David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: Georgia - GA
Blue Owl Puts Up Capital to De-Leverage CMBS Loan on Net-Leased Portfolio
The Blue Owl Capital Inc. affiliate that owns a portfolio of net-leased properties, some of which have gone dark as a result of their tenants' bankruptcies, is ponying up additional capital to reduce the leverage level of a $425 million ...
Brookfield Exercises Term Extension for $160.84Mln Loan on Ga. Mall
Commercial Real Estate Direct Staff Report The Brookfield Properties affiliate that owns the Augusta Mall in eastern Georgia has exercised an option it had to extend the maturity of the property's $160.84 million mortgage by an additional year to next ...
Venture Paid $36Mln for Dual-Branded Atlanta Hotel
Commercial Real Estate Direct Staff Report The venture between Monomoy Property Ventures and Axonic Capital that bought the dual-branded hotel at 590 West Peachtree St. NW in Atlanta paid $36 million, or $77,922/room, for the 462-room property. As reported, the ...
Venture Buys Dual-Branded Hotel in Atlanta; Plans Big Renovation
A venture of Monomoy Property Ventures and Axonic Capital has purchased the dual-branded Crowne Plaza Atlanta-Midtown and Staybridge Suites Atlanta-Midtown hotel in Atlanta, with plans to renovate the property and re-brand it a Marriott. The price paid for the 53-year-old ...
Paces West office property
Paces West has two 18-story buildings at 2727 Paces Ferry Road and was built in 1987. It was 85% leased as of March, but that fell to less than 50% when Piedmont Healthcare vacated 253,246 sf for space at Atlantic ...
Atlanta’s Paces West Office Complex Sells at Near 82% Discount
Atlanta Business Chronicle An affiliate of Insignia LLC has paid $21.75 million, or $33.64/sf, for the 646,471-square-foot Paces West office property in Atlanta. The local investor purchased the two-building complex from a venture of CP Group of Boca Raton, Fla., ...
Twelve Oaks
David Garfunkel and Co. brokered the deal for the buyer. Twelve Oaks, at 5500 Abercorn St., was built in 1985 and is 99% leased.
InvenTrust Pays $35.8Mln for Savannah, Ga., Shopping Center
Shopping Center Business InvenTrust Properties Corp. has paid $35.8 million, or $341.23/sf, for the 104,915-square-foot Twelve Oaks shopping center in Savannah, Ga. The Downers Grove, Ill., REIT purchased the retail property from Atlantic Capital Partners, which was represented in the ...
Penler Buys Midtown Atlanta Apartment Complex for $94.3Mln
Atlanta Business Chronicle Penler has bought Trace Midtown, a 290-unit apartment complex in Atlanta's Midtown area for $94.3 million, or $325,172/unit. The local multifamily investor bought the property from JLB Partners of Dallas, which had developed it in 2016. Trace ...
2124 Skyview Drive
The property is fully leased to an undisclosed logistics provider.
About
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.
