David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
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 ...
Commercial Real Estate Direct Staff Report A shopping mall in the Tampa, Fla., area that had secured $44.6 million of CMBS debt has been sold for $7 million to Tabani Group. The debt against the Eagle Ridge Mall in Lake ...
Commercial Real Estate Direct Staff Report Tabani Group is in the market to sell a 469,347-square-foot shopping mall in Danville, Ill., and is believed to be looking for it to fetch more than $15 million. That would be more than ...
Phoenix Business Journal The CBIZ Plaza office complex in Phoenix, formerly known as National Bank Tower Plaza, is scheduled to be sold at an auction on Sept. 4 as a result of its owner defaulting on a $37.4 million loan. ...
MPG Office Trust Inc. has defaulted on a $125 million CMBS loan against the Glendale Center, a 396,000-square-foot office building in Glendale, Calif. The loan was moved to special servicing last November as the REIT sought a work out. The ...
Parkway Properties Inc. has completed the $150.6 million, or $150.60/sf, sale of 111 East Wacker Drive, a 1 million-square-foot office building in Chicago. The Orlando, Fla., REIT sold the 32-story building to CommonWealth REIT. The building is 80.5 percent leased. ...
Commercial Real Estate Direct Staff Report MPG Office Trust has requested that a $125 million CMBS loan against its Glendale Center, a 396,000-square-foot property in Glendale, Calif., be moved to special servicing. The Los Angeles REIT, formerly known as Maguire ...
Crain's Chicago Business CommonWealth REIT has struck a deal to pay about $151 million for a 1 million-square-foot office tower in Chicago. Parkway Properties is selling the building, at 111 East Wacker Drive, which it had acquired in 2006 for ...
BlueLinx Holdings Inc., an Atlanta building-products company that formerly served as the distribution division of Georgia-Pacific Corp., has negotiated the modification of $286 million of securitized mortgage debt. It paid down the debt by $38.3 million without penalty.
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 Wachovia Bank Commercial Mortgage ...
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