389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Bank of America has provided a $180 million loan against the 434,238-square-foot office property at 261 Fifth Ave. in Manhattan's Midtown South area. The financing was used to fund the repayment of a $141 million CMBS loan that matured earlier ...
Commercial Real Estate Direct Staff Report CWCapital Asset Management has filed to foreclose on a loan against the Richmond Square Mall in Richmond, Ind. At the same time, it's in talks with the tenant-in-common group owns the property over a ...
Commercial Real Estate Direct Staff Report Prudential Insurance Co. of America has provided $115 million of financing against City Center, a 350,787-square-foot office building in Washington, D.C. The loan replaces a mortgage with a $108 million balance that was securitized ...
Cornerstone Real Estate Advisers has provided $150 million of mortgage financing against 1370 Avenue of the Americas, a 343,261-square-foot office building in midtown Manhattan. The 10-year-loan replaces a like amount of CMBS debt that was securitized through MSC 2005-HQ5 and ...
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 Banc of America Commercial ...
Crain's New York Business Google Inc. has lined up a $500 million loan from Bank of America for its roughly $1.9 billion acquisition of 111 Eighth Ave. in Manhattan. The Internet giant is also expected to assume existing debt against ...
Google Inc. is close to negotiating a deal to pay $2 billion for a 2.9 million-square-foot office building at 111 Eighth Ave. in Manhattan, the New York Post reported.The eye-popping price is in line with what the building was expected ...
By John Covaleski, Commercial Real Estate Direct Staff Writer The owners of 111 Eighth Ave. in Manhattan are seeking to sell a stake of 80 percent to 90 percent in the 2.9 million-square-foot office building. A deal could value the ...
HTML clipboardFollowing is a list of recent downgrades by Standard &Poor's: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln S&P New Rating S&P Old Rating Notes Banc of America ...
Standard & Poor's has downgraded six classes of Morgan Stanley Capital I Trust, 2005-HQ5, because the collateral pool has deteriorated in credit quality, as evidenced by eight loans totaling $38.9 million that have debt-service coverage levels below the break-even point. ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..