389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Commercial Real Estate Direct Staff Report The Galleria at Pittsburgh Mills, a troubled shopping center in suburban Pittsburgh, has been re-appraised at a value of only $11 million. A total of 887,007 square feet of the 1.1 million-sf shopping center ...
Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Banc of America ...
BankUnited has provided $41.79 million of mortgage financing against the 390-room Sheraton Sand Key Resort in Clearwater Beach, Fla. The fixed-rate loan, which was arranged by HFF, matures in 2021. It replaced a $29.9 million loan that was securitized through ...
Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Banc of America ...
Commercial Real Estate Direct Staff Report The Galleria at Pittsburgh Mills shopping center in suburban Pittsburgh might be worth only $12.7 million, according to analysis by Morningstar Credit Ratings. The Horsham, Pa., rating agency got to that number by applying ...
Commercial Real Estate Direct Staff Report JBG Cos. has ponied up $4.25 million to pay down the principal balance of the $46.5 million mortgage against the Georgetown Center office property in Washington, D.C., buying it a six-month term extension. The ...
Commercial Real Estate Direct Staff Report Allegiance Realty Corp. is offering for sale Renasant Place, a 278,160-square-foot office building in downtown Birmingham, Ala. The 15-story property, at 2001 Park Place North, could sell for about $40 million, or $144/sf, which ...
Commercial Real Estate Direct Staff Report Dekabank Deutsche Girozentrale has provided a $300 million loan against One Park Ave., a 947,000-square-foot office building in midtown Manhattan. The five-year loan pays a rate pegged to Libor plus 175 basis points and ...
Blackstone Mortgage Trust Inc. has provided $210 million of mortgage financing against 1180 Avenue of the Americas, a 383,983-square-foot office building in midtown Manhattan. The mortgage, which includes $7 million of construction financing, was used to pay off a $133 ...
Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Greenwich Capital Commercial ...
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