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: Phoenix
Moody’s Reviews 3 Classes of COMM 2000-FL2 for Downgrade
May 3, 2002NEW YORK – Moody's Investors Service is reviewing three classes of COMM, 2000-FL2, for possible downgrade.The three classes totaling $3.9 million of balance are supported solely by the Whitehall portfolio loan, which is secured by four apartment properties ...
Viad Corporate Center
The 24-story building is 93.4 percent occupied.
Park on Camelback
The five-building complex was constructed in 1981 and is 85.1 percent occupied.
Westcore Takes Full Ownership of Phoenix Mall
CalPERS has sold its stake in the Paradise Valley Mall in Phoenix for nearly $78 million. Westcore, a Phoenix-based investor and manager, now owns the property in its entirety.
GMAC Hires James L. Cooper in Phoenix
March 5, 2002 PHOENIX – James L. Cooper has joined GMAC Commercial Mortgage Corp. as vice president of the firm's local office.Cooper will be responsible for retail loan production with a focus on loan origination for correspondent life insurance companies ...
Anasazi Plaza I and II
at 11201 and 11209 N. Tatum Blvd. and 96,188 sf and 109,961 sf each; built in 1986 and 1999, are 94% occ.
United Dominion Pays $46Mln for CSFB Interest in Apartments
January 4, 2002 RICHMOND, Va. – United Dominion Realty Trust Inc. (NYSE:UDR) has acquired, for $46 million, the 75 percent interest that Credit Suisse First Boston held in three recently completed apartment complexes, with 794 units.United Dominion and CSFB had ...
4th bldg at Camelback Esplanade
New tower at 24th Street and Camelback Road anchored by law firm Gallagher & Kennedy. GE has agreed to buy the fifth tower when it is 85 percent leased.
CIBC Provides $21.4Mln of Permanent Financing for Phoenix Retail Center
December 5, 2001 PHOENIX – CIBC World Markets has provided $21.4 million of permanent, fixed-rate financing for the purchase of the Desert Palms Center.The 10-year mortgage, which will amortize over 30 years, carries an interest rate of 7.55 percent.A partnership ...
FBOP Wins $185Mln Portfolio of Loans From Arizona Pension
The Oak Park, Ill., bank company beat out about 15 investors vying for a portfolio of performing commercial mortgages offered by the Arizona State Retirement System. The portfolio was marketed by Secured Capital Corp.
About
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.
