Colony Realty Partners has thrown a portfolio of industrial and office properties that backs $144.22 million of CMBS debt into bankruptcy. It's aiming to halt a foreclosure and win a five-year term extension of the loan, which previously was modified ...
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 Bear Stearns Commercial ...
CWCapital Asset Management is gearing up to dispose of some $3 billion of CMBS loans it handles as special servicer. The Bethesda, Md., special servicer has identified a total of 161 loans that it would resolve, generally through sales, by ...
Commercial Real Estate Direct Staff Report The $575 million proposed sale of the apartment component of Manhattan's Belnord property at 225 West 86th St. will likely result in a $20.6 million loss to the CMBS trust that holds a $375 ...
Vanta Commercial Properties is in the market to sell 40 office properties in the Madison, Wis., area. Vanta, a Middleton, Wis., investor and developer, has tapped CBRE to market the 40 properties, which are valued at $400 million. The listing ...
The Real Deal HFZ Capital is buying the Belnord, a 226-unit apartment property at 225 West 86th St. in Manhattan's Upper West Side. Extell Development Co. is selling the property, which it had bought in 1994 for $15 million. The ...
Crain's Chicago Business A venture led by developer Warren Baker has paid Extell Development Co. $13 million, or about $103.17/sf, for a 126,000-square-foot office building at 105 West Madison St. in Chicago. Extell took the property in January by foreclosing ...
Commercial Real Estate Direct Staff Report CWCapital Asset Management recently sold a Houston office building for $18.6 million, or $136/sf. It had taken the property by foreclosing on what had been a $10.3 million CMBS loan. The 136,636-square-foot property was ...
Dallas Morning News Amazon.com is considering taking space at the Galleria Towers in Dallas for its North Texas regional office. The online retailer would take as much as 100,000 square feet at the 1.4 million-sf complex at 13155, 13355 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 Bear Stearns Commercial Mortgage ...
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