389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Wells Fargo Bank has provided an $82 million loan for the 1.4 million-square-foot Dayton Mall in Dayton, Ohio. A portion of the loan proceeds were used to repay an existing $50 million mortgage that matures in October. That loan, provided ...
KeyBank has provided $50 million of mortgage financing for the Dayton Mall, a 1.4 million-square-foot shopping center in Dayton, Ohio, that is owned by an affiliate of Glimcher Realty Trust. The loan retires a $49.8 million mortgage against 663,286 sf ...
Saul Centers plans to pay off a securitized loan that had been backed by a pool of nine shopping centers, mostly in the Baltimore area, according to Citybizlist. The Bethesda, Md., REIT plans to refinance just one of the centers, ...
The recent settlement of a troubled $44.9 million mortgage that was securitized via Asset Securitization Corp., 1997-D5, has prompted Standard & Poor's to upgrade seven of the deal's bond classes.The rating agency earlier this month had placed three of the ...
Commercial Real Estate Direct Staff ReportNomura Securities has agreed to pay $67.5 million to settle litigation surrounding a delinquent mortgage that was securitized via Asset Securitization Corp., 1997-D5.While the amount is substantially more than the loan's $44.6 million balance, it ...
Lawsuits over a long-delinquent $44.9 million mortgage that was securitized via Asset Securitization Corp., 1997-D5, have been settled. The loan, backed by the shuttered Doctor's Hospital, has been the subject of numerous lawsuits involving the deal's trustee, Nomura Securities and ...
Moody's Investors Service has upgraded the $28.1 million class A-6 of Asset Securitization Corp., 1997-D4, to Aaa from Aa2, because of improved subordination levels and defeasance. The deal's collateral balance is $1 billion, compared with $1.4 billion at issuance. Another ...
Commercial Real Estate Direct Staff ReportThe trustee for Asset Securitization Corp., 1995-MDIV, which has investigated allegations that the deal's special servicer mishandled the resolution of two of the deal's collateral loans, has found that the servicer followed rules established by ...
Commercial Real Estate Direct Staff ReportStandard & Poor's has placed the AAA ratings of two classes of Asset Securitization Corp., 1995-MDIV, on CreditWatch with negative implications, meaning it could downgrade the classes, because of a $78,048 interest shortfall that hit ...
Standard & Poor's has raised four classes of Asset Securitization Corp., 1996-D2, because of increased subordination levels.The deal has a remaining balance of $267.00 million, down from $879.50 million at issuance. In addition, interest shortfalls have all been repaid, which ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..