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
Deal Name: LB-UBS Commercial Mortgage Trust
North American Properties to Buy Atlanta’s Colony Square
The Cincinnati developer has struck a deal to buy Colony Square, an 872,252-square-foot office/retail property in Atlanta's midtown area. The sale will generate enough proceeds to pay off the A-note of a modified CMBS loan and could very well leave ...
$134.1Mln CMBS Loan Against N.C. Mall Moves to Special Servicing
Commercial Real Estate Direct Staff Report The $134.1 million of securitized financing against the Triangle Town Center in Raleigh, N.C., has been transferred to special servicing. The financing, which is securitized through LB-UBS Commercial Mortgage Trust, 2006-C1, and LB-UBS 2006-C7, ...
Pru Lends $58Mln for 2 Offices in Manhattan’s Flatiron District
Commercial Real Estate Direct Staff Report Prudential Insurance Co. of America has provided $58 million of mortgage financing against 373-381 Park Ave. South, a pair of office buildings with a total of 307,130 square feet in Manhattan's trendy Flatiron district. ...
Akron, Ohio, Mall Sees Another Value Plunge
Commercial Real Estate Direct Staff Report The appraised value of the Chapel Hill Mall in Akron, Ohio, has been reduced yet again. The 866,217-square-foot enclosed shopping center was encumbered by a $66.2 million loan that had been securitized through LB-UBS ...
Law Firm Signs 66,000-SF Lease at Centre Square in Philadelphia
Philadelphia Business Journal Obermayer, Rebman, Maxwell & Hipple has signed a 16-year lease for 66,000 square feet at Centre Square, a 1.8 million-sf office property at 1500 Market St. in Philadelphia. The law firm will be moving from nearby One ...
Ironshore Leases 101,958 SF at 28 Liberty St. in Manhattan
New York Post Ironshore Holdings US has signed a lease for 101,958 square feet at 28 Liberty St., a 2.2 million-square-foot office property in lower Manhattan. The insurance company currently leases 54,000 sf at One State Street Plaza, a nearby ...
REIT Eyes Full Ownership of Va. Office, Retail Property
Boston Properties Inc. is planning to take full ownership of the 756,055-square-foot Fountain Square office and retail property in the Washington, D.C., suburb of Reston, Va. The Boston REIT expects to buy the 50 percent stake it doesn't already own ...
New York Life Lends $137.5Mln Against 100 Wall in Manhattan
New York Life Real Estate Investors has provided a $137.5 million loan against 100 Wall St., a 516,740-square-foot office building in Manhattan's Financial District. Cornerstone Real Estate Advisers used the seven-year loan to help fund its $275 million purchase of ...
Etre’s Purchase of Boston’s State Street Financial Center Advances
The REIT's proposed purchase of a 48.9 percent stake in the 1.1 million-square-foot office property is moving forward. It would use proceeds from a stock offering to fund its $155 million acquisition of the stake from Fortis Property Group. The ...
Publisher Moving to 125 High St. in Boston
Banker & Tradesman Houghton Mifflin Harcourt is moving to 162,000 square feet at 125 High St. in Boston. The publisher will be occupying about 43 percent of the 376,000 sf that PricewaterhouseCoopers is vacating at the building in October, according ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
