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
The buyer assumed a $12 million loan on the property that was securitized via CD 2006-CD2.
Net Lease is assuming debt lined up by Rubicon, which has a 10-year term and structured amortization that sweeps the properties' free cash flow. Two years ago, Rubicon lined up $22.5 million of financing for the properties.
no price disclosed; $20.5Mln was listing price
The sale includes 17.73 acres; anchored by Kroger and Stein Mart
© 2025 Commercial Real Estate Direct All rights reserved.
© 2024 Commercial Real Estate Direct All rights reserved..
