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: Tulsa
Williams Center Seen Getting New Tenant; Loan’s Default Risk Declines
Williams Center Towers in Tulsa, Okla., has landed a tenant for 140,000 square feet, filling up 70 percent of the space that's being vacated by Samson Resources Corp., an energy company that was able to reject its lease at the ...
Seeing Big Vacancy, Morningstar Slashes Expected Value of Office Backing 2014 CMBS Loan
Commercial Real Estate Direct Staff Report Expecting Samson Resources Corp. to vacate the nearly 200,000 square feet that it occupies at the Williams Center Towers in Tulsa, Okla., Morningstar Credit Ratings has slashed its estimate of value for the 765,809-square-foot ...
Venture Uses $12.3Mln from Sale of Mall to Retire $26Mln of Debt
Commercial Real Estate Direct Staff Report A venture led by Glimcher Realty Trust has sold the Tulsa Promenade Mall in Tulsa, Okla., for $12.3 million and used the proceeds to pay off $26 million of defaulted debt against the property. ...
Largest Suburban Office Buildings in Oklahoma Sold
Rosemont Realty of Sante Fe, N.M., has purchased the two largest suburban office buildings in Oklahoma for an undisclosed price. The buildings, which total about 960,000 square feet, are part of the 52-acre Warren Place complex. One Warren Place contains ...
Estancia/7705 South Mingo Road
94 percent occupied.
Steadfast Income Pays $27.9Mln for Okla. Apartments
Steadfast Income REIT Inc. has paid $27.9 million, or $94,900/unit, for Estancia, a 294-unit apartment property in Tulsa, Okla. The Irvine, Calif., REIT, whose shares do not trade on any exchange, bought the six-year-old property from Flournoy Cos. of Columbus, ...
Sonoma Grande
91 percent occupied. The purchase was funded the property's purchase with proceeds of its stock offering and a $22.54 million Freddie Mac loan provided by PNC Bank. The loan matures in June 2019 and has an interest rate of 3.31 ...
Steadfast Pays $32.2Mln for Tulsa, Okla., Apartments
Steadfast Income REIT Inc. has paid $32.2 million, or about $95,833/unit, for the 336-unit Sonoma Grande apartment complex in Tulsa, Okla. The purchase price results in a 7.1 percent capitalization rate. The property is 91 percent occupied. The Irvine, Calif., ...
Inland Diversified Buys Okla. Retail Center for $32.5Mln
Inland Diversified Real Estate Trust Inc. has paid $32.5 million for the University Town Center, a 158,516-square-foot retail center in Norman, Okla. The Oak Brook, Ill., REIT, whose shares do not trade on any exchange, bought the property from Collett ...
Medical Complex Debuts in Broken Arrow, Okla.
Jacksonville Business JournalThe Haskell Co. has completed the development of a $100 million medical complex in Broken Arrow, Okla., about 15 miles southeast of Tulsa, Okla. The Jacksonville, Fla., company developed a 189,000-sf hospital along with a 110,000-sf medical-office building. ...
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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.
