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Commercial Real Estate Direct Staff Report A portfolio of three Wilmington, Del., office buildings backing distressed CMBS debt are scheduled for sheriff's sale next month. The buildings, with 305,398 square feet at 200, 300, and 400 Bellevue Parkway, serve as ...
The $76.15 million CMBS loan against the Dover Mall and Commons retail property in Dover, Del., is back in special servicing. The property very well could end up being owned by the CMBS trust that holds the loan.
Pearlmark Real Estate has provided a $70 million loan against the 525,000-square-foot Tri-State Distribution Center in Claymont, Del., near Wilmington, Del. The three-year loan, arranged by JLL Capital Markets, allowed the property's owner, a venture of KPR Centers LLC and ...
Commercial Observer Buccini Pollin Group has lined up $50.5 million of financing against the 203-unit Crosby Hills Apartments at 517 North Shipley St. in Wilmington, Del. MF1 Capital provided a $45 million senior loan, while Pearlmark provided $5.5 million of ...
Commercial Observer A lender group led by Apollo Global Management and Pearlmark has provided $103 million of financing to fund the second phase of the conversion of the former DuPont headquarters in downtown Wilmington, Del., into apartments. The second phase ...
Lenox Group has paid $30 million, or $121.60/sf, for the 230,255-square-foot Eden Square retail property in the Wilmington, Del., suburb of Bear, Del. The Atlanta investor bought the property, at 100 Eden Circle, from Acadia Strategic Opportunity Fund IV, a ...
Lenox Group has paid $30 million, or $121.60/sf, for the 230,255-square-foot Eden Square retail property in the Wilmington, Del., suburb of Bear, Del. The Atlanta investor bought the property, at 100 Eden Circle, from Acadia Strategic Opportunity Fund IV, a ...
Commercial Real Estate Direct Staff Report Brandywine Realty Trust is planning to convert part of the 298,071-square-foot office building at 300 Delaware Ave. in downtown Wilmington, Del., into 232 apartment units. The 17-story building was just 50.6% occupied as of ...
REBusiness Online AMS Fulfillment has leased 181,074 square feet at the 366,770-sf industrial property at 710 American Blvd. in the Wilmington, Del., suburb of Bear, Del. The property, which is under construction, is owned by a venture of Davis Cos. ...
Commercial Real Estate Direct Staff Report Bellevue Park Corporate Center in Wilmington, Del., which has been struggling with a growing vacancy rate, hasn't generated enough cash flow to fully service its mortgage debt. As a result, the $50.87 million loan ...
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