The property was acquired by buying and foreclosing on a defaulted $60.8 million loan against the 558,838-square-foot property. CD, 2006-CD2 sold the debt in May for $52.1 million to C-III, its special servicer, which exercised its purchase option to make ...
A venture that includes Unico Properties and C-III Asset Management has acquired the Rock Pointe Corporate Center office complex in Spokane, Wash., for $52.1 million, or about $93/sf, by buying and foreclosing on a defaulted $60.8 million loan against the ...
Griffin-American Healthcare REIT II has paid $32.5 million for a 96,000-square-foot medical-office building in Spokane, Wash. The Santa Ana, Calif., REIT, previously known as Grubb & Ellis Healthcare REIT II, bought the Medistar Spokane Medical Center from an undisclosed seller. ...
97 percent occupied.
By John Covaleski, Commercial Real Estate Direct Staff WriterCenturion Finance has lined up $70.9 million in acquisition financing for the Pacific Northwest National Laboratory campus in Richland, Wash. The Bellevue, Wash., firm received the fixed-rate financing from GE Real Estate. ...
Puget Sound Business Journal (Seattle) Bank of Whitman is financing the first new class-A office building to be built in downtown Spokane, Wash., in nearly 20 years. The bank is backing a $12 million, three-story office building with secured underground ...
May 19, 2004 Seattle Post-IntelligencerWestern United Assurance Co. has leased new office space in the Spokane Valleym, according to a report by the Associated Press. The life insurance company will move out of downtown Spokane's Metropolitan Financial Center in early ...
November 5, 2003 WestCoast Hospitality Corp. (NYSE:WEH) has sold the 245-room Red Lion River Inn in Spokane, Wash., in a sale and leaseback transaction to an unidentified buyer. The company will continue to operate the property, which it built in ...
The REIT has secured $95 million in financing for malls in Utah and Washington state and is also close to lining up a $700 million credit line. Goldman Sachs is expected to package the two new mortgages in an upcoming ...
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