David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Deal Name: 2014-STAR
Starwood Writes Down Value of Malls Backing CMBS Loan to Zero
Starwood Property Trust has written down to zero the value of an investment in a portfolio of four shopping malls that back $681.6 million of CMBS debt. The move makes it easier for the company, which holds a 33 percent ...
Starwood Property Sharply Writes Down Value of Malls Backing CMBS Loan
Starwood Property Trust, which owns a 33 percent stake in a portfolio of four shopping malls that back a $685.6 million securitized loan, has written down the value of its interest in the properties by nearly 50 percent. That's not ...
Starwood Property Writes Down Value of Mall Portfolio That Backs CMBS Debt
The Greenwich, Conn., REIT has sharply written down the value of its stake in a portfolio of four malls with about 2.8 million square feet in four states. It made a $69 million write-down on its interest in the portfolio, ...
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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.
