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
The Moreno Valley Mall, a 1.1 million-square-foot enclosed shopping center in California's Inland Empire, has been put up for sale by CWCapital Asset Management, which took the property by foreclosing against a $76.4 million loan against it. The loan had ...
Soma Capital Partners has teamed with Timbercreek Asset Management to pay $19.2 million, or just more than $230/sf, for the Blue Oaks Marketplace in Rocklin, Calif. Soma Capital, of San Francisco, bought the retail property at 6815-6843 Lonetree Blvd. from ...
Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes Morgan Stanley Capital I ...
Cleveland Plain Dealer An affiliate of Somera Road Inc. has paid $8.3 million, or $66.40/sf, for the vacant Strongsville Corporate Center in suburban Cleveland. The 125,000-square-foot office property, at 17800 Royalton Road in Strongsville, Ohio, had backed a $12.2 million ...
Commercial Real Estate Direct Staff Report The owner of the Miracle Mile Shopping Center in western Pennsylvania has requested a term extension for the property's maturing $59.6 million CMBS loan, as it has been offering the property for sale and ...
LoanCore Capital has provided $120 million of floating-rate debt against a portfolio of 43 apartment properties in Chicago. The debt allowed the portfolio's owner, Lyrical-Antheus Realty Partners II, to retire a $111.9 million CMBS loan that was scheduled to mature ...
The Real Deal Retailer BCBG Max Azria Group has defaulted on $34.6 million of CMBS debt against a portfolio of three warehouse properties in Vernon, Calif. The debt was securitized through Citigroup Commercial Mortgage Trust, 2007-C6. It was transferred to ...
Commercial Real Estate Direct Staff Report CWCapital Asset Management has put the troubled $17.4 million CMBS loan against the 735-unit Granada Apartments in Erie, Pa., up for sale. The Bethesda, Md., special servicer has hired Mission Capital Advisors to sell ...
ASAP International Holdings has acquired the 311-room Renaissance Woodbridge Hotel in Iselin, N.J., which is just south of Newark, N.J. The Los Angeles investor, which raised preferred equity for the purchase through the RealCrowd crowdfunding platform, bought the property, at ...
Commercial Real Estate Direct Staff Report The $63 million CMBS loan against the Crossroads Marketplace shopping center in Chino Hills, Calif., has transferred to special servicing because it's expected to default. The loan, which encumbers 239,912 square feet of the ...
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© 2023 Commercial Real Estate Direct All rights reserved..