David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Two of the three loans are against properties owned by Investcorp, which is evidently looking to renegotiate terms of the loans. The transfers show that the performance of properties in many cases still falls short of expectations, especially if they ...
DLJ Real Estate Capital Partners, an arm of investment bank Credit Suisse, has defaulted on a $130.1 million loan secured by six hotels with a total of 1,157 rooms on the West Coast. The debt is in foreclosure. The hotels ...
Dallas Morning NewsA foreclosure auction is scheduled for next month for the 900-acre Solana business park in suburban Dallas. The property along State Highway 114 in Southlake and Westlake, Texas, has more than 2.5 million square feet of office, hotel ...
Commercial Real Estate Direct Staff ReportSix of the 12 loans that comprise 15 percent or more of their respective CMBS transactions are in special servicing, according to analysis by Deutsche Bank.Such large loans can have a severe impact on a ...
A total of $3.1 billion of CMBS loans became delinquent in August, according to Fitch Ratings. But $2.1 billion were resolved during the month, resulting in a net increase in the volume of delinquent CMBS loans to 2,931 loans with ...
Following is a list of recent downgrades by Standard & Poor's: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln S&P New Rating S&P Old Rating Notes Greenwich Capital Commercial ...
A venture led by Simon Property Group has lined up $79 million of fresh debt against the Shops at Sunset Place retail property in Miami.JPMorgan Chase provided the 10-year loan, which has a fixed rate. Holliday Fenoglio Fowler arranged the ...
Innkeepers USA Trust has struck an agreement for a pre-packaged bankruptcy that will result in Lehman Brothers converting its holdings in the hotel REIT's secured debt into equity.The move comes three months after Innkeepers said it had not made interest ...
New York Post (second item)Equity Residential paid $181.5 million for the River Tower, a 324-unit apartment building at 420 East 54th St. in Manhattan's Sutton Place neighborhood. The Chicago REIT bought the building from Macklowe Organization earlier this year. It ...
South Florida Business JournalThe trustee for JP Morgan Chase Commercial Mortgage Securities Corp., 2005-CIBC12, has initiated foreclosure proceedings on a $17.6 million loan backed by a 96,075-aquare-foot retail center in Miami.LaSalle Bank filed foreclosure litigation against Pinecrest Realty Associates, which ...
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