389-Unit Apartment Property Opens in Morgan Hill, Calif.
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Mesilla Valley Mall, a 607,086-square-foot enclosed retail center in Las Cruces, N.M., soon will be offered for sale. The property, which was 92 percent occupied at the end of last November, is one of 13 assets remaining in the collateral ...
Commercial Real Estate Direct Staff Report The Mesilla Valley Mall in Las Cruces, N.M., has been appraised at a value of $26.8 million - less than half the $66 million value pegged to it in 2007, when a $54 million ...
Commercial Real Estate Direct Staff Report With its July 11 maturity fast approaching, the $54 million CMBS loan against the Mesilla Valley Mall in Las Cruces, N.M., has been transferred to special servicing because it's not expected to be paid ...
Commercial Real Estate Direct Staff Report Mission Capital Advisors has brought to the sales market a $50.4 million distressed mortgage against a class-A office property near Atlantic City, N.J. A buyer would have quick access to the loan's collateral, the ...
Paramount Group and GIC, Singapore's sovereign wealth fund, have formed a venture to take ownership of the 1.6 million-square-foot office building at 60 Wall St. in lower Manhattan. The transaction values the property at $1.04 billion, or $650/sf, and was ...
Davidson Kempner Capital Management, which earlier this year bought the Gulf Coast Town Center, has sued C-III Asset Management for trying to orchestrate an "audacious scheme" to buy the Fort Myers, Fla., retail property at an "artificially low" price, using ...
Commercial Real Estate Direct Staff Report The $190.8 million CMBS loan against the Gulf Coast Town Center in Fort Myers, Fla., has been sold for $154.4 million. The sale, highlighted this morning by Nomura Securities in a First Insights alert, ...
Commercial Real Estate Direct Staff Report Jericho Plaza, a 638,216-square-foot office property on Long Island, N.Y., that last year started suffering as occupancy declined, was appraised last November at a value of $100 million. That compares with the $234 million ...
Commercial Real Estate Direct Staff Report The Gulf Coast Town Center in Fort Myers, Fla., was appraised at a value of $155 million in April, down from $218 million in 2007, when a $190.8 million loan was written against it. ...
Commercial Real Estate Direct Staff Report The $163.8 million CMBS loan against Jericho Plaza, a 638,216-square-foot office property on Long Island, N.Y., has transferred to special servicing because it's expected to default. The loan was securitized through Credit Suisse Commercial ...
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© 2023 Commercial Real Estate Direct All rights reserved..