Deal Name: Greenwich Capital Commercial Funding Corp.

Washington Business Journal Portals I, a 449,413-square-foot office property in downtown Washington, D.C., that serves as collateral for $155 million of CMBS debt has been sold at auction to the note holder for $84 million, $186.91/sf. The loan is securitized ...

The $108 million CMBS loan against the Omni Building, a 660,223-square-foot office property on Long Island, N.Y., has transferred to special servicing as it's expected to default when it matures in two weeks. The property, at 333 Earle Ovington Blvd. ...

Commercial Real Estate Direct Staff Report The $91.9 million CMBS loan against the Boulevard Mall near Buffalo, N.Y., has been reclassified as being in foreclosure, meaning the trust that holds the loan likely will eventually own the property. The loan ...

Emma Capital Investments Inc. has paid $25.7 million, or roughly $85,670/unit, for the 3400 Club Apartments, with 300 units in the Atlanta suburb of Lawrenceville, Ga. The Toronto investment manager, which invests in apartment properties in the southeastern United States, ...

The following story has been edited to correct the Boulevard Mall's estimated fair value, which previously was understated. Commercial Real Estate Direct Staff Report The $92.4 million CMBS loan against the Boulevard Mall shopping center in the Buffalo, N.Y., suburb ...

Commercial Real Estate Direct Staff Report Deutsche Bank has provided a $254 million loan against 667 Madison Ave., a 250,731-square-foot office building in the Lenox Hill area of Manhattan. The debt allowed the property's owner, Hartz Mountain Industries Inc. of ...

Commercial Real Estate Direct Staff Report The $155 million CMBS loan against Portals I, a 449,413-square-foot office property in downtown Washington, D.C., has been hit with a $38.75 million appraisal reduction amount, or ARA. That's an indicator that the collateral ...

Buffalo Business Journal Forest City Realty Trust Inc. is offering for sale the Boulevard Mall in the Buffalo, N.Y., suburb of Amherst, N.Y. The Cleveland REIT has hired CBRE to market for sale the 1 million-square foot mall, 762,412 sf ...

Commercial Real Estate Direct Staff Report The $155 million CMBS loan against Portals I, a 449,413-square-foot office property in downtown Washington, D.C., has transferred to special servicing as it approaches its July 10 maturity. The loan is one of 17 ...

Crain's New York Business Zurich North America is in talks to lease about 70,000 square feet at Four World Trade Center, a 2.5 million-sf office building in lower Manhattan that is owned by Silverstein Properties. It leases 252,801 sf at ...