Credit Suisse Mortgage Securities Trust, 2007-C1, has moved a couple steps closer to being retired as two of its three remaining assets have been sold. The Pinnacle at Tutwiler Farms retail center near Birmingham, Ala., sold for $11.58 million, while ...
Dwight Capital has provided $20.18 million of financing under the U.S. Department of Housing and Urban Development's 223(a)(7) program against the 242-unit Twin Oaks at Southwood apartment property in Tallahassee, Fla. The loan allowed the 19-year-old property's owner, an affiliate ...
Commercial Real Estate Direct Staff Report The Koger Center, an 849,765-square-foot office complex in Tallahassee, Fla., has been re-appraised at a value of only $38.7 million. The 18-building property, on a 61-acre parcel at 1131 Executive Center Drive, is encumbered ...
Commercial Real Estate Direct Staff Report The CMBS loan against the 849,765-square-foot Koger Center office complex in Tallahassee, Fla., once again has transferred to special servicing. This time, it's because it has defaulted. The $106 million loan, securitized through Credit ...
Carter Multifamily has paid $41.8 million, or $95,000/unit, for the 440-unit Polos on the Park apartment property in Tallahassee, Fla. The Tampa, Fla., company acquired the 21-building complex from Orchard Asset Management of Houston. The garden-style property, at 2626 East ...
Commercial Real Estate Direct Staff Report The $115.5 million CMBS loan against the Koger Center office property in Tallahassee, Fla., has been modified, with its term extended by three years to 2020. The loan, securitized through Credit Suisse Mortgage Securities ...
Commercial Real Estate Direct Staff Report The $115.5 million CMBS loan against the Koger Center office property in Tallahassee, Fla., has been transferred to special servicing for a second time because it's expected to default. The interest-only loan, securitized through ...
Commercial Real Estate Direct Staff Report Northwood Centre in Tallahassee, Fla., has been appraised at a value of $8.5 million, which means the $46.2 million CMBS loan against it will almost certainly see a substantial loss. The loan is securitized ...
97 percent occupied.
