State: Delaware - DE

Commercial Real Estate Direct Staff Report The $22.91 million CMBS loan against Delaware Corporate Center I & II, a 200,275-square-foot office property in Wilmington, Del., has transferred to special servicer Rialto Capital Advisors as it's not expected to be paid ...

Commercial Real Estate Direct Staff Report The 447,439-square-foot 1201 North Market St. office property in Wilmington, Del., whose $74.43 million CMBS loan had defaulted at its maturity last November, has been appraised at a value of $44.8 million, according to ...

Commercial Real Estate Direct Staff Report Arch Street Capital Advisors has bought itself more time to refinance the matured $50.4 million mortgage against the 283,069 square feet of office space at the Chemours Building in Wilmington, Del. The Greenwich, Conn., ...

Commercial Real Estate Direct Staff Report McConnell Johnson Real Estate, which owns the 447,439-square-foot 1201 North Market St. office property in Wilmington, Del., was unable to refinance the property's $74.57 million mortgage when it matured last month. So, it's been ...

Commercial Observer Bank of Montreal has provided a $35.5 million loan against PNC Bank Center, a 249,799-square-foot office property in Wilmington, Del. Meridian Capital Group arranged the five-year, interest-only loan on behalf of the property's owner, Douglas Development Corp. of ...

Bravo Capital has provided $44.2 million, under the U.S. Department of Housing and Urban Development's 223(f) program, for the 280-unit Residences at Rodney Square in Wilmington, Del. The loan was arranged by Morris Betesh, a former Meridian Capital Group senior ...

First National Realty Partners has paid $29.8 million, or $249.49/sf, for Christina Crossing, a 119,446-square-foot shopping center in Wilmington, Del. The Red Bank, N.J., investor bought the property from a venture of KPR Centers and DRA Advisors LLC, which had ...

Philadelphia Business Journal Logistics Property Co. will construct a 200,000-square-foot industrial facility in Newark, Del. The Chicago developer is building the property, at 2051 Old Coochs Bridge Road, specifically for Evernorth Health Services, a subsidiary of Cigna Group. It's part ...

Commercial Real Estate Direct Staff Report Principal Asset Management has provided $56.3 million of financing for the construction of Tri-State Industrial, with 525,000 square feet in Claymont, Del. The loan was arranged by JLL Capital Markets. The property is being ...