Deal Name: 2006-PWR14

MetLife has provided $60 million of permanent financing against the 247-room Grand Bohemian Hotel Orlando, allowing for the refinancing of a $49.1 million CMBS loan against the 15-year-old property. The 10-year loan was arranged by HFF. The loan it retires ...

Commercial Real Estate Direct Staff Report Sonnenblick-Eichner Co. has arranged $49.7 million of mortgage financing for a portfolio of four Hilton Garden Inn properties with 477 rooms in the Midwest. The four properties, in Green Bay, Kimberly and Oshkosh, Wis., ...

Commercial Real Estate Direct Staff Report Citigroup Global Markets Realty Corp. has provided $130 million of financing against International Plaza, a 355,227-square-foot office property in midtown Manhattan. Proceeds of the loan were used, in part, to defease, or replace with ...

Commercial Real Estate Direct Staff Report A venture of Praedium Group and Mack-Cali Realty Corp. is offering for sale the 416,429 square feet of office space at One Newark Center in Newark, N.J. The space is housed in the top ...

Commercial Real Estate Direct Staff Report The $65 million CMBS loan against the Philips at Sunrise shopping center in Massapequa, N.Y., has been retired through a $60.3 million discounted pay-off. The pay-off effectively ends a six-year saga during which the ...

Orlando Business Journal Access Mediquip reportedly has shut down its operations, vacating almost 16,000 square feet of space it occupies at 255 Primera Blvd. in Lake Mary, Fla. The 190,034-sf property near Orlando, Fla., backs a $26 million loan that's ...

Commercial Real Estate Direct Staff Report The $65 million CMBS loan against the Philips at Sunrise shopping center in Massapequa, N.Y., is expected to be retired through a discounted pay-off. Nomura Securities highlighted the expected pay-off in a research brief ...

Commercial Real Estate Direct Staff Report The 418,026 square feet of office space at One Newark Center in downtown Newark, N.J., was recently appraised at a value of $86.5 million. The property backs a $96.7 million loan that was securitized ...

Commercial Real Estate Direct Staff Report The buzz is that the venture of Praedium Group and Gale Real Estate Services Co. that owns the 417,005 square feet of office space at One Newark Center had been shooting to generate $115 ...

Commercial Real Estate Direct Staff Report A $96.7 million loan against the 418,026-square-foot One Newark Center in downtown Newark, N.J., defaulted when it matured Dec. 1. A venture of the Praedium Group and the Gale Real Estate Services Co. affiliate ...