David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Metropolitan Life Insurance Co. has provided a $130 million loan against 1410 Broadway, a 358,450-square-foot office building in the Penn Station area of Manhattan. The loan was used to pay off a $125 million loan that was securitized through GS ...
Commercial Real Estate Direct Staff Report The CMBS loan against the 837,225-square-foot State House Square in Hartford, Conn., which transferred to special servicing in April, has had its maturity extended for another three years as part of a modification, according ...
The proposed sale of the former One HSBC Center in Buffalo, N.Y., has fallen apart, according to a report by the Buffalo News. The 850,000-square-foot property serves as collateral for a $74.6 million loan that was securitized through GS Mortgage ...
Commercial Real Estate Direct Staff Report The $130 million CMBS loan against the Alhambra mixed-use complex in suburban Los Angeles was transferred to special servicer C-III Asset Management when the property's owner, a venture led by Ratkovich Co., sought a ...
Commercial Real Estate Direct Staff Report The CMBS loan against the Computer Associates office property in Islandia, N.Y., has transferred to special servicer Orix Capital Markets because it could default at its August 6th maturity. The transfer was highlighted this ...
Commercial Real Estate Direct Staff Report With occupancy at State House Square, an 837,225-square-foot office building in Hartford, Conn., declining, its $87.6 million CMBS loan has transferred to special servicing as it's expected to default. The loan is securitized through ...
Commercial Real Estate Direct Staff Report Two buildings in the CityWest office complex in Houston could be worth only $100.5 million because occupancy has fallen sharply, to 44 percent from 99 percent nine years earlier, according to analysis by Morningstar ...
New York Observer M. Arthur Gensler Jr. & Associates has signed a 12-year lease for 119,414 square feet at 1700 Broadway, a 581,354-sf building in midtown Manhattan. The architectural firm will be moving from 1230 Avenue of the Americas, a ...
Ashford Hospitality Trust Inc. has agreed to pay $101 million, or $349,480/room, for two Minneapolis hotels with a combined 289 rooms. The Dallas REIT is buying the properties, the 229-room W Minneapolis Hotel - The Foshay and the 60-room Le ...
The loan matures in 2035 and was used to defease a $156.7 million loan that was securitized through GS Mortgage Securities Corp. II, 2007-GG10. The CMBS loan pays a 6.544 percent coupon and is locked out from prepayment until April ...
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