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
Commercial Real Estate Direct Staff Report The $34.9 million loan against 252 West 37th St., a 161,613-square-foot office building in Manhattan's Garment District that has suffered from a sharp decline in occupancy and cash flow, has transferred to special servicer ...
Morgan Stanley and Barclays Capital Real Estate have provided $280 million of financing against the 1.15 million-square-foot 60 Hudson St. data-center property in lower Manhattan, allowing for the pay off of a like-sized loan that was to mature next month.
Commercial Real Estate Direct Staff Report The 142,762 square feet of office space at 315 West 36th St. in Manhattan's Garment District, most of which is leased to WeWork Inc., which had stopped paying rent earlier this year, has been ...
Commercial Real Estate Direct Staff Report Spinoso Real Estate Group has acquired the Solano Town Center, a 1.05 million-square-foot enclosed shopping center in Fairfield, Calif., which is midway between Sacramento and San Francisco. The Syracuse, N.Y., company had been handling ...
Commercial Real Estate Direct Staff Report A New York State judge has ruled that affiliates of the Trump Organization had engaged in fraud by overstating the value of properties they owned, some of which were financed with mortgages. The ruling, ...
Commercial Real Estate Direct Staff Report The $39.6 million CMBS loan against 100 Westminster, a 361,462-square-foot office building in Providence, R.I., has been sent to special servicer Rialto Capital Advisors as it faces its maturity. The loan, securitized through COMM, ...
Commercial Real Estate Direct Staff Report Canyon Crossing, a 295,949-square-foot shopping center in Riverside, Calif., was appraised at a value of $49 million last October, down from $62.9 million in 2013, when a $44.7 million CMBS loan was written against ...
Commercial Real Estate Direct Staff Report The $32.3 million CMBS loan against the 261,961-square-foot office building at 50 Crosby Drive in Boston suburb of Bedford, Mass., has transferred to special servicer LNR Partners because it's expected to default. The loan, ...
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 LB-UBS Commercial Mortgage Trust, ...
Commercial Real Estate Direct Staff Report The $20.6 million CMBS loan against the Showcase at Indio retail property in Indio, Calif., in the Sonoran Desert in the state's Riverside County, has been modified with its maturity extended by five years, ...
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