SL Green to Sell Manhattan’s 719 Seventh Ave. for $30.5Mln
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389-Unit Apartment Property Opens in Morgan Hill, Calif.
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Commercial Real Estate Direct Staff Report The Lakeside Mall in the Detroit suburb of Sterling Heights, Mich., recently was appraised at a value of $22 million. That is down from a $47.9 million appraisal last December and $82.4 million last ...
Commercial Real Estate Direct Staff Report LNR Partners is offering for sale the Yuba Sutter Mall in the Sacramento, Calif., suburb of Yuba City, Calif. The enclosed shopping center has a total of 407,064 square feet, but 104,260 sf is ...
Commercial Real Estate Direct Staff Report The $144.4 million CMBS loan against the Lakeside Mall in the Detroit suburb of Sterling Heights, Mich., has transferred to special servicing as it comes up on its maturity. The loan is split in ...
New York Observer Cantor Commercial Real Estate Lending has provided a $39 million loan against the 39-room Hotel Giraffe at 365 Park Ave. South in Manhattan. The 10-year loan, which was arranged by HKS Capital, pays a 4.3 percent coupon ...
Commercial Real Estate Direct Staff Report R.W. Selby & Co. has paid $73.1 million, or roughly $154,767/unit, for Pacific Savannah, a 472-unit apartment property in Las Vegas. The Los Angeles company acquired the property, at 875 East Silverado Ranch Blvd., ...
New York Community Bank has provided a $94.5 million loan against the Rachel Bridge Apartments, a 960-unit complex with four buildings in the Washington Heights section of Manhattan. The loan replaces $38 million of maturing debt that was securitized through ...
Blackstone Mortgage Trust Inc. has provided a $190 million loan against 401 North Michigan Ave., a 758,131-square-foot office building in downtown Chicago. The five-year loan has a floating rate and was arranged by HFF. Proceeds of the loan are being ...
Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes CD, 2007-CD4 5,340.0 6,640.0 ...
NorthStar Realty Finance in late March won an appeal of a two-year-old ruling that a $42 million mortgage against a portfolio of office buildings it owned became recourse when it had defaulted as a result of their tenants' demise. The ...
Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes LB-UBS Commercial Mortgage ...
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