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: Tallahassee
Fla. Mall Backing CMBS Debt Placed in Receivership
Commercial Real Estate Direct Staff ReportThe Tallahassee Mall, with 974,000 sf in Tallahassee, Fla., is being placed in receivership.The shopping center serves as collateral for a $44 million mortgage that was securitized through Credit Suisse First Boston Mortgage Securities Corp., ...
Chicago Bank Assumes Control of Fla. Condo Project
Wall Street JournalCorus Bankshares Inc. has assumed control of the 765-unit Laketown Wharf condominium development in Panama City Beach, Fla. The Chicago bank had provided $146 million for the project, which was being built by Florida developer Jerry Wallace. Wallace ...
Tallahassee, Fla., Apartments Listed for Sale at $26Mln
A 242-unit multifamily complex in Tallahassee, Fla., is on the sales market with a $26 million asking price.A private equity investment firm in New York has tapped Marcus & Millichap to market the property, Twin Oaks at Southwood at 2500 ...
Denholtz Puts Tallahassee, Fla., Office Complex on Sales Block
Commercial Real Estate Direct Report Denholtz Associates is marketing for sale a 266,325-square-foot office park in Tallahassee, Fla. Marcus & Millichap is listing the property, Woodcrest Office Park, at an asking price of $30.5 million, or about $114/sf. The property ...
Countrywide Lends $46.18Mln for Tallahassee, Fla., Office
Commercial Real Estate Direct Staff Report Countrywide Commercial Real Estate Finance has provided $46.18 million of acquisition financing for the Northwood Centre office building in Tallahassee, Fla. The Calabasas, Calif., lender provided the 10-year mortgage to Ajax Investment Partners and ...
UrbanAmerica Sells Fla. Office for $50Mln
UrbanAmerica LP has sold Northwood Center, a 495,000-square-foot office building in Tallahassee, Fla., for $50 million. The two-story building was sold to Ajax Investment Partners of New York. UrbanAmerica had purchased the property seven years ago for $31 million from ...
Northwood Center
98 percent occupied.
Tallahassee, Fla., Apartments Sell for $36.5Mln
Barrington Park, a 300-unit apartment complex in Tallahassee, Fla., has been sold for $36.5 million.The year-old property was purchased by Rudnick Development of Tallahassee, Fla., from a partnership led by Epoch Properties of Winter Park, Fla., which was advised on ...
Evergreen Development Acquires Florida Student Housing Property
Evergreen Development LLC paid $32 million for The University Heights at Tallahassee Apartments, a 324-unit garden apartment community that serves as student housing for Florida State University.Fairfield Residential LLC, a Grand Prairie, Texas, residential firm, sold the property, which also ...
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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.
