City: Poughkeepsie
Berkshire Bank Lends $36Mln Against Poughkeepsie, N.Y., Retail Center
Berkshire Bank has lent $36.1 million against the Shoppes at South Hills, a 517,450-square-foot grocery-anchored shopping center in Poughkeepsie, N.Y. The five-year loan, which pays a fixed coupon, was arranged by JLL Capital Markets. Shoppes at South Hills, at 838 ...
Talks Resume to Possibly Modify CMBS Loan on Poughkeepsie Galleria
Commercial Real Estate Direct Staff Report The plan to pursue a foreclosure against what now is a $134.41 million CMBS loan against the Poughkeepsie Galleria shopping mall in New York's Hudson Valley region evidently has been put on hold. Instead, ...
156-Unit Multifamily Property in Poughkeepsie, N.Y., Trades for $31Mln
REBusiness Online Lexington Property Group has acquired Grand Pointe Park, a 156-unit apartment property in Poughkeepsie, N.Y., for $31 million, or $198,717/unit. Avanath Capital Management of Irvine, Calif., sold the property, at 161 Clubhouse Drive, which it had acquired in 2017 ...
Servicer of Loan Against Poughkeepsie Galleria Eyes Foreclosure
Commercial Real Estate Direct Staff Report Rialto Capital Advisors is considering pursuing foreclosure of the $136 million mortgage against Poughkeepsie Galleria, a 1.2 million-square-foot enclosed shopping mall in the city of Poughkeepsie in New York's Hudson Valley. The loan is ...
Poughkeepsie Galleria Sees 71 Percent Drop in Appraised Value
Commercial Real Estate Direct Staff Report Poughkeepsie Galleria, a 1.2 million-square-foot enclosed shopping mall in New York's Hudson Valley, about 75 miles north of New York City, has been appraised at a value of only $68.6 million. That compares with ...
Grand Pointe Park/161 Clubhouse Drive
98 percent occupied. The buyer funded its purchase with a $13 million Fannie Mae loan.
Shoppes at South Hills/1895 South Road
86 percent leased.
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