Deal Name: ML-CFC Commercial Mortgage Trust

Crain's New York Business The five CMBS trusts that own the 11,227-unit Stuyvesant Town/Peter Cooper Village apartment complex in Manhattan are on the hook to reimburse current and former tenants for their over-payment of rents, according to a court ruling. ...

Commercial Real Estate Direct Staff Report A joint venture between Lincoln Property Co. and GEM Realty Capital assumed what had been a $105 million securitized loan as part of its purchase of the Towers at Bella Terra mixed-use complex in ...

Investors paid a total of $309 million for 93 loans that were sold at auction.com's offering of distressed notes and foreclosed real estate that ran from Sept. 19 through Oct. 6. In addition, investors paid $144 million for the 94 ...

Younan Properties Inc. is offering for sale 200 North LaSalle St., a 645,170-square-foot office building in downtown Chicago. The Los Angeles company hopes to sell the property for enough money to cover its $92 million of securitized debt, which comes ...

CBL & Associates Properties Inc. has agreed to pay $11.5 million, or $14/sf, for the 823,000-square-foot Northgate Mall at 5000 Hixson Pike in Chattanooga, Tenn. The Chattanooga REIT agreed to buy the property at an online auction hosted by auction.com ...

Orlando Business Journal U.S. Bank has taken control of the Trails Shopping Center, a 151,150-square-foot retail property in Ormond Beach, Fla. The bank named Continental Real Estate Co. as the receiver for the property, which had been owned by Jaffe ...

Crain's Chicago Business A group of lenders has taken the Westin Chicago North Shore hotel in Wheeling, Ill. The 412-room property at 601 N. Milwaukee Ave. was developed in 2006 and backs $86 million of debt, a $37.1 million piece ...

Business Real Estate Weekly of Arizona East Thunderbird Square North, a 158,309-square-foot retail center in Scottsdale, Ariz., is scheduled to be sold at an Aug. 24 foreclosure auction. The property serves as collateral for a $50 million loan securitized through ...

Commercial Real Estate Direct Staff Report NorthStar Realty Finance Corp. has agreed to buy the B-piece of an upcoming $2 billion CMBS transaction that includes loans originated by Deutsche Bank, UBS and Ladder Capital Finance. The New York finance company ...

Chatham Lodging Trust, which had teamed with Cerberus Capital Management to buy 64 hotels owned by Innkeepers USA Trust for $1.125 billion, separately is purchasing five other Innkeepers hotels for $195 million. The five hotels have a total of 764 ...