 2024
CBRE arranged a $44.4 million Freddie Mac mortgage to help fund the venture's acquisition. The 10-year loan, which will be securitized, pays a coupon pegged to Libor plus 159 basis points. It requires only interest payments for the first five ...
The property's name recently was changed to Century at the Ballpark, due to its proximity to Coolray Field, home of the Gwinnett Stripers minor-league baseball team.
The 12-building property serves as collateral for a $25.5 million loan that's securitized through FREMF, 2012-K707. The loan pays a 4.2 percent coupon and matures in January, but became open to prepayment this month.
The deal includes the assumption of $54.4 million of mortgage debt.
97.5 percent occupied. The purchase was funded in part with a $24.8 million Freddie Mac loan that was arranged by Walker & Dunlop. The seven-year loan requires only interest payments for the first three years, after which it begins to ...
95.7 percent occupied. The buyer funded its purchase in part with a $23 million Fannie Mae mortgage written by Berkeley Point Capital. The loan has a 10-year term and requires only interest payments for the first five years. It pays ...
The buyer used a $23.1 million loan from Metropolitan Life Insurance Co. that matures in 2019 to help fund the purchase.
The property was encumbered by a $13 million mortgage that was securitized through Greenwich Capital Commercial Funding Corp., 2007-GG9. While performing as expected, the loan had been on a servicer watchlist because of its January maturity. It became open to ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..