Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
144-Unit Apartment Property Opens in Arlington, Va.
April 19, 2024
CenterPoint Sells 3 Ill. Industrial Buildings for $125Mln
April 19, 2024
Commercial Real Estate Direct Staff Report Two buildings in the CityWest office complex in Houston could be worth only $100.5 million because occupancy has fallen sharply, to 44 percent from 99 percent nine years earlier, according to analysis by Morningstar ...
Commercial Real Estate Direct Staff Report Tier REIT Inc., which has sold the 1.2 million-square-foot Fifth Third Center in Chicago to Rreef Funds, has defeased the $193.7 million CMBS loan against the property. In exchange for the property, at 222 ...
A venture of DivcoWest and Synergy Investments has paid $48 million, or roughly $382/sf, for 55 Summer St., a 125,719-square-foot office building in downtown Boston. The Divco/Synergy team acquired the 10-story building from Brickman Associates, which paid $37.2 million for ...
Commercial Real Estate Direct Staff Report C-III Asset Management, acting as special servicer for GS Mortgage Securities Corp. II, 2006-GG8, has sold the 240-unit Cimarron Apartments complex in Las Vegas for $24.5 million, or $102,083/unit, to Fairfield Residential Co. The ...
Commercial Real Estate Direct Staff Report Atrium at Empire Lakes, a Rancho Cucamonga, Calif., business park that backs $48.4 million of CMBS debt, has been sold to one of its tenants, Inland Empire Health Plans, for $50.8 million, or about ...
Grossman Cos. has retired $190 million of CMBS debt against its 640-unit Arizona Grand Resort & Spa in Phoenix with proceeds from $88 million of financing provided by Prime Finance Inc. and Marathon Asset Management. The CMBS debt had been ...
Crain's Chicago Business A $38.26 million loan backed by a 312,000-square-foot office building in Chicago has been transferred to special servicer CWCapital Asset Management because a recent vacancy at the property has put the debt at risk of default. Clybourn ...
Inland Diversified Real Estate Trust Inc. has paid $38.25 million, or $128.72/sf, for Mullins Crossing, a 297,168-square-foot shopping center in Evans, Ga., a suburb of Augusta, Ga. The Oak Brook, Ill., REIT, whose shares do not trade on any exchange, ...
Commercial Real Estate Direct Staff Report A troubled $79.4 million mortgage on the Gallery at Cocowalk retail complex in Miami has been restructured into two notes, including a $27.9 million loan that pays no interest. The $79.4 million loan is ...
South Florida Business JournalMiami's CocoWalk retail center could soon be turned over to the CMBS trust that holds $79.4 million of debt against it. The debt was securitized through GS Mortgage Securities Trust 2006-GG8. The 196,492-square-foot property's owner, PMAT CocoWalk, ...
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© 2023 Commercial Real Estate Direct All rights reserved..