SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Houston’s 777 Post Oak Blvd. Office Gets New Owner
April 24, 2024
Commercial Real Estate Direct Staff Report New York Community Bank has provided a $46.5 million loan against 75 Maiden Lane, a 172,040-square-foot office building in lower Manhattan. The property, which is owned by A.M. Property Holding Group, had served as ...
Commercial Real Estate Direct Staff Report LaSalle Hotel Properties has paid a venture that includes Westbrook Partners $350 million, or $513,950/room, for the former Westin San Francisco hotel. The Bethesda, Md., REIT has since renamed the 681-room property the Park ...
Commercial Real Estate Direct Staff Report The $163.8 million CMBS loan against Jericho Plaza, a 638,216-square-foot office property on Long Island, N.Y., has transferred to special servicing because it's expected to default. The loan was securitized through Credit Suisse Commercial ...
Commercial Real Estate Direct Staff Report The $76.6 million CMBS loan against Commerce Corporate Plaza, a 746,052-square-foot office building in Albany, N.Y., matured earlier this month without being paid off. But servicer notes indicate the loan's likely to get repaid, ...
Deutsche Bank has provided a $32 million loan for the Can Co. Building, a 206,992-square-foot office property at 2400 Boston St. in Baltimore. The mortgage, which was arranged by Cassidy Turley, replaces a $22.64 million loan that was securitized through ...
Deutsche Bank and SL Green Realty Corp. have provided $150 million of financing against 245 Fifth Ave., a 303,139-square-foot office building in Manhattan's midtown south. The financing, which includes $20 million to cover the costs of upgrades and leasing commissions, ...
Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Morgan Stanley Capital ...
The One & Only Ocean Club, a 106-unit resort on Paradise Island in the Bahamas, is being purchased by Len Blavatnik for $150 million, according to a report in the Wall Street Journal. Blavatnik, a billionaire who previously invested opportunistically ...
Warwick International Hotels, which earlier this year bought the 443-room Allerton Hotel in Chicago, has paid off the property's $58.5 million mortgage. The Paris hotel company had purchased the upscale property from Petra Capital Management, which had taken it over ...
CBL & Associates Properties Inc. plans to dispose of 21 malls with a combined value of up to $1.25 billion. The Chattanooga, Tenn., REIT also wants to restructure the debt on another five malls on which it owes a combined ...
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© 2023 Commercial Real Estate Direct All rights reserved..