Deal Name: 2011-GC4
Sears to Close Store at Texas Mall, Putting $76.1Mln CMBS Loan at Increased Risk
Commercial Real Estate Direct Staff Report Sears is set to close its 115,723-square-foot store at the Parkdale Mall & Crossing in Beaumont, Texas, putting the property's $76.1 million CMBS loan at an increased risk of default. The loan, which amortizes ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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