144-Unit Apartment Property Opens in Arlington, Va.
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CenterPoint Sells 3 Ill. Industrial Buildings for $125Mln
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Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc. has taken a $37.4 million impairment charge against its Park Plaza Mall, a 539,936-square-foot shopping center in Little Rock, Ark. A total of 283,326 sf at the property serves ...
Commercial Real Estate Direct Staff Report The Wausau Center shopping mall in central Wisconsin, which had backed a $17.2 million CMBS mortgage, has sold for $3 million. The 424,044-square-foot retail property, of which only 235,656 sf had served as collateral ...
Commercial Real Estate Direct Staff Report Rialto Capital Advisors, special servicer of a $49.1 million loan against the Oakdale Mall near Binghamton, N.Y., has initiated foreclosure efforts to take title to the property on behalf of the CMBS trust that ...
Commercial Real Estate Direct Staff Report The $49.5 million CMBS loan against the Oakdale Mall near Binghamton, N.Y., has been hit with a $12.4 million appraisal reduction amount. That means the shopping center's appraised value is now below the loan's ...
Another CMBS loan against an enclosed shopping center owned by CBL & Associates Properties Inc. has gotten into hot water. This time, it's the $79.6 million mortgage against the Park Plaza Mall in Little Rock, Ark. The loan, securitized through ...
Wells Fargo Bank has provided $49.8 million of financing against the Pan American Life Center, a 674,000-square-foot office building at 601 Poydras St. in New Orleans. The 10-year loan, which amortizes on a 25-year schedule, was arranged by Berkadia's hotel ...
Commercial Real Estate Direct Staff Report The $50.7 million CMBS loan against 708,695 square feet at the 851,498-sf Oakdale Mall near Binghamton, N.Y., has been transferred to special servicer Rialto Capital Advisors because it's expected to default. The loan ...
The investor group that owns a 252-unit student-housing apartment property near the State University of New York in Fredonia, N.Y., claims it's not getting a fair shake from the servicer handling its CMBS loan. The loan's servicer has declared a ...
A venture of Angelo, Gordon & Co. and Capstone Equities is offering for sale 30 Flatbush Ave., a 231,936-square-foot office building in downtown Brooklyn, N.Y. The property, which is triple-net leased to Consolidated Edison Inc. through at least 2022, is ...
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 Credit Suisse First ...
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