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
Kansas City Business Journal The Overland Park, Kan., City Council has approved the redevelopment of the Glenwood Plaza shopping center into a $97.5 million mixed-use project. Launch Development Inc. of Kansas City, Mo., is the project's developer. City Council has ...
Minneapolis/St. Paul Business Journal A partnership that includes Walt Van Heest, managing director of Sperry Van Ness Northco Real Estate Services, has paid $14.65 million, or about $128/sf, for a 114,000-square-foot office building in St. Louis Park, Minn. A local ...
Cedar Realty Trust Inc. has paid $92.3 million for the Quartermaster Plaza Shopping Center in Philadelphia. The Port Washington, N.Y., REIT purchased the property, at 2200-2400 West Oregon Ave., just off Interstate 76, from Forest City Enterprises Inc. It assumed ...
Citigroup has provided a $235 million loan against the Maine Mall in South Portland, Maine. The debt takes out a CMBS loan that was modified as part of property owner General Growth Properties Inc.'s 2010 bankruptcy reorganization. That loan was ...
Crain's New York Business Savanna Partners is in talks to buy One Court Square, a 1.5 million-square-foot office property in Long Island City, N.Y. The property, owned by a group led by David Werner, backs a $315 million loan, a ...
Reckson Associates Realty Corp. has agreed to sell a stake of up to 70 percent in One Court Square, a 1.4 million-square-foot office building in Long Island City, N.Y., to an affiliate of JPMorgan Asset Management.As reported, Reckson had agreed ...
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-182.0030.003.00AAAAaa+10swapsA-1D92.0030.003.00AAAAaaNAswapsA-1A397.4630.008.47AAAAaaNAswapsA-2FL200.0030.004.72AAAAaa+12LiborA-2FX70.0030.004.72AAAAaa+22swapsA-3112.0030.006.78AAAAaa+33swapsA-SB198.2830.007.39AAAAaa+28swapsA-41,563.0330.009.68AAAAaa+27swapsA-M387.8220.009.89AAAAaa+32swapsA-J305.4112.1259.92AAAAaa+38swapsB29.0911.3759.92AA+Aa1+41swapsC43.6310.259.92AAAa2+43swapsD43.639.1259.92AA-Aa3+47swapsE58.177.6259.92AA2+53swapsF38.786.6259.92A-A3+62swapsG43.635.509.96BBB+Baa1+100swapsH43.634.37510.00BBBBaa2+110swapsJ48.483.12510.00BBB-Baa3+160swapsK29.092.37510.00BB+Ba1NAswapsL9.702.12510.00BBBa2NAswapsM14.541.7510.00BB-Ba3NAswapsN9.701.5010.00B+B1NAswapsO9.701.2510.00BB2NAswapsP9.701.0010.00B-B3NAswapsQ38.780.0011.36NRNRNAswapsOCS**25.00NA9.83NRBaa3NAswapsXP*3,787.75NANAAAAAaaNATreas*Notional amount, interest only**backed by an interest in a mortgage on One Court SquareCollateral balance: $3,903.20 millionBookrunner(s): Deutsche Bank, CitigroupLead Managers: Deutsche Bank, CitigroupCo-managers: Banc of America Securities, Lehman Brothers, Nomura Securities, PNC Capital Markets, Wachovia Capital ...
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