Deal Name: CD

Dallas Morning NewsMacerich Co. has turned the Valley View Center retail property in Dallas to its lender. The 37-year-old property has more than 1.6 million square feet is less than 75 percent leased. The property backs $125 million of debt ...

Kansas City Business JournalA joint venture that includes RED Development has bought the 400,000-square-foot Woodbury Lakes lifestyle center in Woodbury, Minn. A purchase price was not disclosed. Opus Northwest developed the property in 2005 for $70 million. It had been ...

South Florida Business JournalA foreclosure suit was filed in Broward County, Fla., Circuit Court against half of the Magnolia Shoppes in Coral Springs, Fla. A group that calls itself Westview Shoppes Fla owns the eastern part of the property, with ...

The Real DealRose Associates has been named exclusive managing agent for the Riverton apartments in Harlem, N.Y., whose previous owner, Lawrence Gluck, defaulted on $225 million of financing. CWCapital Asset Management, special servicer of the CMBS trust that owns the ...

Commercial Real Estate Direct Staff ReportThe foreclosure of the $225 million of senior debt against the Riverton apartment complex in Harlem, N.Y., will trigger a tax of $6.8 million that will be borne by the CMBS trust that owns the ...

CWCapital Asset Management, special servicer of CD, 2007-CD4, which owns $225 million of senior debt on the 1,228-unit Riverton apartment complex in Harlem, N.Y., has taken control of the property with a $125 million bid at a foreclosure auction today.The ...

Minneapolis-St. Paul Business JournalWoodbury Lakes, a 300,000-square-foot lifestyle center in suburban Minneapolis that was returned to its lender last September, is being placed on the sales block. Welsh Cos. is marketing the property at Interstate 94 and Hudson Road in ...

New York TimesA New York State Supreme Court judge has ruled that the Riverton apartment complex in Harlem, N.Y., be put up for foreclosure auction.The 1,228-unit property serves as collateral for $225 million of senior debt that was securitized through ...

Moody's Investors Services has placed 18 classes of CD 2007-CD4 on review for possible downgrades due to expected losses from loans in special servicing, as well as interest shortfalls.A total of 23 loans with a balance of $1.2 billion are ...

Laurence Gluck, the head of Stellar Management, has sued Realty Finance Corp. for thwarting his efforts to turn the deed on the Riverton apartment complex in Harlem, N.Y., over to its senior lender, according to Crain's New York Business.The publication ...