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
City: Syracuse
INITIAL PRICING: JPMorgan Chase Commercial Mortgage Securities Trust, 2014-DSTY
Class Amt $mln LTV% Avg Life (yrs) Rating S&P Rating Kroll Pricing % Final Pricing (bp) Bnch mark A 215.00 30.3 4.85 AAA AAA 103.000 +100 swaps B 47.80 37.0 4.85 AA- AA- 103.000 +134 swaps C 35.80 42.1 4.85 ...
Matured CMBS Loan Against Syracuse, N.Y., Mall Gets 2-Year Extension
The $35.2 million CMBS loan against the Great Northern Mall near Syracuse, N.Y., has been extended for two additional years, according to TreppWire. The loan is the largest in the collateral pool of Bears Stearns Commercial Mortgage Securities Trust, 2004-PWR3, ...
Shoppingtown Mall/3649 Erie Blvd. East.
Inline space is about 67 percent occupied. The Las Vegas investment manager, which buys under-performing properties and nonperforming debt, acquired the property from the trust that held the loan, LB-UBS Commercial Mortgage Trust, 2001-C3. The trust could realize a loss ...
Investment Manager Buys Troubled Syracuse, N.Y., Mall from CMBS Trust
Commercial Real Estate Direct Staff Report Moonbeam Capital Investments paid $13.65 million for the Shoppingtown Mall in Syracuse, N.Y., that had backed $37.2 million of CMBS debt. The Las Vegas investment manager, which buys under-performing properties and nonperforming debt, acquired ...
JPMorgan Lent $310Mln Against Carousel Center in Syracuse, N.Y.
Commercial Real Estate Direct Staff Report JPMorgan had provided $310 million of financing against 1.2 million square feet of the Carousel Center in Syracuse, N.Y. The investment bank is set to include a $155 million senior loan against the property ...
JPMorgan-Led Group Lends $420Mln Against Syracuse, N.Y., Mall
Wall Street Journal A group led by JPMorgan Chase & Co. has provided $420 million of debt against the 1.5 million-square-foot Carousel Center shopping mall in Syracuse, N.Y. The mall's owner, Pyramid Cos., used the loan to pay off $310 ...
Macerich Gives Syracuse, N.Y., Mall to CMBS Lender in Deed-in-Lieu of Foreclosure
Commercial Real Estate Direct Staff Report Macerich Co. has turned over, in a deed-in-lieu of foreclosure, the Shoppingtown Mall, a 773,634-square-foot shopping center near Syracuse, N.Y., to the CMBS trust that holds a $38.5 million mortgage against it. The Santa ...
Inland REIT Buys Office in East Syracuse, N.Y.
Inland Diversified Real Estate Trust Inc. has paid Pioneer Cable Partners $18.1 million for a 102,924-square-foot office building in East Syracuse, N.Y., that is the regional headquarters for Time-Warner Cable Inc.The Oak Brook, Ill., REIT, whose shares are publicly registered, ...
Venture Buys Syracuse, N.Y., Hotel; Renovation Planned
A venture of Richfield Hospitality, a hotel-operator affiliate of City Developments Ltd. of Singapore, and Shelbourne Falcon Investors has paid $10 million for a 279-room hotel in Syracuse, N.Y.The deal for the Syracuse Renaissance Hotel included buying the hotel's loan ...
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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.
