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: Niagra Falls
Macerich Negotiates Another 3-Year Term Extension of CMBS Loan on Niagara Falls Retail Center
Commercial Real Estate Direct Staff Report Macerich Co. has negotiated a three-year term extension of the $84.37 million mortgage against the Fashion Outlets of Niagara Falls, taking the loan's maturity to October 2026. It would be the second such term ...
Appraised Value of Fashion Outlets of Niagara Falls Slashed By 45 Percent
Commercial Real Estate Direct Staff Report Fashion Outlets of Niagara Falls, a 525,663-square-foot shopping center at 1900 Military Road in Niagara, N.Y., has had its appraised value slashed by 45 percent to $98.22 million. That compares with the $85.57 million ...
CMBS Loan Against Fashion Outlets of Niagara Moves to Special Servicer
Commercial Real Estate Direct Staff Report The $85.88 million CMBS loan against the Fashion Outlets of Niagara Falls has formally transferred to special servicer Midland Loan Services as it's expected to default at its maturity next month. The loan, securitized ...
Macerich Seen Offering Niagara Falls Outlet Center for Sale
Commercial Real Estate Direct Staff Report Macerich Co. evidently is trying to market for sale the Fashion Outlets of Niagara Falls, a 689,000-square-foot shopping center in Niagara Falls, N.Y. The property, at 1900 Military Road, five miles from the famous ...
Macerich Gets 3-Year Extension of $103.6Mln CMBS Loan on Niagara Falls Retail Center
Commercial Real Estate Direct Staff Report Macerich Co. has negotiated a three-year maturity extension for the $103.6 million CMBS loan against the Fashion Outlets of Niagara Falls USA in Niagara Falls, N.Y. The loan, securitized through COMM, 2010-C1, had been ...
Fashion Outlets of Niagra Falls/1900 Military Road
93 percent occupied. Macerich assumed $121 million of existing debt, which is securitized through COMM, 2010-C1. The debt has a gross coupon of 5.9 percent and matures Oct. 1, 2020.
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