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Trib Live Mason Asset Management has purchased the Galleria at Pittsburgh Mills mall in Tarentum, Pa., for about $12 million. The deal does not include the outlying businesses and restaurants known as The Village at Pittsburgh Mills. The suburban Pittsburgh ...
CBS Pittsburgh Wells Fargo Bank, the trustee for Morgan Stanley Capital I Inc., 2007-HQ11, which holds a $133 million mortgage against the Galleria at Pittsburgh Mills mall, has taken the property through a foreclosure auction. A total of 887,007 square ...
Commercial Real Estate Direct Staff Report The Galleria at Pittsburgh Mills, a troubled shopping center in suburban Pittsburgh, has been re-appraised at a value of only $11 million. A total of 887,007 square feet of the 1.1 million-sf shopping center ...
Commercial Real Estate Direct Staff Report The Galleria at Pittsburgh Mills shopping center in suburban Pittsburgh might be worth only $12.7 million, according to analysis by Morningstar Credit Ratings. The Horsham, Pa., rating agency got to that number by applying ...
Commercial Real Estate Direct Staff Report The Galleria at Pittsburgh Mills mall in suburban Pittsburgh has been appraised at a value of only $30.8 million, according to a report by TreppWire. That's a sharp reduction from its $77 million appraisal ...
Commercial Real Estate Direct Staff Report The $133 million CMBS loan against the Galleria at Pittsburgh Mills, which was modified nearly four years ago, has been transferred once again to special servicer C-III Asset Management as its April 8 maturity ...
A $133 million CMBS loan against a Pittsburgh-area shopping center that was written at the market's peak in 2007 and was coming due has been extended for more than three years. The loan was written with the assumption that its ...
New York ObserverThe sale of a stake in 485 Lexington Ave. in Manhattan has collapsed because a loan special servicer refused to allow financing that is backed by the office building to be assumed, according to its owner, SL Green ...
HTML clipboardFollowing 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 Reason for Rating Action ...
Standard & Poor's has downgraded four classes of Morgan Stanley Capital I Trust, 2007-HQ11, due to expected losses from two loans in special servicing.A $3.5 million loan that is backed by a 75,067-square-foot office property in Dublin, Ohio, has defaulted ...
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