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: 2016-LC24
Lease Rollover Risk at Midtown Manhattan Office Drives Fitch’s Downgrade of 2 CMBS Deals
Commercial Real Estate Direct Staff Report The $99 million CMBS loan against the 247,183-square-foot office building at 1140 Ave. of the Americas in midtown Manhattan could suffer a loss of 28 percent, or $27.72 million, according to analysis by Fitch ...
Hudson Pacific Selling Stake in 2 Burbank, Calif., Offices to Blackstone
The following story has been edited to clarify that the deal valued the two properties at $350 million. Hudson Pacific Properties is selling its 65 percent stake in Pinnacle I and II, a pair of office buildings with 625,641 square ...
INITIAL PRICING: Wells Fargo Commercial Mortgage Trust, 2016-LC24
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 41.39 30.00 2.22 AAA AAA Aaa 99.998 1.420 +40 swaps A-2 55.66 30.00 4.50 AAA AAA Aaa ...
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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.
