234-Unit Apartment Project Coming to Raleigh, N.C.
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909,553-SF Industrial Property Breaks Ground in Mesa, Ariz.
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Commercial Real Estate Direct Staff Report The $69.9 million CMBS loan against the 604-room Marriott Houston Westchase hotel has been hit with a $17.5 million appraisal reduction amount, an indication that the property is now worth less than what is ...
Third Point LLC is said to have acquired the distressed $59.15 million loan against Building 1 of the 777 Scudders Mill Road office complex in Plainsboro, N.J. The New York investment manager bought the loan from Bear Stearns Commercial Mortgage ...
Commercial Real Estate Direct Staff Report The largest remaining loan in the collateral pool for Bear Stearns Commercial Mortgage Securities Corp., 2007-PWR15, is now classified as being in foreclosure. The loan, with a balance of $59.2 million, is backed by ...
Commercial Real Estate Direct Staff Report The $173 million of CMBS financing against Bristol-Myers Squibb Co.'s Plainsboro, N.J., office campus has fallen 30-days late. That's not a surprise given that the pharmaceutical company previously had said it would be vacating ...
Commercial Real Estate Direct Staff Report Westbrook Partners has paid $152 million, or roughly $496/sf, for 1325 G St. NW, a 306,563-square-foot office building in Washington, D.C. The New York investment manager used a $110 million loan from HSBC Bank ...
Commercial Real Estate Direct Staff Report The financing against the World Market Center, a 2.5 million-square-foot showroom property in Las Vegas, has been paid off, resulting in substantial losses to the two CMBS transactions that held what originally was $569 ...
Commercial Real Estate Direct Staff Report Special servicer C-III Asset Management is offering for sale a nonperforming $20.7 million loan against 287,908 square feet of the Aiken Mall just outside of Columbia, S.C. The loan was securitized through Bear Stearns ...
Atlanta Journal-Constitution The CMBS trust that holds a $67.7 million mortgage against the 273,997 square feet of non-anchor space at the 1.1 million-sf Southlake Mall in Morrow, Ga., near Atlanta, has taken the property through foreclosure. The loan was part ...
Commercial Real Estate Direct Staff Report A $210.6 million CMBS loan that a venture led by Bain Capital Partners had assumed as part of its acquisition of the first phase of the World Market Center showroom property in Las Vegas ...
The $345 million CMBS loan on the second phase of Las Vegas' World Market Center, which was assumed as part of the recapitalization of three showroom properties by a group led by Bain Capital Partners, has been written down by ...
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© 2023 Commercial Real Estate Direct All rights reserved..