Commercial Real Estate Direct Staff Report Mall at Turtle Creek in Jonesboro, Ark., which backed what in 2016 was a $71.86 million CMBS loan, has been sold, resulting in $20.13 million of losses to the two trusts that held the ...
Commercial Real Estate Direct Staff Report The $384.8 million CMBS loan against a portfolio of 43 apartment properties with 8,671 units that Chetrit Group purchased in 2019 for $522 million has been paid down to $195.96 million. That's the result ...
The Los Angeles company bought the 23-year-old property, at 503 North 46th St., from the CMBS trust that had held a $35 million mortgage against it. Simmons Bank provided an $18.5 million loan with a three-year term to facilitate Michael ...
Triad Business Journal Tanger has bought the 270,000-square-foot Promenade at Chenal open-air lifestyle center in Little Rock, Ark., for $73 million, or $270.37/sf. The Greensboro, N.C., retail property owner purchased the shopping center using cash on hand and available liquidity. ...
The Los Angeles company bought the 23-year-old property, at 503 North 46th St., from the CMBS trust that had held a $35 million mortgage against it. Simmons Bank provided an $18.5 million loan with a three-year term to facilitate Michael ...
Commercial Real Estate Direct Staff Report Michael Development Corp. has paid $26.5 million, or $83.20/sf, for Scottsdale Center, a 318,526-square-foot retail property in Rogers, Ark. The Los Angeles company bought the 23-year-old property, at 503 North 46th St., from the ...
Commercial Real Estate Direct Staff Report Strategic Student & Senior Housing Trust Inc. has sold the 198-unit YOUnion@Fayetteville student-housing property, serving the main campus of the University of Arkansas, for $72.25 million, or $364,899/unit. The property, with a 589-bed capacity ...
Sundance Real Estate has bought The Edge at Donaghey, a student-housing property with 432 beds in Conway, Ark., about 33 miles northwest of Little Rock, Ark. The Cedarhurst, N.Y., company purchased the 120-unit complex from a company calling itself Azalea ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
