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
Commercial Real Estate Direct Staff Report PCCP LLC provided $41 million of financing to facilitate the recapitalization of Parkway Corporate Plaza, an office complex in the suburbs of Sacramento, Calif. As reported, Broe Real Estate Group led the recap by ...
Commercial Real Estate Direct Staff Report Broe Real Estate Group, which this year launched an effort to recapitalize troubled properties owned by tenant-in-common investor groups, has bought into the Parkway Corporate Plaza, a 286,775-square-foot office property in suburban Sacramento, Calif. ...
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 Nomura Asset Securities ...
Richmond BizSense The Richmond Marriott West hotel in Glen Allen, Va., near Richmond, Va., is headed for foreclosure. Columbia Sussex Corp. owns the 242-room property, at 4240 Dominion Blvd. The Crestview Hills, Ky., company purchased the property, within the Innsbrook ...
Following 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 CD, 2006-CD3 2,720.4 ...
Global Growth Trust Inc. has exercised its right to cancel its agreement to buy Sherwood Plaza, a 92,922-square-foot office building in Fairfax, Va. The property, at 9990 Fairfax Blvd., backed a $15.7 million loan that was securitized through Wachovia Bank ...
Global Growth Trust has agreed to pay about $10 million, or about $108/sf, for Sherwood Plaza, a 92,922-square-foot office building in Fairfax, Va. The property, at 9990 Fairfax Blvd., backed a $15.7 million loan securitized through Wachovia Bank Commercial Mortgage ...
Commercial Real Estate Direct Staff Report The 1.5 million-square-foot office building at 666 Fifth Ave. in midtown Manhattan, whose $1.215 billion mortgage was recently modified, should be worth $1.05 billion in 2017, according to analysis by Wells Fargo Securities. That ...
Vornado Realty Trust has orchestrated the recapitalization of 666 Fifth Ave., a 1.5 million-square-foot office and retail building in midtown Manhattan. The REIT bought a 49.5 percent stake in the building and injected $80 million of fresh equity. The building's ...
Commercial Real Estate Direct Staff Report The auction.com offering of distressed commercial mortgages and foreclosed real estate scheduled for this week through Oct. 6 includes $1.5 billion of assets tied to CMBS deals, according to analysis by Barclays Capital. The ...
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© 2023 Commercial Real Estate Direct All rights reserved..