Commercial Real Estate Direct Staff Report SL Green Realty Corp. has received a maturity extension, to November 2026, for its $190.1 million loan against the 50,000-square-foot office property at 185 Broadway in downtown Manhattan. The New York REIT had to ...
The Real Deal Charles Schwab is offering for sublease 135,000 square feet of office space at 100 and 150 South Wacker Drive in Chicago. The financial services company is the two-building property's largest tenant, leasing 145,543 sf through December 2027. ...
Commercial Observer Yellowstone Real Estate has paid about $200 million for the distressed loan against the 603,928-square-foot office building at 1740 Broadway in Manhattan. Midland Loan Services, special servicer for the CMBS trust that holds the loan, BWAY Mortgage Trust, ...
Commercial Real Estate Direct Staff Report Orda Management Corp., which owns Manhattan's 225 and 233 Park Ave. South, is expected to default on the 675,756-square-foot office property's $235 million CMBS loan. As a result, the loan has been transferred to ...
Commercial Real Estate Direct Staff Report The $19 million CMBS loan against the 182,505-square-foot office property at 700 17th St. in Denver has transferred to special servicer LNR Partners as it is more than 90 days delinquent. The transfer was ...
REBusiness Online Chavez Management Group has paid $44.5 million, or $106.21/sf, for Natomas Corporate Center, a 419,000-square-foot office property in Sacramento, Calif. The Burlingame, Calif., company purchased the property from Bannon Investments Ltd., which was represented by Avison Young. Natomas ...
Commercial Real Estate Direct Staff Report A venture of SL Green Realty Corp. and PGIM Real Estate has secured an extension for the $360 million loan against 100 Park Ave., an 874,022-square-foot office building in Manhattan. The loan, initially scheduled ...
The Real Deal Lincoln Property Co. has defaulted on the $23.3 million loan against the 90,000-square-foot office property at 1500 Quail St. in Newport Beach, Calif. Capital One provided the loan in 2018 to facilitate the Dallas company's $32 million ...
Commercial Real Estate Direct Staff Report The 120,215-square-foot office building at 717 14th St. in Washington, D.C., was appraised recently at a value of $10.5 million. That's down 81 percent from the $56 million value pegged to it 10 years ...
Commercial Real Estate Direct Staff Report SL Green Realty Corp. has agreed to buy the remaining stake it doesn't already own in 10 East 53rd St., a 366,879-square-foot office property in midtown Manhattan. The New York REIT is buying the ...
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