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: Tucson
Arizona Pension’s Loan Offering Moves Forward
The Arizona State Retirement System is expected to complete the sale of a $186 million portfolio of seasoned commercial mortgages by the end of the year. It is working through Secured Capital, which starts marketing the portfolio this week.
Forest City Sees $51Mln Gain From Sale of Mall
September 4, 2001 Forest City Enterprises Inc. (NYSE:FCEA) said its sale of the Tucson Mall last month resulted in an after-tax gain of $51 million. The sale of the Tucson, Ariz., property to General Growth Properties provided cash proceeds of ...
General Growth Buys Tucson, Ariz., Mall for $180Mln
August 16, 2001 TUCSON – General Growth Properties Inc. (NYSE:GGP) has purchased the Tucson Mall from Forest City Enterprises Inc. (NYSE:FCEA) for about $180 million.General Growth financed the purchase of the mall with a short-term acquisition loan and borrowings under ...
Tucson Mall
Built in 1982 and expanded in 1991, mall is 92% occupied with in-line store sales of $411/sf; Macy's, Robinson-May, Dillard's, Mervyn's, JCPenney and Sears are anchors
GMAC Provides $15.8Mln for Fla., Ariz. Hotels
May 7, 2001 TUCSON, Ariz. – GMAC Commercial Mortgage Corp. has provided $15.8 million in financing for two hotels.Canada Avenue Hotel Associates Ltd. received $8.6 million in interim financing for the 200-key Fairfield Inn and Suites, in Orlando, Fla. Tucson ...
Norwest Tower
Sale also includes a 12,000-sf office building; a 30,000-sf retail/office building; vacant land that the partnership may develop; and a surface parking lot and a parking garage.
DaimlerChrysler Capital Provides $74 Mln-plus for Properties.
December 19, 2000 DaimlerChrysler Capital Services has financed sites in California, Arizona, Texas and Nevada through $74 million in loans.DaimlerChrysler provided a $32.1 million loan to two industrial sites located in the heart of San Jose's high-tech "Golden Triangle" that ...
Southern California Manager Makes Push Into Arizona
November 27, 2000 Special to Commercial Real Estate DirectDonahue Schriber, one of the more active property management firms in Southern California, is establishing a beachhead in Arizona.The Newport Beach, Calif., company is ranked as the 12th largest property management firm ...
Wellsford Nets $3.5 Mln from $22.6 Mln Sale of Apartments
November 20, 2000Wellsford Real Properties Inc. (AMEX:WRP) has completed the $22.6 million sale of Sonterra at Williams Centre apartment complex in Tucson, Ariz.The sale of the 344-unit development gives Wellsford a pre-tax gain of about $3.5 million.The buyer, a Washington ...
About
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.
