City: San Francisco
GMAC Funds $56Mln Mortgage for San Francisco Hotel
July 24, 2002 GMAC Commercial Mortgage Corp. has provided $56 million of interim financing for the Courtyard by Marriott in San Francisco.The mortgage, whose terms could not be learned, was arranged by the hospitality production division of GMAC's Washington, D.C., ...
Dechert Formally Announces Hiring of Forte, Others
July 19, 2002NEW YORK – Dechert formally announced today that Joseph Philip Forte joined the firm's finance and real estate group as a partner. Also joining the group as partners are Ellen M. Goodwin and Joseph B. Heil, along with ...
Newmark Moves Into San Francisco, Hires 7 From CB
July 9, 2002 Newmark & Co. Real Estate Inc., a New York commercial broker that two years ago launched a nationwide expansion, has set up shop in San Francisco.The company lured seven CB Richard Ellis professionals to staff the office, ...
REIT Pays $49Mln for Bay-Area Biotech Property
Alexandria Real Estate Equities has purchased a biotechnology campus in San Francisco for $49 million. The REIT bought the Gateway complex, which is fully leased to a single tenant, from Hines.
Mariott Sells 2 Hotels for $143Mln
June 17, 2002 Marriott International Inc. (NYSE:MAR) has sold a hotel in Bridgewater, N.J., and another in San Francisco for $143 million to CNL Hospitality Corp.Marriott signed long-term agreements to manage both hotels for Orlando-based CNL.Marriott, which developed both the ...
Moody’s Places 4 Classes of DLJ 1999-SFT1 on Watch
June 5, 2002 NEW YORK – Moody's Investors Service has put four classes of DLJ Commercial Mortgage Corp., 1999-STF1, on review for possible downgrade because its largest loan has been placed in special servicing.The four classes are the:– $17.9 million ...
Sale of San Francisco Land Nears
May 30, 2002 Montgomery Realty Group Inc., a San Francisco investment firm, has agreed to sell 7.4 acres of land in south San Francisco for $12 million.The company did not disclose who has agreed to buy the property, which is ...
Moody’s Says Possible Downgrade for 1 Class of Morgan 2000-XLF
May 16, 2002 NEW YORK – Moody's Investors Service said it was reviewing for possible downgrade the $11.6 million class F1 of Morgan Stanley Dean Witter Capital I Inc., 2000-XLF.The class is supported by a $160 million mortgage on a ...
Final Boutique Hotel Sold in Six-Property Portfolio
April 17, 2002 UBS Warburg has sold the last hotel in a six-property portfolio it put on the market through Jones Lang LaSalle Hotels.Not On Cannery Row LLC, a consortium of San Francisco based investors, paid about $15.8 million, or ...
901 and 951 Gateway
Two-building biotechnology campus is fully leased to Theravance
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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.
