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Ramsfield Hospitality Finance is said to have purchased the defaulted $80.2 million CMBS loan against the leasehold interest in 390 Park Ave., a 234,240-square-foot office building in midtown Manhattan, according to a report in the New York Post. The New York ...
New York Post The $80.2 million CMBS loan against the Lever House office property at 390 Park Ave. in midtown Manhattan has been sold for an unknown sum. The buyer was 390 Park Debt Acquisition Corp., believed to be a ...
AEW Capital Management has paid $72.75 million, or nearly $300/sf, for the 244,977-square-foot Center of Winter Park retail center in the Orlando, Fla., suburb of Winter Park, Fla. The Boston investment manager bought the property on behalf of a separate ...
Crain's New York Business RFR Realty is having trouble lining up fresh debt against Manhattan's 390 Park Ave., and could lose control of the office property by the third quarter. The property backs $84.8 million of debt that's securitized through ...
Commercial Real Estate Direct Staff Report PCCP LLC has provided $25 million of financing for the City Center West office complex in Las Vegas, which recently was acquired by Odyssey Real Estate Capital. The two-building property, at 7201 and 7251 ...
McKinley Crossroads, a 202,134-square-foot retail center in Corona, Calif., in Riverside County, that had backed a $26.1 million CMBS loan will be sold at an upcoming online auction. The property, on just less than 14 acres at 275-280 Teller St., ...
Commercial Real Estate Direct Staff Report The foreclosure case against the owner of 390 Park Ave., a 234,240-square-foot office building in midtown Manhattan, is advancing. Wells Fargo Bank, trustee for Credit Suisse First Boston Mortgage Securities Corp., 2005-C2, which holds ...
Commercial Real Estate Direct Staff Report LNR Partners is offering for sale the Yuba Sutter Mall in the Sacramento, Calif., suburb of Yuba City, Calif. The enclosed shopping center has a total of 407,064 square feet, but 104,260 sf is ...
Commercial Real Estate Direct Staff Report The 387,000-square-foot office building at 340 Mount Kemble Ave. in Morris Township, N.J., generated an offer of $9 million at a recent auction conducted by Ten-X. According to Kroll Bond Rating Agency, the bid ...
NJBiz Kemble Plaza I, a 387,277-square-foot office building in Morristown, N.J., will be offered for sale at an upcoming auction. The loan against the property, at 340 Mount Kemble Ave., has a balance of $41.3 million and is securitized through ...
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