Deal Name: COMM 2001-J2

Commercial Real Estate Direct Staff Report The Willowbrook Mall in Wayne, N.J., remains closed as a result of flooding caused by Hurricane Irene. General Growth Properties owns the mall, which backs a $151.7 million loan, the only non-defeased loan that ...

Boston Properties Inc. has lined up $725 million of financing for 601 Lexington Ave., a 1.63 million-square-foot office building in midtown Manhattan. The financing, provided by a syndicate of life-insurance companies believed to include Prudential Insurance Co. of America, MetLife ...

Crain's Chicago Business CommonWealth REIT has closed on its purchase of a 1.1 million-square-foot office tower in Chicago. Parkway Properties Inc., a Jackson, Miss., REIT, earlier this month agreed to sell the property to the Newtown, Mass., REIT for $162.2 ...

Parkway Properties Inc. has agreed to sell the 1.1 million-square-foot office building at 233 North Michigan Ave. in Chicago for $162.2 million. The Jackson, Miss., REIT had put the 32-story property on the sales block in order to generate proceeds ...

Boston Globe A joint venture between JPMorgan Investment Management and Samuels & Associates has paid Abbey Group $530.5 million for Landmark Center, a 1.5 million-square-foot mixed-use project in Boston. The property, at 201 Brookline Ave., is near Fenway Park and ...

BostonGlobe Abbey Group is in negotiations to sell the Landmark Centerin Boston, a 1.5million square-foot mixed-use project, for $530 million to developer Steve Samuels. The property, at 201Brookline Ave. near Fenway Park,includes the headquarters offices of Blue Cross-Blue Shield of ...

Crain's Chicago BusinessParkway Properties is in the market to refinance a 1.1 million-square-foot office tower it owns in Chicago. The current debt against the property, at 233 N. Michigan Ave., will have a balance of $84.2 million when it comes ...

Moody's Investors Service has downgraded the $12 million class H of COMM, 2001-J2, to Caa1 from B1 because of interest shortfalls resulting from special servicing fees tied to the modification of a collateral loan.A $231.2 million mortgage on 32 Avenue ...

Commercial Real Estate Direct Staff ReportAllied Partners has agreed to sell its interest in New York's Citigroup Center to its partner, Boston Properties Inc.Allied, which is led by Richard and Eric Hadar, had purchased the 1.7 million-square-foot property in 2001 ...

Moody's Investors Service has upgraded three classes of COMM, 2001-Citi, because the deal's leverage levels have declined.The transaction is backed by a loan on part of the Citigroup Center, a 1.6 million square-foot office building in Manhattan that is owned ...