Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
MIM Hayden Real Estate Funds of Conshohocken, Pa., has paid $11 million for Walnut Hill, a 155,000-square-foot office building at 150 Warner Road in King of Prussia, Pa., according to the Philadelphia Inquirer. Walnut Hill, along with Oak Hill, a ...
The Astor Crowne Plaza hotel in New Orleans' French Quarter, which backs $75.9 million of CMBS debt, is being offered for sale through Eastdil Secured. The thinking is the 693-room property could sell for as much as $130 million, or ...
Blackstone Group paid $69.75 million, plus a 5 percent buyers' premium, for two office properties in Glendale, Calif., that had served as collateral for $98 million of CMBS debt. The properties had been taken through foreclosure last February. Their sale ...
Commercial Real Estate Direct Staff Report A venture of Rockwood Capital and Vestar Development has paid $79.3 million, or $206.50/sf, for the District at Green Valley Ranch, a 384,107-square-foot retail center just outside of Las Vegas. The property's sale was ...
North Bay Business Journal An affiliate of Gerrity Group has paid $36 million for the 182,000-square-foot Marin Gateway Shopping Center in Sausalito, Calif. The Solana Beach, Calif., company assumed a $28.6 million mortgage securitized through GS Mortgage Securities Corp. II, ...
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 Washington Mutual Asset Securities ...
Business Real Estate Weekly of Arizona A $48.1 million loan backed by a piece of the Gilbert Gateway Towne Center in Higley, Ariz., is in default. The debt backs a 267,379-square-foot portion of the 850,000-sf retail property at 4900-5114 South ...
South Florida Business Journal A foreclosure suit has been filed against the owner of the Flamingo Market Place, a 145,946-square-foot retail complex in Pembroke Pines, Fla. Milbrook Properties of New York bought the property in 2007 for $23 million, and ...
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 Citigroup Commercial Mortgage ...
Mack-Cali Realty Corp. surrendered the keys to a 148,150-square-foot office property in Ridgefield Park, N.J., to LNR Partners, special servicer for the property's $19.5 million of debt, the Bergen Record has reported. The debt against 105 Challenger Road, which is ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..