South Florida Business Journal A company managed by Carols and Thomas Morrison has paid $13.81 million, or about $91.95/sf, for a pair of office buildings with a total of 150,198 square feet in West Palm Beach, Fla. The buildings, at ...
AZ Central Dimension Financial & Realty Investments Inc. has acquired the 380,000-square-foot Fiesta Mall in Mesa, Ariz., for $6.72 million, or $18/sf. The retail property at 1445 West Southern Ave. backs an $83 million loan that's securitized through Banc of America ...
The Fiesta Mall in Mesa, Ariz., is finally being put up for sale. The property backs an $83 million CMBS loan that has been in the hands of special servicer LNR Partners Inc. for the past four years. It recently ...
Commercial Real Estate Direct Staff Report Texas developer G.L. "Buck" Harris bought the Marley Station mall in the Baltimore suburb of Glen Burnie, Md. Harris, from Fort Worth, bought the retail property, at 7900 Governor Ritchie Highway, for $21.5 million ...
LNR Partners has placed the Marley Station enclosed shopping mall in Glen Burnie, Md., on the auction block. The Miami special servicer is offering the suburban Baltimore property through JLL, which will market the property to prospective investors, who then ...
Commercial Real Estate Direct Staff Report Blackstone Mortgage Trust Inc. has provided $320 million of financing against the 811,791 square feet of office space at the Woolworth Building in lower Manhattan. The floating-rate mortgage matures in two years, but can ...
Commercial Real Estate Direct Staff Report Marley Station, a 1 million-square-foot shopping mall in Glen Burnie, Md., of which 400,000 sf secures a $114.4 million CMBS loan, has been appraised at a value of only $39.8 million. The latest appraisal ...
Commercial Real Estate Direct Staff Report The Fiesta Mall, a 1 million-square-foot retail property in Mesa, Ariz., that Macerich Co. had turned over to its lender, Banc of America Commercial Mortgage Inc., 2005-3, two years ago has been appraised at ...
A total of 22,514 CMBS conduit loans with a balance of $278.1 billion come due in the next three years. While a seemingly massive wall of maturities, the volume has shrunk by nearly 10 percent over the past nine months. ...
A tenant-in-common group, facing the pending maturity of a $42.2 million mortgage against NetPark, a 929,023-square-foot office property in Tampa, Fla., managed to line up a $47.4 million loan from UBS, which securitized it in a recent transaction. The mortgage ...
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© 2023 Commercial Real Estate Direct All rights reserved..