Deal Name: UBS-Citigroup Commercial Mortgage Trust

Commercial Real Estate Direct Staff Report Poughkeepsie Galleria, a 1.2 million-square-foot enclosed shopping mall in Dutchess County, N.Y., some 70 miles north of midtown Manhattan, has suffered from a substantial drop in net cash flow and now isn't generating enough ...

Crain's Chicago Business A venture led by investor Maria Magnus has paid $41 million for a portfolio of five Chicago properties at a recent bankruptcy sale. The properties formerly had been owned by local developer Arthur Holmer, who in 2015 ...

Crain's Chicago Business Deutsche Bank has filed a foreclosure suit against Chicago developer Arthur Holmer, who late last year pleaded guilty to mortgage fraud. The bank says Holmer defaulted on an $18.77 million CMBS loan against a portfolio of three ...

Natixis Real Estate Capital has provided $59.5 million of financing against the Park at Mount Kisco, a 611,954-square-foot mixed-use property in Westchester County, N.Y. The 59-year-old property, at 333 North Bedford Road in Mount Kisco, N.Y., is owned by Diamond ...

Commercial Real Estate Direct Staff Report The $160 million of CMBS debt against Trinity Centre, a 900,744-sf office property at 111-115 Broadway in lower Manhattan, is being defeased, or replaced by government securities. According to an alert by Kroll Bond ...

New York Observer The Port Authority of New York and New Jersey has renewed its lease at Trinity Centre in lower Manhattan, downsizing from 137,628 square feet to 62,000 sf. Capital Properties owns the 900,744-sf office property, at 111-115 Broadway, ...

  A group that includes Nightingale Properties has tapped Eastdil Secured to market for sale 1700 Market, an 841,172-square-foot office property in downtown Philadelphia. Based on the property's $12.3 million of expected net operating income, it should sell for more ...