The distressed $89.8 million CMBS loan against the Mall at Stonecrest in suburban Atlanta might be nearing its resolution. Hallmark Venture Group says it acquired the collateral property. But whether a deal has been completed remains to be seen. The ...
A purchase price was not disclosed but properties in Atlanta are trading for about $76,160/unit, which would peg the sale at roughly $21 million. Triple Net funded the acquisition with mortgage debt provided by Wachovia Bank.
8150 Mall Pkwy; 2002; 98% leased by 22 tenants (Babies 'R Us, Linens N Things, Ross Dress and Marshall's
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