General Growth Properties last month bought out its partner's interest in the Riverchase Galleria shopping center in suburban Birmingham, Ala., paying $33.8 million for its 50-percent stake. It also paid off the property's modified CMBS loan and will leave the ...
Commercial Real Estate Direct Staff Report The $174 million CMBS loan against the former LNR Warner Center I, II and III property in the Woodland Hills area of Los Angeles has transferred to special servicer CWCapital Asset Management as its ...
Citigroup has provided $540 million of mortgage financing against a portfolio of 48 self-storage properties with 30,800 units in six states. The senior portion of the financing likely will be securitized. It was used by the property's owner, Simply Self ...
The CMBS financing against Riverchase Galleria in suburban Birmingham, Ala., once again has been transferred to special servicing. But this time it's because the collateral property's owner, a venture led by General Growth Properties Inc., is planning to sell the ...
Commercial Real Estate Direct Staff Report Ivy Realty has paid $33 million, or just more than $202/sf, for the Twinbrook Office Center, a 163,194-square-foot office building in the Washington, D.C., suburb of Rockville, Md. The sale, brokered by Transwestern, resolves ...
Midwest Real Estate News One North LaSalle, a 500,000-square-foot office building in Chicago's Central Loop area, has been sold to a venture of Hilco Real Estate and MB Real Estate Services. The venture plans an extensive, multi-million-dollar redevelopment of the ...
The $156 million mortgage against a portfolio of three Chicago office buildings with 1.6 million square feet has been modified, slashing its interest rate to 3 percent from 5.86 percent for three years. It also won't amortize during that period. ...
Commercial Real Estate Direct Staff Report A large CMBS loan against the Riverchase Galleria shopping center in Birmingham, Ala., has been classified as being 30-days delinquent this month. The loan, with an original balance of $305 million, was securitized through ...
Commercial Real Estate Direct Staff Report The securitized loan against the Riverchase Galleria retail mall in Birmingham, Ala., has not been resolved. The $305 million loan, securitized through Banc of America Commercial Mortgage Inc., 2006-6, has been brought current in ...
A $305 million securitized mortgage against the Riverchase Galleria shopping mall in Birmingham, Ala., has been resolved, seven months after a foreclosure suit was filed against it. But it's not known whether the loan is being paid off or whether ...
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© 2023 Commercial Real Estate Direct All rights reserved..