CMBS Trusts to Take Chicago Office Property in Foreclosure
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Hilton Minneapolis Gets Taken Through Foreclosure
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Commercial Real Estate Direct Staff Report Goldman Sachs and Deutsche Bank had provided the $700 million of mortgage financing against the Scottsdale Fashion Square shopping center in Scottsdale, Ariz. Macerich Co. owns the property through a venture with Institutional Mall ...
Commercial Real Estate Direct Staff Report Santander Bank has provided a $26 million Fannie Mae loan to facilitate the purchase, by 29th Street Capital, of the 193-unit Dwell apartment property in Scottsdale, Ariz. The Chicago investment manager purchased the property ...
REBusinessOnline Real estate investor 29th Street Capital has paid $41.6 million, or about 215,544/unit, for the 193-unit Dwell Apartment Homes in Scottsdale, Ariz. The Chicago company bought the property, at 193 North 70th St., from Avanti Residential of Denver, which ...
Cardone Capital has paid $56.5 million, or $117.53/sf, for Promenade Corporate Center, a 480,716-square-foot office property in Scottsdale, Ariz. The Aventura, Fla., investment manager purchased the property from a venture of Goldman Sachs and Lincoln Property Co. The deal was ...
Commercial Real Estate Direct Staff Report Macerich Co. has negotiated another three-year term extension of the $300 million mortgage against the Santa Monica Place shopping mall in Santa Monica, Calif. The loan, securitized through Wells Fargo Commercial Mortgage, 2017-SMP, had transferred ...
HotelManagement.net Nationwide Realty Investors has opened the Hilton at Cavasson, a 237-room hotel in Scottsdale, Ariz. The Columbus, Ohio, developer started work on the project in 2019. The six-story property, at 7965 East Cavasson Blvd., is 25 miles north of ...
Hudson Advisors LP has paid $103 million, or $365,248/unit, for Lucent Scottsdale, a 282-unit apartment property in Scottsdale, Ariz. The Dallas investment manager purchased the property from its developer, Crow Holdings. The property, at 2001 North Scottsdale Road, opened earlier ...
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